Director, Infrastructure Debt Securitization

About this role

BlackRock is one of the world’s preeminent asset management firms and a best-in-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from meticulous fundamental and quantitative active management approaches aimed at improving outperformance to highly efficient indexing strategies designed to gain broad exposure to all capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and pooled investment vehicles, and the industry-leading iShares® ETFs.
 

The BlackRock's Fundamental Fixed Income group handles more than $1.2 trillion in fixed income assets. The platform offers an array of fixed income products designed to meet specific client risk and return profiles. Incorporating the expertise of BlackRock's sector specialists, each client portfolio is tailored to reflect specific investment guidelines and objectives with respect to interest rate exposure, sector allocation, and credit quality.
 

BlackRock’s Securitized Assets investment team is seeking a structured infrastructure debt portfolio manager who brings structuring and banking expertise to take advantage of what is a growing market for infrastructure finance. The candidate will work closely with the real estate and asset backed securitized investment teams to invest across a wide range of debt financings, expanding in new or nascent areas within structured finance that have yet to become mainstream.

Key Responsibilities:

• Source, evaluate and structure public and private tranched financings within the infrastructure space, including digital infrastructure, energy, transportation, or other emerging areas of infrastructure finance suitable to securitization.
• Conduct market and asset level research and due diligence on the industry, opportunity, structuring, financial modeling, scenario analysis, valuation, and ongoing monitoring to assist in the investment process.
• Underwrite credit risk for each investment, run ad-hoc stress testing, and periodic portfolio-level reporting to investment committees and management
• Assist in all aspects of investing and deal execution, including documentation, client outreach, legal and tax considerations, investment committee processes
• Assist in designing and developing innovative structures that meet business and client needs
• In conjunction with Product Strategy, prepare marketing materials for new fund offerings and participate in conference calls and marketing road shows

Key Qualifications:

• Undergraduate degree in Finance, Engineering, Economics, Statistics, or Mathematics with superior academic record
• 7+ years of relevant and similar experience working in a sell-side or buy-side structuring role
• Experience required with MS Excel, building financial models and cashflow analysis
• Understanding of rating agency methodologies, comfort with legal documentation
• Candidate must be able to work in collegial, team-oriented environment
• CFA Charterholder or CFA progress, and experience with Python a plus

 

For New York City only: The salary range for this position is $205,000 - $260,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock