Alternative Credit Asset Management Associate

Blue Owl Capital Inc.; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Blue Owl Capital Inc. in Dallas is seeking an Associate for Alternative Credit to help monitor and optimize portfolio investments. You will engage with investment teams, borrowers, and partners to protect capital and drive performance across the platform.

The role involves post-close surveillance, restructurings, and workouts, with a focus on credit monitoring and detailed financial analysis. A strong foundation in credit and analytical skills is essential for success in this fast-paced

Qualifications

• Bachelor’s degree with 3+ years of experience at a specialty lender, commercial bank, or investment firm, focusing on credit monitoring, asset management, and/or workout situations.
• Strong foundation in fundamental credit analysis, including financial statement analysis and preparation of detailed financial spreads.
• Experience reviewing and interpreting legal documentation, including credit agreements and transaction structures.
• Demonstrated ability to take ownership of workstreams, operate independently, and manage competing priorities effectively.
• High level of integrity, professionalism, and sound judgment in evaluating risk and making decisions.
• Self-aware with a strong desire to learn and grow; actively seeks and incorporates constructive feedback.
• Strong attention to detail with the ability to identify trends, risks, and key drivers of performance.
• Collaborative team player with strong communication skills and the ability to engage effectively across stakeholders.

Responsibilities

• Assist Asset Management team with monitoring, surveillance, and management of existing portfolio positions.
• Review portfolio performance against covenants and analyze trends within transactions.
• Perform borrowing base reviews, collateral verifications, and liquidity assessments.
• Design and maintain reporting templates for borrowing bases, servicer reports, and related deliverables.
• Participate in borrower update calls and support negotiations for modifications.
• Produce quarterly cash flow models for transactions and ensure timely reporting.
• Assist with amendments and other legal matters and participate in field exam related activities.

Skills

Credit analysis

Financial analysis

Independent worker

Communication skills

Loan structuring

Education

Bachelor degree

Tools

Excel

Job description

Blue Owl Capital Inc. in Dallas is seeking an Associate for Alternative Credit to help monitor and optimize portfolio investments. You will engage with investment teams, borrowers, and partners to protect capital and drive performance across the platform.

The role involves post-close surveillance, restructurings, and workouts, with a focus on credit monitoring and detailed financial analysis. A strong foundation in credit and analytical skills is essential for success in this fast-paced