Analyst - Private Data Operations at BlackRock

Dallas, Texas, United States

Apply Now

Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Private Equity, Asset ManagementIndustries

Requirements

Bachelor’s degree in finance, economics, or equivalent combination of education with 2-4 years of work experience, preferably in a multinational environment
Customer and data focused with strong customer service and data management experience and a passion for service perfection
Comfortable liaising with clients and internal stakeholders at all levels
Excellent written and oral communication skills in English. Any additional languages, such as French, Spanish and Italian are an advantage
Ambitious, proactive problem solver, positive, ‘can-do’ attitude, and willingness to stretch and grow outside the comfort zone
Excellent attention to detail and analytical skills. Ability to prioritize and deliver tasks as promised while maintaining high quality and consistent results
Strong planning and organizational skills, operating and controlling own priorities to meet deadlines
Reliable and trusted teammate with strong integrity and ethics. Driven to be a productive part of a high functioning, collaborative team, and to work in a high expectation and high impact environment
Proficient with Excel and other MS Office

Responsibilities

Gain an understanding of the Private Equity industry and Fund structure in order to formulate questions to Fund Managers regarding transactions and financial statements and make independent judgements and formulate answers when not clearly provided
Gain a clear understanding of Private Equity terminology, performance metrics, types of fees and expenses
Understand existing reporting and cash flow processes and procedures in order to effectively use the existing quarterly report and cash flow data processing templates
Work with minimal supervision, perform and complete tasks independently, and know when to escalate issues
Independently conduct analyses of financial statements and capital account movements, extracting correct quantitative and qualitative information from financial reports
Be trained on reading Limited Partnership agreements, finding and summarizing information relevant to Portfolio Monitoring
Liaise closely with other internal departments to ensure timely accurate client reporting
Ensure the quality and integrity of the data on the system is maintained
Perform any other duties commensurate with the nature and position of the post
Review errors, warnings and notifications created around data submitted via standardized templates, investigate these scenarios and solve them
Escalate identified issues if necessary, to IDS Team Lead or related IDS departments
Work with general partners to upload quarterly reports directly to the platform in standardized templates
Manage daily communications and quarterly deadlines with general managers

Skills

Key technologies and capabilities for this role

Private EquityFinancial StatementsFund StructurePerformance MetricsCash Flow AnalysisCapital Account MovementsData ValidationInvestment Data

Questions & Answers

Common questions about this position

What education and experience are required for this Analyst role?

A Bachelor’s degree in finance, economics, or equivalent combination of education is required, along with 2-4 years of work experience, preferably in a relevant field.

What are the key responsibilities of the Investment Data Analyst?

Key responsibilities include gaining understanding of Private Equity industry and terminology, analyzing financial statements independently, liaising with internal departments for client reporting, reviewing data errors, and managing communications with general partners.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What kind of team will I be working with in this role?

You will be part of the fast-growing Insight Data Service (IDS) team within the Aladdin Business, which comprises 1,200+ professionals supporting Aladdin clients, and you will liaise closely with other internal departments.

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

Land your dream remote job 3x faster with AI

Try Jobo Free