GAAPS Alternatives | Associate Investment Services | Delaware

About this role

About BlackRock

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 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 $11 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.

GAAPS Alternatives | Associate Investment Services | Delaware

Role Responsibility

• Demonstrate product and functional knowledge of the loan and fixed income markets to communicate with the business and trading counterparties.

• Improve execution to boost efficiency and effectiveness of alternative operations

• Work together with internal cross-functional teams (including technology, operations, and finance) and external collaborators, to develop and implement integration plans

• Leads the settlement process of loan syndications, secondary loan trades, direct lending

• Maintain the investment book of record by researching and resolving discrepancies in daily cash and position reconciliations

• Knowledge of vendor systems including, but not limited to, Solvas, Digitize, Wall Street Office, Advent Geneva and Clear Par

• Gain understanding of all applicable portfolios and deal related documentation to ensure adequate controls are in place and guidelines are followed

• Collaborate closely with Administrative Agents, Borrowers and Legal with regards to KYC documentation, including administrative details, tax and fund formation documents

• Possess a strong understanding of how loan documentation is maintained and distributed, including handling amendments, restructures, and voting requirements.

• Interact with Portfolio Management, NAV Oversight, and Client Servicing / Reporting teams as needed to develop gold standard operating models

• Support the onboarding of new alternative investor mandates, investments, and vehicles, including advising & implementing processes for investment/trade lifecycle management, cash management, reporting, and reconciliation

• Work with business teams to craft and implement enhanced procedures to support cash management, capital activity, and investment funding processes

Experience

• Bachelor’s degree or equivalent experience in Finance, Information Systems, or Accounting is preferred.

• 7+ years’ experience in portfolio management, operations, fund accounting or other areas with exposure to private markets and the leveraged loan market.

• Project management experience is preferred

• Excellent written and oral communication skills

• Organized and able to quickly adapt in a multifaceted environment with large volume, high-risk transactions with a low tolerance for error

• Works both independently and as part of a team; actively seeks additional responsibilities

• Proficient in Excel

• Outstanding academic achievement, broad-based work experience, and demonstrated leadership skills

• Strong analytical and problem-solving abilities

• Proven understanding of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions

• Above all, the initiative and willingness to contribute beyond the scope of one's role to achieve team and firm objectives

For Wilmington, DE Only the salary range for this position is USD$82,000.00 - USD$108,000.00 . 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

BlackRock’s 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. Emplo