Settlement - Delaware

BlackRock•Wilmington, DE

1d•$66,500 - $85,000•Hybrid

About The Position

About this role GAAPS Alternatives | Analyst/Associate Loan Services | Wilmington About BlackRock Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $10 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Team Overview This team is part of the Global Alternative Transaction Services team within Business Operations. The core focus of the team is to support private investment trade execution, provide consistent data capture related to our alternatives platform, and disseminate the data to various stakeholders. We offer clients strategies designed to provide returns across various asset classes including private credit/direct lending, middle market loans and private debt markets. Our alternative investment capabilities are fully integrated into BlackRock, allowing investment teams to capitalize on the firm’s considerable resources in areas such as risk management, product development, client service and operational support.

Requirements

1-5 years’ experience in the fields of operations, accounting and/or administration with a particular focus on alternative investment funds
A proficiency in Excel
Excellent written and oral communication skills
Experience multi-tasking in a fast-paced environment
Highly organized and able to adapt to variable deadlines
Strong analytical and problem-solving abilities
Outstanding work ethic required along with demonstrated success in high performance or high demand environments
Above all, the candidate must possess initiative and a willingness to contribute beyond the scope of one's role to achieve team and firm objectives

Nice To Haves

A bachelor’s degree in Accounting or Finance is preferred but not required

Responsibilities

Provide trade support and execution functions for private investment funds, including monitoring internal and external teams to ensure accurate and timely execution
Foster a relationship with back-office support professionals at private fund managers/private companies as well as their administrators and agents, including frequent communications regarding trading and amortization activity
Liaise with external service providers, internal team members and other BlackRock groups to resolve operational issues, as identified
Work with Business teams to facilitate investment funding processes
Interact with Portfolio Management, NAV Oversight, and Client Servicing / Reporting teams as needed to address investor queries and investment-level funding issues
Support the onboarding of new alternative investor mandates, investments, and vehicles, including informing & implementing processes for investment/trade lifecycle management, cash management, reporting, and reconciliation
Find opportunities for technological innovation and enhancements to processes
Identify risk areas and implement/improve risk-mitigating controls Assist with preparation and review of reporting deliverables and ensure deadlines are met
Ensure the team’s process documentation and controls are updated and reviewed regularly

Benefits

employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits
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

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