Blue Owl Capital

Alternative Credit, Asset Management - Associate

Dallas · Staff+

Sponsorship not specifiedDetected 1 day ago

Financial AnalysisCommunicationCollaboration

About the role

The Asset Management function within Blue Owl's Alternative Credit platform is responsible for the ongoing monitoring, analysis, and oversight of portfolio investments.
The team plays a critical role throughout the lifecycle of an investment, from post-close surveillance to active engagement in restructurings, workouts, and other complex situations.

Understand loan mechanics to perform ongoing borrowing base reviews, collateral verifications, financial analysis and liquidity assessments of corporate level risk for each investment.
Design and maintain borrowing base and servicer report templates through the translation of legal documentation for lending as well as borrowing (leverage facilities) transactions.
Participate in borrower update calls and provide support during negotiations with borrowers for modifications and other requests from management teams.
Engage in field exam related activities - examiner engagement, scope design, report review, and issue remediation.
Support senior members of Blue Owl's Asset Management team on workouts, restructurings, liquidations, and other special situations.
Through close collaboration with investment teams, borrowers, and external partners, the Asset Management team helps protect capital, drive performance, and support strategic decision-making across the platform.

Bachelor's degree with 3+ years of experience at a specialty lender, commercial bank, or investment firm, with a focus on credit monitoring, asset management, and/or workout situations.
Experience reviewing and interpreting legal documentation, including credit agreements and transaction structures.
Strong attention to detail with the ability to identify trends, risks, and key drivers of performance.
Collaborative team player with strong communication skills and the ability to engage effectively across stakeholders.
Strong foundation in fundamental credit analysis, including financial statement analysis and preparation of detailed financial spreads.
Demonstrated ability to take ownership of workstreams, operate independently, and manage competing priorities effectively.
High level of integrity, professionalism, and sound judgment in evaluating risk and making decisions.
Self-aware with a strong desire to learn and grow
actively seeks and incorporates constructive feedback.
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.

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.