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Senior Associate/Vice President of SPV Reporting in Investment Operations

2 months ago


Short Hills, New Jersey, United States Blue Owl LLC Full time

Company Overview

Blue Owl (NYSE: OWL) stands at the forefront of asset management, transforming the landscape of alternative investments. With a robust portfolio exceeding $192 billion in assets under management, we operate through three diverse multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Our strong foundation of permanent capital enables us to provide tailored private capital solutions that foster long-term growth, while offering a variety of alternative investment opportunities designed to deliver exceptional performance, risk-adjusted returns, and capital preservation.

Position Overview

We are currently seeking a Senior Associate/Vice President of SPV Reporting in Investment Operations, who will specialize in credit facility reporting and the oversight of borrowing base compliance. The primary responsibility of this role involves maintaining critical calculations related to loan-to-value ratios, investment guidelines, and waterfall payments, including interest expenses, while ensuring compliance with established covenants. This position requires continuous evaluation of the underlying financial and principal activities of investments, in collaboration with the collateral agent and leverage provider as necessary.

Key Responsibilities:

  • Oversee investment guidelines for SPV credit facilities and CLOs.
  • Calculate loan-to-value ratios and other assessments to ensure compliance with the Borrowing Base.
  • Evaluate fund investments to optimize financing for underlying assets.
  • Manage all compliance and reporting obligations related to credit facilities.
  • Facilitate the loan approval process in conjunction with lenders and the structuring team.
  • Maintain financial records of underlying obligors and assess potential impacts on credit facilities.
  • Review monthly reports from collateral agents/trustees and quarterly waterfall payment reports for distribution to lenders and noteholders.
  • Supervise liquidity requirements and prepare borrowing notices as necessary.
  • Monitor credit facility ratings and debt positions in WSO, ensuring all information is current.
  • Prepare interfund transfer documentation among credit facilities and the parent fund to meet leverage requirements.
Qualifications:
  • 5-10 years of experience within the financial services sector.
  • Professional expertise in loan operations.
  • Exemplary level of professionalism.
  • Proactive and solution-oriented approach in all interactions.
  • Strong analytical and problem-solving capabilities.
  • Exceptional interpersonal skills, both verbal and written.
  • Ability to effectively prioritize and manage workloads on a daily, weekly, and monthly basis.
  • Capacity to multitask while maintaining focus.
  • Bachelor's degree is required.
Blue Owl is committed to fostering an inclusive environment and 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.