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Fund Administration, Alternative Products Associate - Del

Blackrock Incorporated

Fund Administration, Alternative Products Associate - Del

Wilmington, DE
Full Time
Paid
  • Responsibilities

    Experience : 0 Description : BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of March 31, 2018, the firm managed approximately $6.317 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com Twitter: @blackrock at https://twitter.com/blackrock Blog: www.blackrockblog.com LinkedIn: www.linkedin.com/company/blackrock . Job Description: Global Accounting and Product Services: Alternatives Operations supports BlackRock Alternative Investments ("BAI") and over $110B of assets globally. BAI takes a dynamic approach to alternative investments, creating investment vehicles that increasingly capitalize on evolving opportunities in fast-changing markets. We offer clients strategies designed to provide returns with low correlations to the broad equity and bond markets, including private equity, real estate equity and debt, hedge funds of funds, single strategy hedge funds, long-only absolute return strategies, commodities and structured products. Our alternative investment capabilities are fully integrated into BlackRock, allowing investment teams to capitalize on the firm's considerable resources in areas such as risk management, product development, client service and operational support. Within Global Accounting and Product Services: Alternatives Operations, Alternative Investment Services is responsible for portfolio management support, new product launches, and providing ongoing investment support for various BAI business units. Responsibilities: + Providing trading support and execution functions for private investment funds, including monitoring internal and external teams to ensure accurate and timely execution ; + Provide on-going operational support for complex products or investment types, which includes reconciling data received from third parties and coordinating input of data into internal systems;

    • Facilitate hedge fund and securities trading and settlement; + Manage credit facility arrangements including debt compliance monitoring; + Assist with preparation and review of client reporting and ensure deliverable deadlines are met; + Work with external service providers, internal team members and other BlackRock groups to resolve operational issues, as identified; + Participate in other group projects and initiatives; Qualifications: + 1-3 years' experience in the fields of operations, accounting and/or administration with a particular focus on alternative investment funds. + A bachelor's degree in Accounting or Finance is preferred as is 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 one's role to achieve team and firm objectives. BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. BlackRock will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the law, including any applicable fair chance law. County : New Castle URL : https://nlx.jobsyn.org/497507b87a8846018b270c255e67c4b1159
  • Industry
    Financial Services