Capital Deployment and Liquidity Management Associate - Private Financing Solutions

About this role

HPS Investment Partners is a 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.