Blue Owl Capital

Blue Owl Capital

Alternative Credit, Deal Execution - Associate / Senior Associate

New York City, NY, USA · Senior

Sponsorship not specified$150k-$200kDetected 141 days ago
Data ScienceProject ManagementSalesforcePipeline ManagementAccountingExcelProcess ImprovementCommunicationProblem SolvingOrganizational SkillsMicrosoft Office

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odds of building a lasting career here

59Sponsors, lottery-bound
Cap-exempt (no lottery)0
Sponsors this role80
Entry-level history0
PERM / green-card track0
Lottery odds (Level IV)94
Fits your clock70

Sponsors, but it's cap-subject — you still face the weighted lottery (~61% per draw at Level IV). Good if you win; have a cap-exempt backup on your list.

Lottery odds assume a STEM candidate.

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Employer immigration record

from this employer's Department of Labor filings

Files H-1B transfers

2 transfer filings in the last year, covering 2 workers. Median labor-condition decision: 8 days. An employer that already files transfers is one that can take over an existing H-1B.

Sourced from Department of Labor LCA, PERM and prevailing-wage disclosure data. Employer matching is by name, so figures may be split across an employer's legal entities. Absence of a filing means none appears in our copy of the data, not that none exists.

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About the role

  • Blue Owl is seeking a collaborative, motivated and organized Associate or Senior Associate to join our Deal Execution team, supporting the Alternative Credit business.

Responsibilities

  • Manage a comprehensive deal closing process for all Alternative Credit investments by coordinating directly with our borrowers and portfolio companies, Blue Owl investment professionals and key internal stakeholders to ensure seamless front to back execution (entity formation, document review/asset creation, trade booking, funding, internal process compliance)
  • Collaborate with portfolio managers, investment professionals, operations and accounting teams to manage a real-time investment pipeline and associated pipeline management processes (impacting fund allocation, available capital and liquidity management workflows)
  • Partner with our investing, legal and operations teams to review credit agreements and related legal documentation for each investment, with joint oversight of new deal product builds and asset enrichment, along with full responsibility to book commitment activity in an order management system to facilitate downstream flow to books and records.
  • Work with Operations and other key internal stakeholders to manage certain loan servicing and sub-agency vendor relationships (including deal onboarding, funding and closing
  • Collaborate with our Portfolio Management and Data Science teams to ensure reporting accuracy and timeliness of key investment metrics, which inform various portfolio KPIs and valuations for senior management and external stakeholders (investors, LPs)
  • Help drive major cross divisional process improvement and change management projects within the firm, with a sharp focus on data integrity, automation and standardization of best practices.
  • Work with Operations and other key internal stakeholders to manage certain loan servicing and sub-agency vendor relationships (including deal onboarding, funding and closing; monitoring post-close lifecycle activity (amendments, principal & interest payments); ensuring accurate and timely administration of borrower and lender positions; project management/process improvement and automation
  • Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Requirements

  • Bachelor's degree with a cumulative GPA of 3.5+ (or equivalent), preferably in finance, economics, engineering and/or computer science
  • Strong understanding of core operational mechanics across alternative/private assets and familiarity with standard legal documents (credit agreements, subscription documents, forward flow commitment purchases)
  • Sharp written and verbal communication skills with ability to summarize complicated fact sets, anticipate potential issues and follow through to ensure all deliverables are completed timely
  • 3-7 years of relevant working experience in a leveraged finance/credit operations, middle office/transaction management or other risk management function supporting alternative assets (buyside alternative credit experience strongly preferred)
  • Highly organized and able to interact efficiently and directly with deal teams/investment professionals
  • Ability to multi-task and maintain consistent attention to detail while working in a fast-paced environment
  • Commitment to teamwork and resourcefulness with a consensus-driven approach to problem solving
  • Passion for learning, ability to think critically to solve complex problems and desire to propose new ideas / leverage technology to drive change
  • Outstanding interpersonal skills with ability to build rapport and strong working relationships
  • It is expected that the base annual salary range for this New York City-based position will be $150,000 to $200,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
  • Blue Owl is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

Nice to have

  • Proficiency across full Microsoft Office suite (particular focus on Excel)
  • experience with leveraged loan/alternative credit-specific software is a plus (IVP, DealCloud, SalesForce, order management system infrastructure, treasury/funding platforms, ledger technology)
  • experience with AI prompts and workflow design also a plus

Compensation

  • It is expected that the base annual salary range for this New York City-based position will be $150,000 to $200,000.

Benefits

  • Together with over 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional.

This listing is sourced directly from Blue Owl Capital's careers page and normalized into a canonical job model.