Blue Owl Capital

Blue Owl Capital

Alternative Credit, Residential Credit - Vice President

New York City, NY · Exec

Sponsorship not specifiedDetected 1 day ago
PythonFinancial ModelingSASLeadershipCommunicationUnderwritingCFA

About the role

  • Our Alternative Credit team is seeking a Vice President to focus on Residential Credit within the broader Asset Based Finance strategy.
  • This individual will play a key role across the full investment lifecycle, including sourcing, underwriting, execution, and portfolio management of residential credit investments.
  • The role requires strong analytical judgment, deep sector expertise, and the ability to independently assess complex transactions.

Responsibilities

  • Underwrite new investment opportunities, coordinate deal execution, and support asset management of existing transactions
  • Manage a deal team of 1-2 junior investment professionals to complete investment due diligence, create investment committee deliverables (including memos, models, and supplemental analysis), and oversee transaction closing process
  • Support legal documentation and closing processes
  • Develop and communicate views on prospective investments, as well as how macro trends will impact new opportunities and the existing portfolio
  • Communicate and collaborate with various constituencies including internal deal sponsors, counterparties, financing counterparties, and outside counsel
  • The Vice President will lead transaction execution, manage junior team members, and partner closely with senior leadership to evaluate opportunities and drive investment decisions.

Requirements

  • 6-8 years of relevant experience primarily in structured finance with significant residential mortgage and housing-related experience
  • Ability to self-direct, analyze, evaluate, form independent judgments, and screen new opportunities
  • Strong understanding of and experience with loan purchase agreements, credit agreements, and related documentation

Nice to have

  • advanced degree or CFA is a plus
  • experience investing in or trading public securities is a plus
  • Significant experience evaluating, underwriting, and monitoring transactions within the residential credit and housing sector.
  • Experience investing in other consumer debt or commercial mortgages is a plus
  • Bachelor's degree with an outstanding record of academic excellence in a quantitative, finance, economics, engineering, or a related field
  • Ideal candidate has 3+ years of buy-side investing experience with significant experience (i.e., multiple years across numerous transactions) in private markets
  • Strong quantitative and financial modeling (assets and liabilities) skills.
  • Proficiency or fluency in a coding language (Python, SAS, R, VBA) is a plus

Compensation

  • It is expected that the base annual salary for this New York-based position will be $175,000.

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.