Location
London

Hours
Full Time

Salary
Competitive, commensurate with experience

About the Role
Elevate your career by joining BlackRock, the world's largest asset manager with over USD $14 trillion in assets. This role is part of the Global Transaction Services team within Business Operations, focusing on private asset settlements and lifecycle activity, managing BlackRock's investment book of record ("IBOR") related to the alternatives platform, and making this data available to downstream stakeholders. You will work closely with investment teams, leveraging BlackRock's extensive resources in risk management, product development, client service, and operational support.

Key responsibilities include demonstrating product and functional knowledge of the alternative investments industry to communicate effectively with business and trading counterparties; leading the settlement process for private assets, fund of funds, and loans; supporting ongoing lifecycle activity to maintain IBOR; collaborating with Portfolio Management, NAV Oversight, Client Servicing/Reporting, Legal, and Tax teams to enhance operating models; supporting onboarding of new alternative mandates; ensuring controls and adherence to guidelines through understanding of portfolios and deal documentation; identifying and mitigating risk areas; collaborating with external Administrative Agents, third party fund managers, and external counsel; researching and resolving cash and position discrepancies; and managing loan documentation including amendments, restructurings, and voting requirements.

BlackRock offers a hybrid work model designed to foster collaboration and flexibility, with employees currently expected to work at least 4 days per week in the office. This model supports accelerated learning and onboarding. The company is committed to empowering employees, recognizing outstanding performance, and providing a supportive environment with comprehensive benefits including retirement investment tools, education reimbursement, health and well-being resources, family support programs, and Flexible Time Off (FTO).

BlackRock is proud to be an Equal Opportunity Employer, valuing diversity and inclusion in all aspects of employment.

Experience
Preferably 3+ years in consulting, portfolio management, fund operations, fund accounting, fund audit, or related areas with a strong focus on private funds and private markets investments. Proven track record of leveraging technology and data-driven solutions to drive process improvements, including experience applying AI and automation to enhance efficiency and scalability. Prior experience at an investment management company, fund administrator, or Big 4 firm is preferred.

About you
Excellent communication and client service skills. Ability to perform effectively in a high-paced environment involving a large volume of high-risk transactions with low tolerance for error. Ability to work independently and collaboratively while actively seeking additional responsibilities. Demonstrated leadership experience and initiative to contribute beyond the scope of your role to achieve team and firm objectives.

Qualifications
Bachelor's degree in Finance, Accounting, or Information Systems preferred. Familiarity with the investment management industry, especially private and/or hedge funds and various types of investors, is preferred. Outstanding academic achievement and broad-based work experience are desirable.