Private Credit Reporter
New York, NY
Posted Feb 16, 2023 - Requisition No. 114188
Private Credit Reporter
The energy of a newsroom. The pace of a trading floor. At Bloomberg, we connect decision makers to a dynamic network of information, people and ideas. At the core of this network is our ability to deliver data, news and analytics through innovative technology – quickly and accurately. Around the clock, around the globe – we empower business leaders with breaking news, expert opinion and proprietary data distributed across platforms.
Bloomberg News is looking for a reporter in New York to help expand its coverage of the $1.3 trillion private credit market.
You will be responsible for breaking news on one of Wall Street's most opaque corners, delving into the deals, the firms and the people that are rewriting the rules of corporate debt financing.
Private credit's extraordinary growth is about to face its biggest test yet as aggressive rate hikes from the Federal Reserve to combat inflation risk toppling the economy into a recession, leaving highly levered companies particularly exposed. Bloomberg News wants to own the story of what comes next.
We're seeking a versatile reporter with a desire to bring more transparency to the industry by aggressively chasing deals and cultivating relationships with a close-knit group of financiers who can make or break multi-billion dollar acquisitions and offer a unique window into hundreds of privately-held companies across the globe.
The successful candidate will have experience covering M&A or capital markets, a solid track record of delivering scoops on their beat and a good understanding of corporate capital structures and deal financing. Candidates with a broad base of contacts across the financial services industry -- particularly in private credit and leveraged finance -- would be strongly preferred.
You’ll find opportunities to tell the market’s most important stories across Bloomberg’s growing number of platforms, including Bloomberg TV and Radio, Bloomberg’s Markets and Businessweek magazines as well as in podcasts, on QuickTake and in working with our data visualization team.
We'll trust you to:
- Support the team in breaking news on deals across the private credit industry while spotting new trends and connecting the dots to craft insightful, agenda-setting enterprise stories
- Utilize your contacts among bankers, private credit managers, consultants and investors to help Bloomberg chronicle the growth of private credit as an asset class and its impact across the financial services industry
- Collaborate with colleagues across teams, bureaus and countries to break news and deliver a global perspective to our readers
- Be innovative and think creatively about ways to make our content accessible to a broader audience of business-savvy readers
- Previous experience in financial journalism or private credit
- Ability to write quickly and clearly under deadline pressure
- Ability to spot trends, find holes in stories and work with reporters to deliver impactful news to our readers
You'll need to have:
Apply if you think we're a good match. We'll get in touch to let you know that the next steps are, but in the meantime feel free to have a look at: https://www.bloomberg.com/company/careers/working-here/news-and-research/?tactic-page=588594
Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity/parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation [Exempt roles only], paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.
Salary Range: 90,000 - 120,000 USD Annually + Benefits + Bonus