Associate, Fund Services Alternatives (nav) Job in Blackrock

Description

About this role

Team Overview

The Global Accounting and Product Services (GAAPS) division is responsible for providing operational support to BlackRocks portfolio management teams and clients. GAAPS is central to BlackRocks operations in providing subject matter expertise, monitoring fund administrator service delivery in relation fund accounting and financial reporting, monitoring operational capacity for new products, contributing to projects in relation to product launches and liaising with fund administrators, auditors, fund directors and portfolio managers. The group comprises of a number of teams and is organized both functionally and regionally.

Role Responsibilities

• Providing operational and accounting support for all investments within the Alternatives platform. Assist in developing operating models to address support of manual or unusual aspects of new alternative products and investments
• Ensure a best in class control environment exists internally in an oversight capacity and externally within our 3rd party administrators
• 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
• Oversee external and internal administration and accounting for certain mandates, including investment valuation, data management, and asset and cash reconciliations
• Provide trading support functions for certain mandates
• Authorize and facilitate cash transfers
• Ensure trade, valuation and cash flow information is updated timely and accurately in internal systems
• 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
• Review cash flows to determine capital amounts needed

What is needed as experience:

• Bachelors degree in Accounting or Finance (strongly preferred) CPA a plus; with 6 8 years related experience
• Hedge Fund Investment accounting experience with FOF is a plus
• A diverse knowledge of alternative investment products, including single manager hedge funds, structured products, private equity funds and complex capital and investment structures
• Excellent organizational and communication skills (both written and oral);
• Proficiency in Microsoft Excel; Knowledge of Microsoft Word;
• Ability to prioritize and juggle workload, strong analytical/problem solving skills w/ attention to detail.
• Excellent time management skills; always needs to be aware of deadlines and effectively plan to ensure that all are met.
• Ability to be a team player and maintain good working relationships with all contacts.
• Strong skills and experience in data management
• Ability to evaluate multiple processes and develop a plan to migrate those processes to India with minimal disruption to services
• Demonstrated ability to communicate within BlackRock, both locally and across geographies
• Ability to build relationship with multiple stakeholders
• Ability to work effectively in a team environment (not only within the India team but also across various Alts operating teams)

About BlackRock

BlackRocks purpose is to help more and more people experience financial well-being.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.As of June 30, 2020, the firm managed approximately $7.32 trillion in assets on behalf of investors worldwide.

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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 arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.