Analyst/Associate, Alternative Client Services

About This Role

Team Overview

The Alternatives Client Services team support all of BlackRock’s privately placed alternatives products, including hedge funds, fund of hedge funds, private credit, private equity, special opportunity and real asset funds. Responsibilities for this position will involve a heavy concentration in day-to-day communications, reporting and data entry focusing on BlackRock’s alternative product platform. As a key member of the team, you will coordinate with departments and business lines across the firm. The role offers an opportunity to join a fast paced and growing business within BlackRock. The successful candidate will be pro-active and flexible, will demonstrate initiative with a drive to succeed both as an individual and as a strong teammate.

Your Daily Tasks May Include

• Client on-boarding, account set up, and data management. Assist with building client accounts within client tracking and share registry system. Create client profiles and investor attribute universe.
• Ensure integrity of communications tools through data entry and maintenance. Deploy exception reporting within client data universe and perform regular analysis to ensure integrity/preservation.
• Assist in fulfilling requests for offering documents as needed. Liaise with Institutional and Retail Sales and Product Specialists to customize client offering packages based on investor attributes, regulatory and business requirements.
• Where appropriate warehouse legal/contract document (i.e. subscription agreements, application materials, transfer agreements, waivers, letters of undertaking, etc.). Handle and maintain electronic and hard copy filing systems
• Review account level reporting and distributions to clients (i.e. monthly, quarterly, and annually).
• Coordinate cash flow management with clients and portfolio managers (e.g. contributions, redemptions, capital calls/distributions and product updates with clients). Track and handle client cash flow activity within proprietary trading system.
• Assist team members as needed in successful completion of process improvement initiatives
• Collaborate closely with clients from a shareholder servicing perspective, field client inquiries, research requests, and coordinate appropriate responses.
• Liaise with third party service providers as required
  
  

Experience

• 2-7 years’ experience in a fast-paced, deadline orientated, operational/ client service role
• Ensures accurate record keeping of work and shows excellent organizational skills
• High attention to detail, ability to focus and take ownership of tasks until completion
• The successful applicant will be self-motivated, proactive and able to change directions quickly
• Software skills including a strong background in Word and Excel and an aptitude for working within proprietary databases.
• Ability to communicate clearly and concisely, both orally and in writing, at all levels
• Ability to manage his/ her own workload, multi-task, balance multiple and conflicting priorities and meet deadlines in a fast-paced and changing environment
• Able to grasp complex concepts and details quickly
• Ability to work independently and as part of a team
• Ability to identify problems and issues, work actively with others to resolve them and raise issues appropriately
• Prepared to take initiative, work flexibly to help the team achieve its goals, and respond positively to change.
• Takes ownership for the completion of own work in accordance with agreed processes and to the highest standards of quality and timeliness
• Demonstrates team spirit, is prepared to assist colleagues and perform tasks that do not usually fall within their responsibilities.
• Has a good understanding of the Finance industry and with a willingness to learn.
  
  

#EarlyCareers

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.

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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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.