Vista previa de la oferta
Private Market & Alternatives Operations, Tech and Ops, Associate
mid · Operations
About this role
Since 2000, BlackRock has delivered Investment Accounting and Middle Office services, supporting a diverse client base with approximately $2.7 trillion in assets across 250,000 positions. Our team processes over 300,000 trades and reconciles more than 1 million transactions annually across 1,700 portfolios. To enhance scalability, mitigate risk, and deliver exceptional client experiences, we established Outsourced Platform Services (OPS).
At the heart of our outsourced services are the functional teams that support our clients’ portfolios, assets & transactions daily.
Team Overview
BlackRock’s Outsourced Platform Services (OPS) provides global middle and back office support for BlackRock Solutions’ outsourcing business, including trade support, transaction servicing, collateral management, data governance, payments, corporate actions, reconciliations, alternative operations, and investment accounting. The team is focused on delivering scalable, controlled, and high-quality operational support for clients.
Global Client Alternative Services (GCAS), a specialized team within Tech & Ops under OPS, helps ensure the integrity of cash and position data for middle office clients and supports Aladdin clients investing in alternatives and private markets. The team partners globally on strategic initiatives and supports private and alternative asset workflows, including client engagement and daily IBOR reconciliation to help manage risk and client exposure.
This role demands expertise in reconciliation, exception management, and client service, complemented by strong problem-solving, data analysis, and process improvement skills. Additional responsibilities include maintaining documentation, supporting management initiatives, and driving operational efficiency.
Position Overview
The Associate will support private markets and alternatives operations across reconciliation, settlement, exception management, documentation review, and client service. The role requires strong operational judgment, attention to detail, and the ability to partner across internal teams, external counterparties, and clients to maintain accurate IBOR data and manage operational risk.
Role Responsibilities
Apply deep expertise in loan and private markets—including project finance, structured credit, real assets, and syndicated loans—to engage effectively with stakeholders, agents, borrowers, counterparties, and high-profile clients.
Interpret and analyze complex legal documentation, translating key provisions into actionable insights to ensure operational clarity.
Facilitate settlement processes across a broad spectrum of instruments, including syndications, secondary trades, CLOs, restructurings, private markets, infrastructure debt, renewable power, real estate debt, and trade claims.
Collaborate with internal and external teams to maintain the accuracy and integrity of the Investment Book of Record (IBOR).
Maintain comprehensive knowledge of portfolios and deal documentation to uphold control standards and ensure regulatory compliance.
Lead initiatives focused on process automation and control enhancements to improve efficiency and mitigate operational risk.
Investigate and resolve cash, position, and transaction discrepancies promptly and accurately.
Demonstrate proficiency in loan systems as an added advantage.
Manage multiple projects concurrently in a fast-paced, dynamic environment while maintaining exceptional attention to detail and adherence to deadlines.
This role offers the opportunity to work at the intersection of private markets and operational innovation, contributing to BlackRock’s mission of delivering scalable, risk-aware solutions for global clients.
Experience
The ideal candidate will have 5–10 years of experience in loan operations or similar expertise in settlements, reconciliations, and documentation-driven transactions. The candidate should also have a strong understanding of private credit, real assets, and project finance.
Additional qualifications include:
Exceptional communication and client service skills, with the ability to foster strong relationships.
Comprehensive understanding of banking and investment management, including experience in alternatives such as Private Credit, bank loans, credit strategies, registered funds, financial institutions, and a diverse range of investor types.
Proven ability to perform effectively under pressure in high-volume, high-risk environments with minimal margin for error.
Highly self-motivated and collaborative, demonstrating a proactive approach to taking on additional responsibilities.
Strong capability to prioritize and manage multiple requests while maintaining focus on overarching objectives and deadlines.
Sound decision-making skills, with the ability to make well-informed judgments based on available information and seek clarification or assistance when necessary.
Comfortable working within dynamic teams that embrace varied perspectives and problem-solving approaches.
Advanced proficiency in Microsoft Excel and related applications; familiarity with loan-centric systems is advantageous.
Solid knowledge of trading instruments and settlement processes.
Excellent analytical and organizational skills, ensuring accuracy and efficiency in execution.
Demonstrated initiative and commitment to contributing beyond defined responsibilities to support team and firm-wide goals.
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.