Trade Clearance and Settlement, Analyst at BlackRock

Mumbai, Maharashtra, India

BlackRock Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset Management, Private Equity, Hedge FundsIndustries

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field
  • 0–3 years in operations, data management, accounting, or administration, preferably with exposure to alternative investment funds
  • Strong written and verbal communication skills
  • Basic understanding of alternative investment products such as hedge funds and private equity
  • Ability to work collaboratively in a team environment
  • Proficiency in Microsoft Excel

Responsibilities

  • Support transaction data management for alternative products by reviewing legal documents and third-party notices
  • Assist in onboarding processes for new investments, including trade lifecycle and cash management workflows
  • Perform reconciliations of cash and assets between internal systems and custodians
  • Collaborate with internal teams and external service providers to exchange product and asset data
  • Maintain process documentation and assist in updating control frameworks
  • Participate in team initiatives and cross-functional projects

Skills

Key technologies and capabilities for this role

Exceltrade capturesettlementreconciliationscash managementdata managementalternative investmentshedge fundsprivate equity

Questions & Answers

Common questions about this position

What benefits does BlackRock offer?

BlackRock offers a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents, and Flexible Time Off (FTO).

What is BlackRock's hybrid work policy?

Employees are required to work at least 4 days in the office per week, with flexibility to work from home 1 day a week. Some business groups may require more office time, and new joiners can expect this model to support onboarding.

What skills are required for the Trade Clearance and Settlement Analyst role?

Required skills include strong written and verbal communication, basic understanding of alternative investment products like hedge funds and private equity, ability to work collaboratively in a team, and proficiency in Microsoft Excel.

What is the experience level needed for this position?

The role requires 0–3 years of experience in operations, data management, accounting, or administration, preferably with exposure to alternative investment funds.

What education is required for this analyst role?

A Bachelor’s degree in Accounting, Finance, or a related field is required.

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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