Blackrock

Associate, Global Alternatives Transaction - Delaware

Wilmington, DE

Sponsorship not specifiedDetected 5 days ago

AccountingResearchLeadershipCommunicationCollaboration

About the role

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 day and recognized for your contributions.

support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
Help lead the settlement process for private assets, fund of funds, and loans (including funding and documentation matters), and support ongoing lifecycle activity to maintain BlackRock's investment book of record ("IBOR").
Interact with Portfolio Management, NAV Oversight, Client Servicing/Reporting, Legal, and Tax teams as needed to develop and enhance operating models for alternative asset strategies.
Support the onboarding of new alternative mandates, including informing and implementing processes for investment/trade lifecycle management, cash management, reporting, and reconciliation.
At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients.
To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

Demonstrate product and functional knowledge of the alternative investments industry to communicate effectively with the business and trading counterparties.
Ability to work independently and in a team environment, while actively seeking additional responsibilities.
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.

Bachelor's degree in finance, Accounting, or Information Systems preferred.
Familiarity with the investment management industry
experience with private and/or hedge funds and various types of investors is preferred.
Prior experience at an investment management company, fund administrator, or Big 4 firm preferred.

With over USD $13 trillion in assets, we have an extraordinary 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.

Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses.
It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

Develop an understanding of all applicable portfolios and deal-related documentation to ensure controls and adherence to guidelines. Identify risk areas and implement or improve risk-mitigating controls.
Collaborate closely with external Administrative Agents, third party fund managers, and external counsel regarding transaction and trading activity, including AML/KYC-related items.
Research and resolve discrepancies related to cash and position breaks.
Understand the maintenance and distribution of loan documentation, including private and public amendments, restructurings, and voting requirements for settled and trade-date positions.
Preferably 3+ years of experience in consulting, portfolio management, fund operations, fund accounting, fund audit, or related areas, with a strong focus on private funds and private markets investments or the leveraged loan market
Proven track record of leveraging technology and data-driven solutions to drive process improvements, with demonstrated experience applying AI and automation to enhance efficiency and scalability.
Familiarity with the investment management industry; experience with private and/or hedge funds and various types of investors is preferred.
Ability to perform effectively in a high-paced environment involving a large volume of high-risk transactions with a low tolerance for error.

BlackRock is proud to be an equal opportunity workplace.
If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com.

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This listing is sourced directly from Blackrock's careers page and normalized into a canonical job model.