Associate, Investment Operations Associate

BlackRock•Sausalito, CA

1d•$105,000 - $137,500•Hybrid

About The Position

BlackRock SMA Solutions empowers clients to customize portfolios for tax efficiency, values alignment, and unique investment exposures across direct indexing, fixed income, active equity, and multi-asset strategies. We serve a diverse client base from wealth advisors and family offices to endowments and foundations. As we continue expanding globally, we're seeking an Investment Operations Associate who can support middle office functions for our tax managed strategies.

Requirements

Bachelor’s degree required. Preferably in business, math, finance or related fields.
2-5 years of experience in operations at an investment management firm.
Background in portfolio accounting and middle office functions is a must.
Experience in working with long short strategies is preferred.
Track record of working in teams to support operational processes.
Proven ability to build strong relationships with senior management, key clients, and internal/external stakeholders (e.g. Portfolio Managers, Custodians, Brokers).
Exceptional attention to detail and problem solving abilities.
Strong proficiency in Microsoft Excel (VLOOKUP, pivot table, formula driven data scrubbing, VBA) is a plus.
Ability to operate/prioritize effectively and adhere to tight deadlines.
Demonstrated ability to be flexible and adapt to changing circumstances.

Nice To Haves

Experience in working with long short strategies is preferred.
Strong proficiency in Microsoft Excel (VLOOKUP, pivot table, formula driven data scrubbing, VBA) is a plus.

Responsibilities

Perform daily cash and position reconciliation of several thousand separately managed accounts.
Collaborate with custodians, brokers, and internal partners to resolve issues related to daily processes, daily data delivery, trade settlement, and security setup.
Work on projects to streamline operations, automate processes, and reduce errors.
Monitor the posting of corporate actions and trades in our internal portfolio accounting system.
Respond to various internal and external client inquiries and requests.
Set up new custodians, platforms, and interfaces.
Ensure continuous process optimization and improvements are in place for a best controlled, risk handled, and scalable operations service team.
Other duties as assigned.