Alternative Credit Asset Manager, Principal

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With $273 billion in assets under management as of March 31, 2025, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Assets. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 1,200 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit

The Role:

Blue Owl is seeking to add a Principal level Asset Manager to the Blue Owl Alternative Credit team with a focus on managing a team focused credit monitoring and fundamental financial analysis. The Asset Manager will oversee and manage a small, dynamic, team of credit analyst and portfolio reporting personnel with responsibility for supporting senior Asset Managers on surveillance of existing positions. The position is primarily located in Dallas.

Responsibilities:

Manage team of seven credit analysts (analyst and associate level) in day-to-day monitoring and surveillance of financial asset. equipment leasing and corporate credit investments

Assist senior members of Asset Management team with leadership, guidance, and mentorship of junior talent

Develop policies and procedures to ensure accurate covenant monitoring and compliance tracking

Oversee credit analyst team completion of credit-related tasks such as:

Review of financial analyses, borrowing base reviews, and draw request approvals

Prepare borrowing bases, compliance reports and MSR for leverage facilities.

Monitor compliance report of Interval Fund

Participation in borrower update calls

Production of quarterly cash flow models for individual transactions

Ensuring timely receipt of reporting from borrowers and management teams

Providing support during negotiations with borrowers for modifications and other requests from management team

Assisting with documentation of amendments, leverage facilities and other legal matters

Oversee third parties (backup servicers, field examines, custodians) etc.

Participate in monthly Asset Management meetings with senior Blue Owl management

Qualifications:

Experience with Asset Based Lending (minimum requirement) or Asset Based Securities – asset class including consumer, commercial and equipment leasing

Advanced skillset in fundamental financial analysis and preparation of financial spreads

Experience reading and understanding legal documentation (negotiating and executing leverage facilities a plus)

High levels of ownership and drive, able to work independently

High integrity with sound judgment

Self-aware with desire to grow; seeks and responds to constructive feedback

10+ years of experience at a commercial bank or an investment firm with credit monitoring experience

Blue Owl is proud to be an Equal Opportunity 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.

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