BlackRock Credit/Distressed Transactions Attorney in New York, New York
BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of March 31, 2018, the firm managed approximately $6.317 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com | Twitter: @blackrock at https://twitter.com/blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock .
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
BlackRock’s Legal and Compliance team works with business teams to develop investment management products and business solutions that comply with the numerous legal and regulatory requirements to which BlackRock is subject and to deploy capital managed on behalf of clients. Legal and Compliance is responsible for, among other things, overseeing regulatory matters; coordinating litigation and legal proceedings; negotiating and structuring contracts and other complex transactions; providing ongoing legal advice across investment platforms regarding new and existing products, strategies and investments; establishing legal and compliance policies and procedures that meet applicable regulatory requirements and testing the operative effectiveness of those policies and procedures and conducting training.
L&C Credit Transactions Group Attorney
We are searching for an experienced credit transactional attorney that will provide legal coverage of transactions and investments across the BlackRock credit investment platform, including loan origination and special situations. This role will have a key responsibility for supporting activities relating to the credit alternatives platform including (i) global credit investments such as direct lending/loan origination, private and public debt and equity transactions, restructurings, wall crossings, regulatory advice in relation to fund structures and implementation of internal policies etc. and (ii) special situations alternatives transactions. The ideal candidate must have the ability to coordinate complex projects and transactions involving different business groups and multiple products.
Act as transaction counsel on all US Credit investments, manage transaction execution, review and negotiate full range of investment documentation.
Review, draft and negotiate credit and special situations investment documentation including loan and security documentation (including intercreditor documentation), bond documentation, private placement agreements, asset and stock purchase agreements, shareholders’ agreements, subscription agreements, non-disclosure agreements, letters of intent, term sheets and other similar transactional documentation.
Manage outside counsel review of all investment documentation and oversee outside counsel with respect to investments generally.
Coordinate and work with business teams, product attorneys, compliance, tax, and operations teams regarding various credit and special situations transactions.
Provide advice and support to internal stakeholders to develop, establish and improve internal processes relating to investments.
Coordinate with compliance teams with respect to information barriers, restricted list reviews, inside information, thresholds and other regulatory coverage areas.
Analyze and manage a variety of regulatory issues affecting the BlackRock investment platform, including the Bank Holding Company Act, Investment Advisers Act of 1940, Investment Company Act of 1940, Securities and Exchange Act of 1934, Dodd Frank Act, etc.
Take initiative to identify and analyze problems, generate alternative solutions and make decisions with little direction/supervision.
A J.D. with superior academic credentials from a nationally-recognized law school and four to six years' experience as a lawyer in a major law firm or the legal department of an asset manager, investment bank or other leading organization.
Significant experience in lending and finance transactions (including restructuring and distressed matters).
Strong technical legal and commercial skills.
Experience advising fund managers and non-bank institutions as lenders or investors is a plus.
Ability to oversee and effectively manage outside counsel and internal stakeholders.
Strong organizational skills and ability to work with others and manage multiple time sensitive matters in a demanding, fast-paced and fluid environment.
Motivated team player with ability to work independently and potential to lead as necessary.
Ability to take initiative to anticipate, identify and analyze issues, generate potential solutions and make decisions with little direction/supervision.
Exceptional interpersonal, analytical, written and oral communication skills - must be able to resolve complex issues in a practical manner on a compressed timeline and to communicate complex concepts in an understandable way.
Excellent written and verbal communication skills – presents ideas in a clear, concise and constructive manner.
BlackRock is proud to be an Equal Opportunity and Affirmative Action 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.
BlackRock will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the law, including any applicable fair chance law.