Vice President, Distressed Credit Transactions Group Attorney at BlackRock

New York, New York, United States

BlackRock Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Asset Management, Investment Management, Financial ServicesIndustries

Requirements

  • J.D. with superior academic credentials (inferred from incomplete description)

Responsibilities

  • Act as transaction counsel on all US distressed investments, manage transaction execution, review and negotiate full range of investment and restructuring documentation
  • Act as transactions legal representative on various internal meetings (including pipelines, investment and other cross-platform committees)
  • Review, draft, and negotiate special situations investment documentation including loan and security documentation (including intercreditor documentation), bond documentation, private placement agreements, asset and stock purchase agreements, exchange documentation, restructuring support agreements, shareholders’ agreements, subscription agreements, non-disclosure agreements, letters of intent, term sheets and other similar transactional documentation
  • Manage outside counsel review of all investment documentation and oversee outside counsel with respect to investments generally
  • Coordinate and work with business teams, fund lawyers, litigation, compliance, tax, risk, financial crime and operations teams regarding various credit and special situations transactions
  • Provide advice and support to internal stakeholders to develop, establish and improve internal processes relating to distressed/special situations investments
  • Coordinate with compliance teams with respect to information barriers, restricted list reviews, inside information, thresholds, and other regulatory coverage areas
  • Analyze and manage a variety of regulatory issues affecting the BlackRock product platform, including Investment Company Act of 1940, Securities and Exchange Act of 1934, LIBOR/SOFR, etc
  • Take initiative to identify and analyze problems, generate alternative solutions, and make decisions with little direction/supervision

Skills

Distressed Credit
Restructuring
Transactional Law
Liability Management
Special Situations
Debt Transactions
Equity Transactions
Wall Crossings
Regulatory Advice
Financings

BlackRock

About BlackRock

New York City, New YorkHeadquarters
1988Year Founded
$78,647.7MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries

Benefits

Health Insurance
Unlimited Paid Time Off
Mental Health Support
Wellness Program
401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.
Workforce reduction may indicate internal financial pressures or strategic shifts.
Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.
The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.
BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.
The Ethereum platform positions BlackRock as a leader in blockchain financial services.
Partnership with Frax Finance enhances digital finance offerings and compliance.

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