Vice President, APAC Real Estate Debt at BlackRock

Sydney, New South Wales, Australia -

Full Time

Start Date

Immediate

Expiry Date

07 Oct, 26

Salary

0.0

Posted On

09 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Real Estate Debt, Investment Management, Capital Structuring, Subscription Line Financing, Financial Modelling, FX Hedging, Interest Rate Hedging, Portfolio Management, Treasury Management, Stakeholder Management, Quantitative Analysis, Strategic Thinking, Excel, PowerPoint, Word, Communication

Industry

Financial Services

Description

About this role About BlackRock APAC Real Estate: BlackRock APAC Real Estate is one of the investment businesses within BlackRock Private Markets. The team manages equity real estate investments in Asia-Pacific on behalf of institutional clients, primarily in comingled closed-end value funds through the Asia Property Fund series. Our extensive experience encompasses all major property types, including office, industrial, retail, residential, and hospitality. The APAC Real Estate team consists of 29 investment professionals located in five offices across the region providing a uniquely local real estate team, within a global asset manager. The fund CEO/CIO is based in Sydney, Australia, and the portfolio management team sits in Hong Kong. It is supported by numerous dedicated business partners including Legal, Compliance, Tax, Finance, Operations, ESG and Investor Relations as well as Real Estate Product Strategy and Research. The team has been investing in APAC real estate since 1999 and has undertaken more than 60 investments in the region. The team has been managing its sixth value-add flagship fund, a closed-ended direct equity investment fund, targeting investments in the primary countries of Japan, Australia, Singapore, and New Zealand. Role Description The role will require strong technical fundamentals of real estate debt and investment management with an eagerness to develop these further over time and engagement with a variety of stakeholders both internal and external. The successful candidate will be a collaborative team player who is eager to contribute proactively to a growing and dynamic platform with a strong track record of success. The candidate should also have demonstrated experience in real estate financing and capital structuring across key APAC markets, including Australia, Japan, Singapore, and New Zealand. Experience with fund subscription line financing would be highly advantageous. Key Responsibilities: Financing Lead the arrangement and negotiation of borrowings from lenders for all regional real estate acquisitions and refinancings. Support the asset management team in monitoring loan performance, including interest settlements, covenant compliance, waiver requests and amendments to loan terms or operational structures. Coordinate with internal and external stakeholders (lenders, legal, asset management teams) to ensure timely loan closings, drawdowns, extensions or refinancings. Build and maintain relationships with key regional lenders Subscription Line Management Establish, negotiate and maintain fund‑level subscription credit facilities. Lead response to lender queries, deliver compliance certificates and investor information as and when required. Manage facility utilisation, drawdown requests and repayment schedules to optimise fund liquidity and cost efficiency. Fundraising Support Assist fundraising efforts by preparing responses to lender sourcing questions and treasury‑related DDQ sections. Provide prospective investors with clear explanations of financing strategy, hedging approach, subline usage and liquidity management. Portfolio Monitoring & Market Response Track macroeconomic conditions, interest rate environments and bank lending markets across APAC and communicate to senior regional leadership. Formulate strategy in response to market conditions, refinancing opportunities, lender appetite and pricing dynamics and advise courses of action to senior regional leadership. Provide internal market insights to support the Portfolio Manager in formulation of the Funds’ investment strategy Hedging (FX & Interest Rate) Formulate hedging strategies for FX and interest rate exposures at both Fund and asset levels. Execute hedge transactions, to include swaps, forwards and options, in accordance with fund risk policies. Monitor hedging effectiveness, valuation, margin calls and counterparty exposures, and prepare periodic hedging performance and risk reports. Manage the lifecycle of hedging instruments, including resets, rollovers and unwind decisions. Support the onboarding of new hedge counterparties under ISDA documentation and maintain ongoing counterparty relationships. Reporting Support Fund reporting by preparing and validating all treasury‑related data, including debt schedules, hedging summaries and liquidity analysis. Respond promptly to internal and external requests, including investor reporting, fund audit queries and DDQs. Ensure accuracy and completeness of treasury inputs to quarterly and annual fund reports. Skills /Experience 6–10 years of direct real estate investment management experience with a leading private equity real estate fund manager or a similar institution. Demonstrated experience in real estate financing and capital structuring across key APAC markets, including Australia, Japan, Singapore, and New Zealand. Experience with fund subscription line financing is highly desirable. Exposure to value-add real estate investment strategies, with a strong understanding of portfolio management, financing, and investment management disciplines. Proven track record in private equity value-add real estate investing is strongly preferred. Strong financial and commercial acumen backed by robust modelling skills Excellent interpersonal and people management skills, with the ability to work effectively in a collaborative team environment. Proficiency in Excel, PowerPoint, and Word, with strong quantitative, strategic thinking, and decision-making capabilities. Strong written and verbal communication; detail oriented. Ability to operate effectively in a dynamic, high-pressure environment, make sound commercial decisions, and successfully lead projects, investments, or cross-functional teams. Our benefits To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents 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. Guidance on AI use for candidates At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self. 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. To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok. BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law. BlackRock's purpose is to help more and more people experience financial well-being. As a global investment manager and a leading provider of financial technology, our clients—from grandparents, doctors, and teachers to large institutions—turn to us for the solutions they need when planning for their most important goals. People join our firm from around the world to gain real-world experience while making an impact. Discover how you can have a career at BlackRock that's exciting, rewarding and full of possibilities.

Responsibilities

Lead the arrangement and negotiation of borrowings for APAC real estate acquisitions and manage fund-level subscription credit facilities. Formulate and execute FX and interest rate hedging strategies while providing treasury-related reporting and market insights to senior leadership.