Private Valuations Associate - Asset Management

About this role

HPS Investment Partners, a part of BlackRock is currently seeking an Associate to join the Asset Management team in Mumbai to support our growing Private Credit business. The individual should be able to think critically about investments and their valuations.  He or she should have the ability to execute processes on strict deadlines and contribute proactively within a dynamic, fast-growing organization.

Responsibilities:

• Onboard newly originated investments, working closely with the underwriting teams.
• Perform monthly valuations of all illiquid securities and occasionally present analysis to the valuation committee.
• Perform internal independent valuation analyses; incorporate and understand financial statements, transaction structures, market data, and any relevant investment considerations.
• Create and maintain financial models that track issuer performance.
• Contribute to the preparation of quarterly portfolio review materials, and at times, present to portfolio managers.
• Liaison with various internal groups, such as investment teams, investor relations, business development, technology, portfolio analytics, as well as external parties such as third-party valuation providers and auditors.

Qualifications:

• Bachelor’s degree in Finance, Economics, Accounting or related field
• 3-6 years of experience within financial consulting, investment banking, asset management, top tier public accounting firm, third party valuation provider, or credit rating agency.
• Knowledge of debt instruments.
• Experience with debt or equity valuation, 3 statement modeling, and financial analysis.
• Strong Excel skills
• Knowledge of Capital IQ or FactSet a plus.
• Strong written and verbal communication skills.
• Ability to thrive in a collaborative, fast-paced, demanding environment.
• Demonstrated interest in investing and/or company fundamental analysis.

Hybrid Work Schedule

• 4/1 split (M-Th in office, Friday optional work from home)
• Work time - 10 am-7 pm IST or 11 am to 8 pm IST

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.