Job Information
BlackRock Transactions EMEA Credit Attorney in Frankfurt, Germany
About this role
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
BlackRock’s Legal and Compliance team works with business teams to develop investment management products and business solutions that comply with the numerous legal and regulatory requirements to which BlackRock is subject and to deploy capital managed on behalf of clients. Legal and Compliance is responsible for, among other things, overseeing regulatory matters; coordinating litigation and legal proceedings; negotiating and structuring contracts and other complex transactions; providing ongoing legal advice across investment platforms regarding new and existing products, strategies and investments; establishing legal and compliance policies and procedures that meet applicable regulatory requirements and testing the operative effectiveness of those policies and procedures and conducting training.
L&C Credit Transactions Group Lawyer – Frankfurt or Munich
We are searching for an experienced credit transactional lawyer to be based in either Frankfurt or Munich, that will provide legal coverage of transactions and investments across the BlackRock credit investment platform, including loan origination and special situations. This role will have a key responsibility for supporting activities relating to the private credit platform including primarily (i) direct lending/private credit loan origination transactions, public debt transactions, and any restructurings relating thereto , (ii) special situations alternatives transactions for the global credit opportunities strategy and (iii) venture debt financings, in each case with a particular focus on transactions governed by German law and involving German borrowers. The ideal candidate must have the ability to coordinate complex projects and transactions involving different business groups and multiple products.
Primary Responsibilities
Act as in-house transaction counsel on EMEA originated fixed income and credit private investments, manage transaction execution, review and negotiate full range of investment documentation.
Assist on non-EMEA originated fixed income and credit investments with an EMEA nexus in conjunction with our Global transactions legal counterparts.
Act as on EMEA restructuring and workout transactions (coordinating with our global workout counsel). manage transaction execution, review and negotiate full range of related investment documentation.
Act as transactions legal representative on various internal meetings (including pipelines, investment and other cross-platform committees).
Review and negotiate credit, special situations and venture debt investment documentation including loan and security documentation (including intercreditor documentation), bond documentation, restructuring support agreements, schemes of arrangement documentation, private placement agreements, asset and stock purchase agreements, warrant agreements, shareholders’ agreements, subscription agreements, non-disclosure agreements, letters of intent, term sheets, commitment letters, transfer agreements, pricing letters, 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, venture debt and special situations transactions.
Provide advice and support to internal stakeholders to develop, establish and improve internal processes and cross-platform initiatives relating to investments.
Coordinate with compliance teams with respect to information barriers, restricted list reviews, inside information, thresholds, cross-trades, conflicts and other regulatory coverage areas.
Basic knowledge and understanding of the banking monopoly regimes across key European jurisdictions.
Analyze and manage a variety of regulatory issues affecting the BlackRock product platform, including UCITS, Investment Company Act of 1940, MIFID, AIFMD, etc.
Take initiative to identify and analyze problems, generate alternative solutions, and make decisions with little direction/supervision.
Requirements
Professional background will include previous post-admission experience of 4-8 years, with the majority spent at a leading international law firm or in-house.
Significant experience in lending and finance transactions, including restructuring and distressed matters (both in and out of court).
Strong academic background.
Strong technical legal and commercial skills.
Experience advising fund managers and non-bank institutions as lenders or investors is a plus.
Ability to oversee and effectively manage outside counsel and internal stakeholders.
Strong organizational skills and ability to work with others and manage multiple time sensitive matters in a demanding, fast-paced and fluid environment.
Motivated team player with ability to work independently and potential to lead as necessary.
Ability to take initiative to anticipate, identify and analyze issues, generate potential solutions and make decisions with little direction/supervision.
Exceptional interpersonal, analytical, written and oral communication skills - must be able to resolve complex issues in a practical manner on a compressed timeline and to communicate complex concepts in an understandable way.
Excellent written and verbal communication skills – presents ideas in a clear, concise and constructive manner.
Must be fluent in English and German. Other European languages are an advantage.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.