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.
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
Qualifications
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
It is expected that the base annual salary for this New York-based position will be $175,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
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.