About this role
Your team
The Transition Services function provides operational support to BlackRock’s Transition Investment Management team, which delivers client portfolio restructuring events across the Americas (AMRS), Europe, Middle East and Africa (EMEA), and Asia-Pacific (APAC) regions. The team plays a critical role in supporting new business wins, onboarding client assets efficiently, and executing strategic investment transitions across a broad range of investment strategies and products.
Operating within Business Operations and Transaction Management, the team partners closely with portfolio managers, custodians, clients, and service providers to ensure transition events are completed accurately, efficiently, and within required timelines. This role offers exposure to a wide range of asset classes, operational processes, and stakeholder groups across BlackRock's global platform.
Your role and impact
As an Associate within Transition Services, you will support the successful execution of client portfolio restructuring activities, including cash and securities transfers, in-kind contributions and redemptions, and collective investment vehicle transitions. Acting in a project management oriented capacity, you will coordinate multiple stakeholders, monitor operational risk, and help ensure complex transition events are executed accurately and efficiently.
This role offers the opportunity to develop deep expertise in transition management and investment operations, and client asset servicing while contributing directly to client outcomes and the firm's growth objectives.
Your responsibilities
In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:
- Partner with custodians, external fund managers, fund accountants, and transfer agents to coordinate and execute portfolio transfer activity, ensuring accurate information exchange and timely completion of transition events.
- Maintain accurate operational records and monitor settlement of security and cash movements to ensure timely and accurate transaction processing.
- Collaborate with Transition Managers, Portfolio Managers, clients, consultants, and service providers to support investment decisions, project delivery, and stakeholder communication.
- Oversee transition related risks by tracking corporate actions, compliance rules and in-flight trades while ensuring adherence to regulatory, client, and internal requirements.
- Maintain audit-ready records, manage key counterparty relationships, and identify operational improvement opportunities to enhance efficiency and control effectiveness.
Your experience
- Relevant experience within transition management, custody, or investment operations, and/or a degree in Finance related discipline.
- Experience supporting transition management, collective investment vehicles, and portfolio restructuring activities.
- Strong understanding of free-of-payment transactions, settlement processes, SWIFT messaging, and associated market taxes and fees.
- Knowledge of cash and securities reconciliations, corporate actions, and market transferability requirements.
- Strong analytical, quantitative, and problem-solving skills with proficiency in Microsoft Excel and the ability to interpret data to support informed decision-making.
- Strong interpersonal, communication, and stakeholder management skills, with the ability to build effective relationships across clients, external counterparties and internal teams in a global environment.
- Demonstrated ability to work independently, manage competing priorities, identify control enhancements, and deliver high-quality outcomes under tight deadlines.
- Business level in Japanese, and English
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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Skills Required
- Relevant experience in transition management, custody, or investment operations, or a degree in a finance-related discipline
- Experience supporting transition management, collective investment vehicles, and portfolio restructuring activities
- Strong understanding of free-of-payment transactions, settlement processes, SWIFT messaging, market taxes, and fees
- Knowledge of cash and securities reconciliations, corporate actions, and market transferability requirements
- Strong analytical, quantitative, and problem-solving skills
- Proficiency in Microsoft Excel and ability to interpret data for decision-making
- Strong interpersonal, communication, and stakeholder management skills
- Ability to work independently, manage competing priorities, identify control enhancements, and deliver under tight deadlines
- Business-level Japanese and English proficiency
BlackRock Compensation & Benefits Highlights
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Healthcare Strength — Healthcare coverage is described as comprehensive, including medical, dental, and vision plans with HSA/FSA options and telemedicine. Mental-health resources such as counseling/EAP, wellness incentives, and Calm access are also featured.
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Retirement Support — Retirement programs include savings plans, employer-supported contributions described as competitive in summaries, and financial education resources. An Employee Stock Purchase Plan is also noted in certain locations.
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Parental & Family Support — Parental leave is gender-neutral with up to 16 weeks for primary caregivers and 4 weeks for non-primary caregivers. Additional supports include adoption assistance, fertility benefits in some locations, childcare/elder-care resources, and nursing-mother programs.
BlackRock Insights
What We Do
As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com
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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Employees engage in a combination of remote and on-site work.
BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.
