About this role
PFS Investment Partners, a part of BlackRock, is a leading global, credit-focused alternative investment manager that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offer the flexibility to invest in companies large and small, through standard or customized solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients.
Department Description
The Capital Deployment & Liquidity Management team is responsible for the liquidity management, allocations and fundings for the Private Credit platform. The team works very closely with the Portfolio Manager, and Investment Teams on the allocation and funding of all investments, along with various other internal teams across infrastructure (Treasury, Fund Accounting, etc.) on the liquidity management of each individual fund.
Description
HPS is currently seeking an Associate level candidate to join the Capital Deployment & Liquidity Management team in Mumbai. This position will primarily support deal closings and ratings maintenance for Private Credit investments, with a focus on Private Ratings, Middle Market CLOs, and High-Grade Credit. The ideal candidate will have 3-6 years of relevant deal execution experience, preferably in private ratings management, as well as strong attention to detail, the ability to meet deadlines, and excellent communication skills.
Responsibilities
Specific responsibilities include, but are not limited to, the following:
- Support investment operations across private credit, direct lending, high-grade credit, and CLO portfolios.
- Manage the full lifecycle of private rating requests, working closely with Fitch, Moody's, S&P, and KBRA from initial submission through the issuance of rating letters, credit estimates, and credit opinions.
- Oversee PPN and CUSIP request workflows and maintain supporting transaction documentation throughout the investment lifecycle.
- Review, validate, and maintain ratings information in internal systems, ensuring the accurate capture of rating actions and security-level data.
- Create and maintain rating letter templates and trackers, and coordinate the timely distribution of ratings-related information to investors and key stakeholders.
- Manage rating agency invoices, fee administration, and related operational processes.
- Coordinate preliminary and final private ratings required for certain accounts, including organizing meetings and calls between HPS and the rating agencies.
- Support insurance investment portfolios through reporting, data analysis, and ad hoc requests.
Candidate Profile
- 3-6 years of relevant work experience, asset management industry preferred.
- Excellent written and oral communication skills
- Collaborative mindset, and diligent with demonstrated skills problem-solving.
- Strong technical skills, with a willingness to learn and implement new software applications.
- Ability to liaise with key stakeholders of all levels throughout the firm.
- Excel/MS Office Proficiency
- Demonstrated ability to maintain confidentiality while adhering to the highest ethical standards, both personally and professionally.
Location
- Mumbai, India
Hybrid Work Schedule
- 4/1 split (M-Th from office, F work from home)
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s 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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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 children’s 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. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Skills Required
- 3-6 years of relevant work experience
- Relevant deal execution experience
- Excellent written and oral communication skills
- Collaborative mindset and demonstrated problem-solving skills
- Strong technical skills and willingness to learn new software applications
- Ability to liaise with stakeholders at all levels
- Proficiency with Excel and Microsoft Office
- Ability to maintain confidentiality and adhere to high ethical standards
- Asset management industry experience
- Private ratings management experience
BlackRock Compensation & Benefits Highlights
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Healthcare Strength — Healthcare coverage is described as comprehensive, including medical, dental, and vision plans with HSA/FSA options and telemedicine. Mental-health resources such as counseling/EAP, wellness incentives, and Calm access are also featured.
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Retirement Support — Retirement programs include savings plans, employer-supported contributions described as competitive in summaries, and financial education resources. An Employee Stock Purchase Plan is also noted in certain locations.
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Parental & Family Support — Parental leave is gender-neutral with up to 16 weeks for primary caregivers and 4 weeks for non-primary caregivers. Additional supports include adoption assistance, fertility benefits in some locations, childcare/elder-care resources, and nursing-mother programs.
BlackRock Insights
What We Do
As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com
Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
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