Analyst, Investor Servicing & Onboarding

BlackRock • Princeton, NJ

1d • $76,000 - $90,000 • Hybrid

About The Position

About this role GAAPS Alternatives | Analyst Client Services | Princeton 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 $6 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: The successful candidate will join the 28-person Alternatives Client Services team in providing timely and accurate information to our clients and prospects that is consistent with the established BlackRock brand and messaging, as well as Transfer Agency oversight on our third party providers. The Alternatives Client Services (ACS)team support all of BlackRock’s privately placed alternatives products, including hedge funds, fund of hedge funds, private credit, private equity, special opportunity and real asset funds. Responsibilities for this position will involve a heavy concentration in day-to-day communications, reporting and data entry focusing on BlackRock’s alternative product platform.

Requirements

• 1-3 years’ experience (desired but not required) working within a financial services or banking platform, with financial securities, private placements, and limited offerings a plus.
• Confirmed acumen for financial concepts, ability to speak thoughtfully and confidently while using applied financial reasoning.
• Highly attentive, ability to focus, excellent follow-through, flexibility and stellar grammar and English skills.
• Self-motivated, dedicated, able to change directions quickly, and capable of working well with strong personalities.
• Strong background in Word and Excel.
• Excellent communication skills, both orally and in writing
• Capacity to multi-task, balance multiple priorities and meet deadlines in a dynamic and changing environment
• Ability to support cross-functional projects and teams
• Business, Financial, and Legal competence
• Facility to grasp complex concepts and details quickly
• Proven ability to work independently and as part of a team
• Analytical problem-solving and troubleshooting skills
• Working knowledge of administrative fundamentals

Responsibilities

• Servicing as the liaison with clients and 3rd parties, fielding inquiries, researching requests, and coordinating appropriate responses
• Assisting and handling the document review process ensuring efficient processes are instituted and implemented while maintaining a consistent focus on the client experience. Eliminating rework loops and adhering to department standards.
• Coordinating and tracking document updates with BlackRock Legal and outside counsel
• Leading and maintaining electronic and hard copy filing systems
• Overseeing account level reporting and distributions to clients (i.e. monthly, quarterly, and annually)
• Coordinating cash flow management with clients and portfolio managers (e.g. contributions, redemptions, and product updates with clients / 3rd parties).
• Tracking and handling client cash flow activity within proprietary trading system
• Assisting the transfer agent with client on-boarding, account set up, and data management.
• Building client profiles and investor attribute universe
• Ensuring integrity of communications tools through data entry and maintenance.
• Deploying exception reporting within client data universe and performing regular analysis to ensure integrity/preservation.
• Transfer Agent oversight and quality control. Work with our 3rd parties to create transparency between BlackRock and vendors and ensure a positive client experience.
• Assisting team members as needed in successful completion of Alternative Client Support processes, deliverables and or improvements

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
• Flexible Time Off (FTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees