Join BlackRock as a Vice President in the Private Markets Middle Office team, responsible for supporting private asset settlements and lifecycle activities, and managing BlackRock's investment book of record (IBOR) as it relates to our alternatives platform. This role requires 7+ years of experience in consulting, portfolio management, operations, fund accounting, or related areas with a focus on private funds and private markets investments, including experience in Private Credit and Loan Operations.
Requirements
- Demonstrate product and functional knowledge of the alternative investments industry, with a focus on private credit, to effectively communicate with the business and trading counterparties.
- Help lead the settlement process for private assets and loans—including funding and documentation matters—and support ongoing lifecycle activities to maintain BlackRock’s investment book of record (“IBOR”).
- Interact with Portfolio Management, NAV Oversight, Client Servicing/Reporting, Legal, and Tax teams as needed to develop and enhance operating models for private credit and other alternative asset strategies.
- Support the onboarding of new alternative mandates, including informing and implementing processes for investment/trade lifecycle management, cash management, reporting, and reconciliation.
- Gain an understanding of all applicable portfolios and deal-related documentation to ensure controls and adherence to guidelines. Identify risk areas and implement or improve risk-mitigating controls.
- Collaborate closely with Administrative Agents, Borrowers, and Legal regarding KYC documentation, including administrative details, tax, and fund formation documents.
- Understand the maintenance and distribution of loan documentation, including private and public amendments, restructures, and voting requirements for settled and trade date positions.
- Research and resolve any discrepancies regarding cash and position breaks.
Benefits
- Retirement investment and tools designed to help you build a sound financial future
- Access to education reimbursement
- Comprehensive resources to support your physical health and emotional well-being
- Family support programs
- Flexible Time Off (FTO) to relax, recharge, and be there for the people you care about
