Associate, Private Credit Investment Risk Manager
BlackRock
London, , United KingdomPosted 4 days agoDiscoveredMatch locked
Full-time3+ years exp
Team and Function
The Risk & Quantitative Analysis (RQA) group provides independent top‑down and bottom‑up oversight of BlackRock's investment and enterprise risks. We deliver risk management, tailored advice and quantitative analytics to ensure risks are well understood and appropriately managed to support stronger business and investment outcomes.
We apply quantitative analysis, market expertise and multidisciplinary skills to identify, assess and address real‑world risks across portfolios and the firm. We partner closely with investment teams and other businesses to challenge assumptions, inform decision‑making and help portfolio managers build risk‑aware portfolios. We also develop and enhance analytics for risk and portfolio management by leveraging Aladdin's capabilities.
The Investment Risk function is known for:
- Being a team of outstanding risk managers and quants partnering with portfolio management teams to oversee our clients' portfolios to ensure they are consistent with specified risk and performance objectives
- Providing real-world solutions that help preserve the financial well-being of all our clients
- Holding unbiased insights into financial markets and portfolios
- Providing critical independent thought leadership and risk oversight for senior management of the firm and the Board of Directors
Your Role and Impact
In this investment risk role, you will partner with BlackRock's Private Financing Solutions ("PFS") business unit, an integrated franchise with approximately $370 billion in client assets (including $205 billion of private credit assets). The primary investment perimeter of focus is the Growth and Venture Debt strategy that provides private debt solutions to sponsor-backed, high-growth companies across different stages of their development. You will work closely with investment professionals, senior risk managers, and partners across BlackRock on new transaction review, asset-level monitoring, asset-, portfolio- and fund-level analysis, cross-platform processes, product development and client engagement.
The role offers broad exposure across the investment lifecycle, from reviewing new financing proposals to monitoring portfolio companies' performance, evaluating potential risk mitigation, as well as restructuring strategies. You will combine fundamental credit analysis, quantitative techniques, and investment risk insights to develop clear recommendations for investment professionals, senior leadership and, where appropriate, clients. The breadth of the role may appeal to candidates from banking and asset management, transaction advisory, and financial-services consulting backgrounds.
Responsibilities
- Act as a trusted risk partner to investment professionals across the Growth and Venture Debt strategy, providing independent assessment and constructive challenge throughout the investment lifecycle (including new financing and restructuring proposals).
- Work with senior risk managers and investment teams to promote rigorous governance and oversight, identifying emerging portfolio risks and ensuring portfolio exposures remain consistent with client objectives, investment guidelines and risk appetite.
- Monitor portfolio-company performance using fundamental analysis and investment risk analytics, regularly interacting with investment teams to understand evolving risks and develop appropriate mitigation strategies.
- Conduct asset-, portfolio- and fund-level analysis, including quarterly portfolio reviews, thematic analysis, stress testing and scenario analysis, performance attribution, and assessment of portfolio construction, deployment and asset quality trends.
- Develop and enhance analytical frameworks, monitoring tools and risk reporting to assess individual investments, quantify the impact of potential risk events, and inform portfolio-construction decisions.
- Translate complex ideas into clear, actionable perspectives for investment professionals and senior leadership, including through regular business reviews and timely ad hoc analysis.
- Contribute independent risk perspectives to valuation and other cross-platform processes, including product development, investor due diligence, and client engagement on investment risk-related topics.
Qualifications
- Bachelor's degree in economics, finance, mathematics, engineering or other analytical discipline; relevant postgraduate qualification(s) would be advantageous.
- Minimum of 3-5 years of experience in credit risk management, credit research or portfolio management, with a focus on direct lending / private credit, principal finance, transaction advisory and/or financial services consulting.
- Exceptional analytical skills, attention to detail, a strong work ethic and an interest in applying a problem-solving mindset across the investment lifecycle.
- Ability to work autonomously as well as part of a team and collaborate with team members across BlackRock's global locations.
- In-depth understanding of investment risk management including modelling techniques and innovative approaches to solving risk-return, portfolio construction, and risk management problems.
- Outstanding interpersonal, leadership and oral/written communication skills; ability to communicate both quantitative and capital markets insights succinctly is a must.
- Familiarity with programming and data-query tools (Python, R or SQL) is required; relevant professional qualifications, such as FRM or CFA designation, are beneficial.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided
guidance
on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
To learn more about BlackRock, please visit Careers.BlackRock.com . We also encourage you to get to know us on LinkedIn , Instagram , YouTube , X , and TikTok .
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
Not included in the source posting: qualifications.
Skills
artificial-intelligencepythonsql
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