Associate, Strategic Financing, PFS - New York

About the Company

HPS 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 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 offers the flexibility to invest in companies large and small, through standard or customized solutions.

HPS was established in 2007 and became part of BlackRock on July 1, 2025, through the HPS/BlackRock Transaction. This integration brings together BlackRock’s corporate and asset owner relationships with HPS’s diversified origination and capital flexibility, creating an integrated franchise with approximately $370 billion in client assets, including $205 billion of private credit assets. The combined platform has more than 590 investment professionals and approximately 1,300 employees globally, offering broad capabilities across senior and junior credit solutions, asset-based finance, real estate, CLOs, and GP-LP solutions.

About the Team

The Strategic Fund Financing team focuses on sourcing and optimizing credit facilities across the PFS platform. These include asset-backed facilities secured by HPS fund investments, subscription facilities secured by capital commitments from HPS investors, as well as more bespoke financings.

Responsibilities

• Manage compliance with credit facility terms, including ongoing Borrowing Base compliance
• Coordinate with Legal and Business Development on new fund pipeline and investor requests
• Source term sheets for new opportunities
• Amend agreements or refinance where necessary to stay current on market terms
• Manage various existing asset warehousing arrangements
• Coordinate with operational teams with respect to mechanics of facility closings and daily monitoring
• Review and compare leverage across funds to ensure leverage targets are met
• Review fund investments for inclusion in asset facilities
• Manage loan approval process with lenders

Requirements

• Bachelor’s degree in Finance or related field
• 3-7 years of experience in the financial services industry
• Understanding of credit facilities and/or CLOs
• Understanding of bank loans
• Proficient in Excel and Outlook
• Highly organized with strong attention to detail
• Ability to meet strict deadlines and work both independently and as part of a team
• Desire for a fast-paced environment

Pay

For New York, NY, the salary range for this position is USD $105,000.00 - USD $135,000.00. Additionally, employees are eligible for an annual discretionary bonus.

Benefits

• Comprehensive healthcare
• Leave benefits
• Retirement benefits, including a strong retirement plan
• Tuition reimbursement
• Support for working parents
• Flexible Time Off (FTO)

Schedule

BlackRock’s hybrid work model requires employees 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.