Global Alternatives Transaction Services - Vice President at BlackRock

Dublin, County Dublin, Ireland

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial Services, Private EquityIndustries

Requirements

Preferably 7+ years’ experience in consulting, portfolio management, operations, fund accounting or related areas with a heavy focus on private funds and private markets investments
Bachelor’s degree in Finance, Information Systems or Accounting preferred
Familiarity with the investment management industry (experience with credit strategies, private and registered funds, separate accounts and various types of investors preferred)
Excellent communication and client service skills
Proficient in a high pace environment with large volume and high-risk transactions with a low tolerance for error
Works independently or in a team environment and actively seek additional responsibilities
Outstanding academic achievement, broad based work experience, and demonstrated leadership experience
Preferred knowledge of vendor systems including, but not limited to, Solvas, Digitize, Geneva, Wall Street Office and Clear Par
Initiative and willingness to contribute beyond the scope of one's role to achieve team and firm objectives

Responsibilities

Demonstrate product and functional knowledge of the alternative investments industry, with a focus on private credit, to effectively communicate with the business and trading counterparties
Help lead the settlement process for private assets and loans—including funding and documentation matters—and support ongoing lifecycle activities to maintain BlackRock’s investment book of record (“IBOR”)
Interact with Portfolio Management, NAV Oversight, Client Servicing/Reporting, Legal, and Tax teams as needed to develop and enhance operating models for private credit and other alternative asset strategies
Support the onboarding of new alternative mandates, including informing and implementing processes for investment/trade lifecycle management, cash management, reporting, and reconciliation
Gain an understanding of all applicable portfolios and deal-related documentation to ensure controls and adherence to guidelines. Identify risk areas and implement or improve risk-mitigating controls
Collaborate closely with Administrative Agents, Borrowers, and Legal regarding KYC documentation, including administrative details, tax, and fund formation documents
Understand the maintenance and distribution of loan documentation, including private and public amendments, restructures, and voting requirements for settled and trade date positions
Research and resolve any discrepancies regarding cash and position breaks

Skills

Alternative Investments

Private Credit

Settlement Processing

Investment Book of Record (IBOR)

Trade Lifecycle Management

Cash Management

Portfolio Management

NAV Oversight

Client Servicing

Operating Models

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.

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