2027 MBA Summer Associate - Credit Platform, Workouts

Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives®.

With over $319 billion in assets under management as of June 30, 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 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit  www.blueowl.com

Responsibilities

• Assist with managing a portfolio of underperforming investments and owned portfolio companies
• Assist with re-underwriting actionable credits with focus on liquidity, drivers of underperformance, corrective measures, and prospects for recovery
• Prepare analysis and modeling of various restructuring alternatives
• Assist with the development and implementation of strategies to maximize recoveries on stressed investments, including performance improvement efforts for owned portfolio companies
• Participate in the negotiation with various constituencies including financial sponsors, management, bank group members and other lenders in the capital structure
• Assist with the preparation of restructuring/amendment/waiver requests along with other written updates on portfolio accounts
• Participate in deal team discussions and presentations with investment committee
• Support senior team members in other capacities as needed
• Drive operational efficiency and process optimization through effective use of AI-enabled tools and automation
• Leverage AI as a tool to drive efficiency

Qualifications

• 1st year MBA student
• Bachelor’s degree, preferably in Finance, Accounting or related financial discipline with an outstanding record of academic achievement
• Prior experience in Credit Restructuring, Legal, Leveraged Credit or Investment Banking preferred
• Exceptional verbal and written communication
• Strong organizational skills and attention to detail
• Ability to self-direct, analyze, evaluate, and form independent judgments
• Team player with enthusiasm and intellectual curiosity to learn more
• Strong accounting, corporate finance knowledge, and financial modeling aptitude

Benefits

• Gain practical experience in Alternative Asset Management space
• Opportunity to work on meaningful projects and make a real impact
• Mentorship and guidance from experienced veteran professionals
• Networking opportunities within Blue Owl
• Opportunity to receive a full time offer upon successful completion of the internship

Application process

The deadline to submit your application is November 2, 2026, but early submission is highly recommended.

Interviews will begin in January 2027, with offers extended by mid-January.

Your application will be evaluated against or based on current departmental needs.

This role pays $2,884 weekly during the period of employment, June 1, 2026 – July 31, 2027.

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.