About this role
About BlackRock Alternatives
BlackRock's global alternatives business includes the firm's investment capabilities across Real Estate, Infrastructure, Hedge Funds. BlackRock Alternatives currently manages over $420 billion in total assets and client commitments with a team of over 1,500 professionals. This unified global operating platform combines expertise, resources, and capabilities across asset classes with investment teams located in London, Dublin, New York, San Francisco, Seattle, Princeton, Hong Kong, Boston, and Santa Monica, among other locations.
About the Alternative Client Platform (“ACP”)
ACP’s objective is to enhance the client experience through a centralized service platform that supports investor reporting, investor inquiries, and fundraising activities across our rapidly growing alternatives business. Located in Atlanta, Budapest, New York, Seattle, Edinburgh, and Mumbai, ACP coordinates with internal and external stakeholder teams across the globe to collect alternatives related investment and fund data and transforms it into client reporting and fundraising support outputs on behalf of the global alternatives business.
About This Job
The Multi-alternatives team in ACP supports the coordination and administration of investor related communications to ensure a best-in-class client experience for Multi-alternatives investors. This team is responsible for a wide range of activities, including production of client and fund reports, marketing collateral, and presentations, as well as maintaining platform data and analytics, all while supporting technological advancement to further enhance our scalable data platform.
We are seeking a high-energy, self-motivated individual to support the global Multi-alts Team as a skilled operator and team manager. This individual must be comfortable working in a fast-paced environment and managing multiple deliverables and tasks concurrently. The role represents an opportunity to grow your career in Multi-alternatives, and grow your career at BlackRock, the pre-eminent global asset manager.
Key Responsibilities
Lead and manage a team of talented professionals to deliver high-quality client reporting outputs within our global Multi-alternatives team.
Operate as a subject matter expert, directly supporting complicated client inquiries, providing team and deliverables oversight, including the review of quarterly reporting deliverables, investor reports, and regulatory submissions.
Serve as a point of escalation for complex operational issues and client reporting challenges.
Mentor, coach, and further develop team members to support our high-performing and growth-oriented team culture.
Support and reinforce continuous improvement in key processes to enhance efficiency.
Enforce and manage appropriate risk management and quality control processes to ensure accurate and timely reporting procedures; oversee updates to documentation and process workflows to reflect process best practices.
Review client inquires (including RFP requests) and ongoing obligations; help the team navigate response approaches and solutions-oriented pathways through completion
Collaborate with cross-functional teams to support operational efficiency and automation initiatives under the direction and supervision of ACP Senior Leadership.
Develop and maintain strong relationships with internal stakeholders across Alternatives Client Services, Product Strategy, Portfolio Management, Fund Accounting, and the Global ACP Team.
Asset Class/Strategy Specific Qualifications
Two or more (2+) years of direct experience working in private markets within an asset management or institutional allocator type organization and five or more (5+) years of financial services experience.
Detailed knowledge in closed end, LP drawdown fund structures and how those fund structures operate
Awareness and familiarity with common private fund legal documents, including PPMs, LPAs, subscription documents, and side letter agreements
Detailed knowledge and understanding around liquid and illiquid alternative strategies, including hedge funds, private equity, private credit, co-investment, funds, fund structuring and NAV calculations
A proven understanding of key performance and risk metrics used in measuring private fund performance
Key Qualifications
BA/BS required, MS/MBA preferred
Fluency in written and spoken English is essential
Demonstrated experience in overseeing team workload management
Deep understanding of private fund reporting processes and controls, including common private fund regulatory reporting items
Strong leadership, communication, and interpersonal skills
Proven ability to mentor and develop team members
Experience with data coordination, data analysis, and data aggregation
Meticulous attention to detail
High proficiency in Excel, with the ability to write complex formulas and manipulate data in a spreadsheet to support complex client inquiries
Proficiency in Word and PowerPoint, with the ability to effectively chart data and create meaningful visuals
Analytical ability to synthesize information and summarize issues
Seven or more (7+) years of experience in financial services, with preferred experience in asset management
We Are Looking For People Who Are
Able to thrive in a culture of excellence, innovation, proactive communication, and accountability, where all members of the team are motivated to go above and beyond, think globally and creatively, while controlling risk and quality
Constantly seeking better ways to do things and ability to challenge status quo
Able to multi-task and work in a fast-paced environment
strong interpersonal communicators who can flex between independent work and collaborative work
Able to appropriately prioritize work based on client needs and commercial firm objectives
Willing and comfortable to continue to learn and grow, who are comfortable asking questions to deepen their understanding and knowledge of the business
Consistently taking the initiative to get projects completed holistically and on time
Able to work under tight deadlines and conflicting priorities
Keen to deepen their knowledge in private markets, one of the fastest growing business areas of BlackRock
Flexible and adaptable to thrive in a dynamic and changing environment
Understand the risk environment within the department – promote risk awareness, assessment, and control
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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:
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