Managing Director, Alternative Credit Tax

Blue Owl (NYSE: OWL) is a leading asset manager redefining alternatives, with over $315billion in assets under management as of March312026. We invest across three multi‑strategy platforms: Credit, Real Assets and GP Strategic Capital, providing businesses with private capital solutions and differentiated opportunities to investors. Role Overview We are seeking an accomplished Tax Managing Director to lead the tax function for our Alternative Credit business. The executive will drive tax planning, structuring, and reporting, ensuring 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), 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. Base annual salary range: $250,000–$300,000 (NewYork‑based position). 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 individual and team performance. BlueOwl 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. #J-18808-Ljbffr