Associate, Private Markets Operations Middle Office

BlackRock


Job Location:

Wilmington, DE - USA

Monthly Salary: $ 85000 - 117500
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

About this role

Team Overview

This team is part of the Global Portfolio Service team within Business Operations. The core focus of the team is to: support private asset settlements and lifecycle activity manage BlackRocks investment book of record (IBOR) related to our alternatives platform and make this data available to downstreamstakeholders.

Our alternative investment capabilities are fully integrated into BlackRock allowing investment teams to capitalize on the firms considerable resources in areas such as risk management product development client service and operational support.

Role 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 teams process documentation and controls are updated and reviewed regularly

Experience:

  • At least 3 years of experience in consulting portfolio managementfundoperations fund accountingfund auditor related areas with a strong focus on private funds and private markets investments

  • Proventrack recordof leveraging technology and data-driven solutions to drive process improvements withdemonstratedexperience applying AI and automation to enhance efficiency and scalability

  • Bachelors degree in Finance Accounting or Information Systems preferred

  • Familiarity with the investment management industry; experience with private and/or hedge funds andvarious typesof investors is preferred

  • Excellent communication and client service skills

  • Ability to perform effectively in a high-paced environment involving a large volume of high-risk transactions with a low tolerance for error

  • Ability to work independently and in a team environment while actively seekingadditionalresponsibilities

  • Outstanding academic achievement broad-based work experience anddemonstratedleadership experience

  • Prior experience at an investment management company fund administrator or Big 4 firm preferred

  • Above all theinitiative and willingness to contribute beyond the scope of ones role to achieve team and firmobjectives

For Wilmington DE Only the salary range for this position is USD$85000.00 - USD$117500.00 . Additionally employees are eligible for an annual discretionary bonus and benefits including healthcare leave benefits and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role location and firm department and individual performance.

Our benefits

To help you stay energized engaged and inspired we offer a wide range of benefits including a 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.

Our hybrid work model

BlackRocks hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person aligned with our commitment to performance and innovation. As a new joiner you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock we are all connected by one mission: to help more and more people experience financial well-being. Our clients and the people they serve are saving for retirement paying for their childrens educations buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment the one we make in our employees. Its why were dedicated to creating an environment where our colleagues feel welcomed valued and supported with networks benefits and development opportunities to help them thrive.

For additional information on BlackRock please visit @blackrock Twitter: @blackrock LinkedIn: is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race creed color national origin sex (including pregnancy and gender identity/expression) sexual orientation age ancestry physical or mental disability marital status political affiliation religion citizenship status genetic information veteran status or any other basis protected under applicable federal state or local law.View theEEOCs Know Your Rights poster and its supplementand thepay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process please email . All requests are treated in line with our.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law including any applicable fair chance law.

Required Experience:

IC

About this roleTeam OverviewThis team is part of the Global Portfolio Service team within Business Operations. The core focus of the team is to: support private asset settlements and lifecycle activity manage BlackRocks investment book of record (IBOR) related to our alternatives platform and make ...

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