EMEA Private Debt (Mid Market) Associate London

About this role

The role will be within our Private Financing Solutions (PFS) team . This new platform brings together several leading franchises under one structure to serve client needs and deepen our role in the financing ecosystem. PFS is built to address the structural forces reshaping markets and deliver more complete solutions across public and private investments.

Private Credit: By combining HPS with BlackRocks private credit business weve created a private credit platform designed to meet the needs of clients with long-dated investment capital through unmatched investment expertise product depth and global scale. This $370 billion platform spans the full capital structure from senior to junior credit and includes a wide array of corporate-focused strategies including direct lending venture growth and distressed as well as asset-based financing inclusive of real estate debt. PFS is positioned to deliver the risk/return profile duration yield and flexibility our clients are looking for and will operate alongside BlackRocks $3 trillion public fixed income franchise that spans Fundamental Fixed income.

The European Middle Market Private Debt provides on behalf of BlackRocks clients and funds mid-market companies with debt financing for acquisitions capital growth refinancings LBOs and liquidity situations

Position Overview

• The European Private Credit team is seeking to hire an Associate to support the assessment structuring and execution of private credit investments across the European market.
• The role will be Londonbased with the potential for relocation to a regional office in the Netherlands or Stockholm over time subject to business needs and individual development.
• The Associate will work closely with senior investment professionals throughout the full investment lifecycle from initial screening and due diligence through execution monitoring and portfolio management.

Key Responsibilities

• Support the evaluation and underwriting of new private credit investment opportunities across Europe with a primary focus on direct lending transactions
• Conduct fundamental credit analysis including detailed review of business models industry dynamics competitive positioning and sponsor quality
• Build and review financial models including operating cases downside scenarios and return analysis
• Prepare and contribute to Investment Committee materials including company overviews transaction structures investment theses financial analysis risk assessments and mitigants
• Participate in transaction execution including coordination with internal stakeholders and external advisers (legal financial commercial and ESG)
• Assist senior investors with the review and negotiation of financing and legal documentation in collaboration with internal and external counsel
• Support ongoing portfolio management including financial performance monitoring covenant analysis and periodic reviews
• Participate in management meetings sponsor discussions and due diligence sessions
• Develop a strong understanding of portfolio companies and build relationships with management teams sponsors and advisers over time

Skills & Experience

• 36 years of relevant experience in private credit direct lending leveraged finance investment banking or a related advisory role
• Strong analytical skills with the ability to assess credit risk and investment merits across a range of capital structures
• Solid financial modelling capability including bottom-up KPI driven integrated threestatement models and scenario analysis
• Understanding of private credit documentation and transaction structures with an interest in continuing to deepen technical legal and structuring knowledge
• Ability to manage multiple workstreams and prioritize effectively in a fastpaced transaction environment
• Strong written and verbal communication skills with the ability to present analysis clearly and concisely
• A proactive detailoriented and collaborative approach with the ability to work independently as required

Language & Location Requirements

• Fluency in English is required
• Dutch Swedish or Norwegian language skills are preferred
• Role is based in London with potential future relocation to the Netherlands or Stockholm

Sector Exposure

• Prior exposure to sectors such as Healthcare Software and Technology is advantageous but not required

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

BlackRocks 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.

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 childrens 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. Its why were dedicated to creating an environment where our colleagues feel welcomed valued and supported with networks benefits and development opportunities to help them thrive.

For additional information on BlackRock please visit @blackrock Twitter: @blackrock LinkedIn: 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.