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Alternative Credit, Residential Credit - Vice President

External
Blue Owl logoBlue Owl · New York City, NY
Full-timeOn-siteToday
DocumentationFinancial ModelingLeadershipPythonSASVBA
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About the role

Our Alternative Credit team is seeking a Vice President to focus on Residential Credit within the broader Asset Based Finance strategy. This individual will play a key role across the full investment lifecycle, including sourcing, underwriting, execution, and portfolio management of residential credit investments. The Vice President will lead transaction execution, manage junior team members, and partner closely with senior leadership to evaluate opportunities and drive investment decisions. The role requires strong analytical judgment, deep sector expertise, and the ability to independently assess complex transactions.

Responsibilities

  • Underwrite new investment opportunities, coordinate deal execution, and support asset management of existing transactions
  • Manage a deal team of 1-2 junior investment professionals to complete investment due diligence, create investment committee deliverables (including memos, models, and supplemental analysis), and oversee transaction closing process
  • Support legal documentation and closing processes
  • Develop and communicate views on prospective investments, as well as how macro trends will impact new opportunities and the existing portfolio
  • Assist in managing existing investments, along with related post-closing tasks (e.g., incremental financings, amendments, etc.)
  • Communicate and collaborate with various constituencies including internal deal sponsors, counterparties, financing counterparties, and outside counsel

Requirements

  • Bachelor's degree with an outstanding record of academic excellence in a quantitative, finance, economics, engineering, or a related field; advanced degree or CFA is a plus
  • 6-8 years of relevant experience primarily in structured finance with significant residential mortgage and housing-related experience
  • Ideal candidate has 3+ years of buy-side investing experience with significant experience (i.e., multiple years across numerous transactions) in private markets; experience investing in or trading public securities is a plus
  • Significant experience evaluating, underwriting, and monitoring transactions within the residential credit and housing sector. Experience investing in other consumer debt or commercial mortgages is a plus
  • Ability to self-direct, analyze, evaluate, form independent judgments, and screen new opportunities
  • Strong verbal and written communication skills with great attention to detail
  • Strong understanding of and experience with loan purchase agreements, credit agreements, and related documentation
  • Excellent team player with strong intellectual curiosity
  • Strong quantitative and financial modeling (assets and liabilities) skills. Proficiency or fluency in a coding language (Python, SAS, R, VBA) is a plus
  • Proficiency in INTEXcalc; proficiency in INTEX DealMaker is a plus
  • 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.

Benefits

Vision insurancePerformance bonus

Additional Information

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®. With over $315 billion in assets under management as of March 31, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. 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 1,390 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com This role is in office Monday to Thursday.


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