Associate, Trade ClearanceSettlement Delaware Job at BlackRock, Wilmington, NC

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  • BlackRock
  • Wilmington, NC

Job Description

About this role

About BlackRock

Elevate your career by joining the worlds 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 $10 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

This team is part of the Global Alternatives Fund Controllers team within Business Operations. The core focus of the team is to support private investment trade execution provide consistent data capture related to our alternatives platform and disseminate the data to various stakeholders. We offer clients strategies designed to provide returns across various asset classes including private credit/direct lending middle market loans and private debt markets. 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 Responsibility

  • 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

  • 3-8 years experience in the fields of operations accounting and/or administration with a particular focus on alternative investment funds;

  • A bachelors degree in Accounting or Finance is preferred but not required;

  • A proficiency in Excel.

  • Excellent written and oral communication skills;

  • Experience multi-tasking in a fast-paced environment;

  • Highly organized and able to adapt to variable deadlines;

  • Strong analytical and problem-solving abilities; and

  • Outstanding work ethic required along with demonstrated success in high performance or high demand environments.

  • Above all the candidate must possess initiative and a willingness to contribute beyond the scope of ones role to achieve team and firm objectives.

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 the and the

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

Job Tags

Full time, Apprenticeship, Work at office, Local area, Work from home, Flexible hours, 1 day per week

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