Associate, Treasury Operations

This role sits within Preqin, a part of BlackRock. Preqin plays a key role in how we are revolutionizing private markets data and technology for clients globally, complementing our existing Aladdin technology platform to deliver investment solutions for the whole portfolio.

You will be joining the world’s leading data and insights provider for the alternatives assets industry. We empower the finance community with comprehensive data and expert insights, so they can make faster and smarter investment decisions with precision and confidence. We are a forward-thinking company and strive to make an impact by enabling our customers to envision future possibilities, invest in ideas and infrastructure that build strong communities.

Business Integrity team within the broader treasury department is a group of dedicated professionals who are essential to the Treasury operations by ensuring that all Private Equity cash data is accurately settled and reconciled for processes including accounting, client reporting, analytics, compliance, and regulatory. We provide information services and solutions in supporting this business. The roles and responsibilities will include actively handling risk and exposure for BlackRock by ensuring the ledger book of record is reconciled with the custodian daily and act as a control function. Given the critical nature of cash management, it is crucial to maintain comprehensive visibility over all transactions to ensure that obligations to clients and their investors are consistently met. The role requires an understanding of the mechanics of the reconciliation process, exception management, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes.

• Lead and develop a team to deliver high-quality outputs in accordance with SLAs.
• Provide senior-level oversight whilst, preparing, and/or reviewing reconciliations between internal systems (Ledger) and custodian statements across multiple accounts for various clients. Includes researching differences and resolving them in a timely and accurate manner
• Serve as a point of escalation for complex operational issues and client reporting challenges.
• Completing day-to-day assigned tasks; including, control reports, cash break resolution, inbox and dashboard monitoring and escalation of outstanding exceptions.
• Address inquiries from internal & external teams, perform controls, resolve problems, and mitigate risks for clients and internal BlackRock teams.
• Participate in various efficiency and capacity-building initiatives, including automation/ standardization efforts
• Collaborate with cross-functional teams to support operational efficiency and automation initiatives.
• Build and maintain strong relationships with internal stakeholders across Alternatives Client Services & Reporting, Fund Accounting, Insight and Treasury teams.
• Develop expertise around team control mechanisms and reporting.
• Constantly evaluate process and procedures for inefficiencies and make recommendations for improvement. Act as a change-management agent to consistently improve the quality control environment and develop standard methodologies.
• Raising all material risk items and service issues on a timely basis.
• Mentor, coach, and develop team members to foster a high-performing and growth-oriented team culture. Maintain accurate process documents.
• Able to demonstrate ability to self-improve and develop. Understand the impact of exceptions on upstream and downstream partners.

• Able to thrive in a culture of excellence, innovation, communication, and accountability, where all members of the team are motivated to go above and beyond and think globally and creatively.
• The ability to prioritize and balance multiple requests without losing sight of our overall objectives.
• You possess strong decision-making skills to make well-thought-out decisions based on the information provided and to obtain further assistance/clarification when needed.
• Attention to detail to ensure a high degree of accuracy for all results.
• Ability to take the initiative to follow up on issues – identify what needs to be done and take action.
• You are organized and detail oriented with strong time management skills.
• Have interpersonal skills to effectively articulate solutions to internal and external partners.
• Thrive in a team environment and build strong relationships with colleagues and external contacts.
• Keen to learn about private markets in one of the fastest growing business areas of BlackRock

• 5–7 years in operations, data management, accounting, or administration, with a focus on alternative investment funds. With proven experience in a Reconciliation operations role.
• Preferred 1-2 years of experience in people management.
• Deep understanding of alternative investment products preferably Private Equity and its fund structures and interactions.
• Bachelor’s degree or equivalent experience, preferably with a concentration in Accounting, Finance, Business, Economics or similar field
• Proficient in Microsoft Office with emphasis on advanced excel skills and have the acumen for learning new applications.
• Preferred skills in Data Analytics and/or understanding of data science methods & implementation.