About this role
GAAPS Alternatives | Analyst Client Services | Princeton
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 $6 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:
The successful candidate will join the Alternatives Client Services team in providing timely and accurate information to our clients and prospects that is consistent with the established BlackRock brand and messaging, as well as Transfer Agency oversight on our third party providers. The Alternatives Client Services (ACS)team support all of BlackRock’s privately placed alternatives products, including hedge funds, fund of hedge funds, private credit, private equity, special opportunity and real asset funds. Responsibilities for this position will involve a heavy concentration in day-to-day communications, reporting and data entry focusing on BlackRock’s alternative product platform.
Your daily tasks may include:
Servicing as the liaison with clients and 3rd parties, fielding inquiries, researching requests, and coordinating appropriate responses
Assisting and handling the document review process ensuring efficient processes are instituted and implemented while maintaining a consistent focus on the client experience. Eliminating rework loops and adhering to department standards. Coordinating and tracking document updates with BlackRock Legal and outside counsel
Leading and maintaining electronic and hard copy filing systems
Overseeing account level reporting and distributions to clients (i.e. monthly, quarterly, and annually)
Coordinating cash flow management with clients and portfolio managers (e.g. contributions, redemptions, and product updates with clients / 3rd parties). Tracking and handling client cash flow activity within proprietary trading system
Assisting the transfer agent with client on-boarding, account set up, and data management. Building client profiles and investor attribute universe
Ensuring integrity of communications tools through data entry and maintenance. Deploying exception reporting within client data universe and performing regular analysis to ensure integrity/preservation.
Transfer Agent oversight and quality control. Work with our 3rd parties to create transparency between BlackRock and vendors and ensure a positive client experience.
Assisting team members as needed in successful completion of Alternative Client Support processes, deliverables and or improvements
You have:
1-3 years’ experience (desired but not required) working within a financial services or banking platform, with financial securities, private placements, and limited offerings a plus.
Confirmed acumen for financial concepts, ability to speak thoughtfully and confidently while using applied financial reasoning.
Highly attentive, ability to focus, excellent follow-through, flexibility and stellar grammar and English skills.
Self-motivated, dedicated, able to change directions quickly, and capable of working well with strong personalities.
Strong background in Word and Excel.
Excellent communication skills, both orally and in writing
Capacity to multi-task, balance multiple priorities and meet deadlines in a dynamic and changing environment
Ability to support cross-functional projects and teams
Business, Financial, and Legal competence
Facility to grasp complex concepts and details quickly
Proven ability to work independently and as part of a team
Analytical problem-solving and troubleshooting skills
Working knowledge of administrative fundamentals
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. 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 children’s 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. 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.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock 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 EEOC’s Know Your Rights poster and its supplement and the pay 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 [email protected]. All requests are treated in line with our privacy policy.
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.Similar Jobs
What We Do
BlackRock is a global asset manager. We help investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. Our founding mission was to establish a firm that thinks differently about managing investment risks to best serve our clients, and this is still at our core today.
We challenge businesses to reach higher standards. We use technology to think beyond what’s possible. We provide investment solutions for every need. We aim to simplify a complex world. We help chart paths towards financial health. We are BlackRock, and we are invested in your financial well-being.
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Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
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