Associate, Trade Clearance/Settlement - Delaware

BlackRock • Wilmington, DE

82d • $85,000 - $117,500 • Hybrid

About The Position

Join BlackRock, the world's largest asset manager, as an Associate in Trade Clearance/Settlement. This role is part of the Global Alternative Transaction Services team within Business Operations, focusing on supporting private investment trade execution and ensuring accurate data capture related to our alternatives platform. The team offers clients strategies designed to provide returns across various asset classes, including private credit/direct lending, middle market loans, and private debt markets. As part of BlackRock, you will be empowered to contribute to our mission of helping investors improve their financial well-being.

Requirements

• 1-5 years' experience in operations, accounting, or administration with a focus on alternative investment funds.
• A bachelor's degree in Accounting or Finance is preferred but not required.
• Proficiency in Excel.
• Excellent written and oral communication skills.
• Ability to multi-task in a fast-paced environment.
• Highly organized and adaptable to variable deadlines.
• Strong analytical and problem-solving abilities.
• Outstanding work ethic and initiative.

Responsibilities

• Provide trade support and execution functions for private investment funds, ensuring accurate and timely execution.
• Foster relationships with back-office support professionals at private fund managers and their administrators.
• Liaise with external service providers and internal teams to resolve operational issues.
• Work with Business teams to facilitate investment funding processes.
• Interact with Portfolio Management, NAV Oversight, and Client Servicing/Reporting teams to address investor queries.
• Support the onboarding of new alternative investor mandates and investments.
• Identify opportunities for technological innovation and process enhancements.
• Assist with preparation and review of reporting deliverables.
• Ensure process documentation and controls are updated and reviewed regularly.

Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)
• Annual discretionary bonus

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree