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Blue Owl Capital

Managing Director, Alternative Credit Tax

New York City, NYPosted 1 weeks ago
FULL_TIMEonsite

Job Description

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

Role Overview:

We are seeking an accomplished Tax Managing Director to lead the tax function for our Alternative Credit business. This executive will play a critical role in leading tax planning, structuring, and reporting across our Alternative Credit business, which is a subsector of Blue Owl’s Credit platform focused on asset-based finance. The ideal candidate is a self-starter who will combine deep technical expertise with strong leadership, communication and analytical skills to ensure tax efficiency, compliance, and strategic alignment with business objectives.

Responsibilities

  • Manage the day-to-day tax function for the Blue Owl Alternative Credit business and build tax operations for growth and continued scale

  • Partner and consult with the investment team on commercial solutions with respect to tax implications of acquisitions, dispositions, restructurings, and capital markets transactions

  • Partner with accounting, finance, fundraising and legal teams to align tax planning and operations with business goals

  • Develop and implement tax strategies that optimize firm-wide investment structures

  • Manage new product structuring and fundraising support, including modeling, fund/investment structuring, investor calls and information for investor reporting

  • Oversee the outsourced US and international tax compliance (partnerships, REITs, RICs and corporate entities), including managing quarterly and annual REIT/RIC tests, partnership allocations and carry, required tax distributions and tracking partnership/partner tax basis and capital accounts

  • Manage relationships and operational processes with tax advisors, external auditors, and regulatory authorities

  • Lead and develop a high-performing team, fostering professional growth and technical excellence

Qualifications

  • CPA Preferred

  • Advanced degree in Taxation, Accounting, or related field

  • Minimum 17+ years of progressive tax experience, including leadership roles in asset management, private equity, or credit sectors

  • Proven track record advising on credit structures, compliance, and tax planning

  • Demonstrated ability to lead teams, build operational efficiencies, develop relationships, manage complex projects, and influence decision making stakeholders

  • Strong knowledge of partnership, corporate and international tax

  • Exceptional ability to convey complex tax concepts to non-tax professionals

It is expected that the base annual salary range for this New York-based position will be $250,000 - $300,000. 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. 

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Managing Director, Alternative Credit Tax at Blue Owl Capital | Renata