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Analyst, Trade Clearance

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BlackRock

Dec 23, 2024

Applications are closed

  • Job
    Full-time
    Junior, Mid & Senior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Wilmington, +1

Requirements

  • 1-5 years’ experience in the fields of operations, accounting and/or administration with a particular focus on alternative investment funds
  • A bachelor’s degree in Accounting or Finance is preferred but not required
  • A proficiency in Excel
  • Excellent written and oral communication skills
  • Experience multi-tasking in a fast-paced environment
  • Highly organized and able to adapt to variable deadlines
  • Strong analytical and problem-solving abilities
  • Outstanding work ethic required along with demonstrated success in high performance or high demand environments
  • Above all, the candidate must possess initiative and a willingness to contribute beyond the scope of one's role to achieve team and firm objectives

Responsibilities

  • Provide trade support and execution functions for private investment funds, including monitoring internal and external teams to ensure accurate and timely execution.
  • Foster a relationship with back-office support professionals at private fund managers/private companies as well as their administrators and agents, including frequent communications regarding trading and amortization activity.
  • Liaise with external service providers, internal team members and other BlackRock groups to resolve operational issues, as identified.
  • Work with Business teams to facilitate investment funding processes.
  • Interact with Portfolio Management, NAV Oversight, and Client Servicing / Reporting teams as needed to address investor queries and investment-level funding issues.
  • Support the onboarding of new alternative investor mandates, investments, and vehicles, including informing & implementing processes for investment/trade lifecycle management, cash management, reporting, and reconciliation.
  • Find opportunities for technological innovation and enhancements to processes.
  • Identify risk areas and implement/improve risk-mitigating controls.
  • Assist with preparation and review of reporting deliverables and ensure deadlines are met.
  • Ensure the team’s process documentation and controls are updated and reviewed regularly.

FAQs

What is the main focus of the Analyst, Trade Clearance role at BlackRock?

The main focus of the Analyst, Trade Clearance role is to provide trade support and execution functions for private investment funds, ensure accurate and timely execution, and facilitate investment funding processes while collaborating with various stakeholders.

What qualifications are preferred for this position?

A bachelor’s degree in Accounting or Finance is preferred, but not required. Additionally, 1-5 years of experience in operations, accounting, and/or administration with a focus on alternative investment funds is desired.

What skills are essential for this role?

Essential skills include proficiency in Excel, excellent written and oral communication skills, strong analytical and problem-solving abilities, and exceptional organizational skills.

How does BlackRock accommodate work-life balance?

BlackRock offers a Flexible Time Off (FTO) policy, a strong retirement plan, tuition reimbursement, comprehensive healthcare, and support for working parents to help employees maintain a healthy work-life balance.

What is the hybrid work model at BlackRock?

BlackRock's hybrid work model requires employees to work at least 4 days in the office per week, with the option to work from home 1 day a week. Some business groups may require more in-office presence due to their roles.

What are the opportunities for professional growth at BlackRock?

BlackRock is dedicated to creating an environment that supports employee growth, offering development opportunities, networking, and benefits that help employees thrive both personally and professionally.

What type of work environment can I expect as part of the Trade Clearance team?

You can expect a fast-paced work environment that promotes collaboration, initiative, and problem-solving, while also emphasizing the importance of maintaining positive relationships with stakeholders.

How does BlackRock promote diversity and inclusion?

BlackRock is committed to being an Equal Opportunity and Affirmative Action Employer, evaluating qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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BlackRock

Global investment manager. Technology provider. Helping more and more people experience financial well-being.

Finance
Industry
10,001+
Employees
1988
Founded Year

Mission & Purpose

BlackRock is a global asset manager and technology provider. Our purpose is to help more and more people experience financial well-being. We help millions of people invest to build savings that serve them throughout their lives. We make investing easier and more affordable. We advance sustainable investing because our conviction is it delivers better outcomes for investors. We contribute to a more resilient economy that benefits more people. Together with our clients, we’re contributing to a more equitable and resilient world – today and for generations to come. That’s why, we’re asking bigger questions – of ourselves, our industry, and the world at large. Questions that challenge convention and give rise to new thinking. Because the bigger questions we ask, the bigger actions we can take. Follow us for global insights shaping the economy, innovative thinking around the path to net zero and more information on culture and careers at BlackRock.

Benefits

  • Financial Well-being

    We help more and more people experience financial well-being – which applies as much to you as it does to our clients. At BlackRock, you’ll have access to our competitive retirement plan as well as financial coaching and educational resources to help you build a sound financial future.

  • Healthcare

    We provide a great selection of benefits and programs to help you manage health care costs, live a healthy lifestyle and find the right care, whenever you need it.

  • Physical well-being

    We know that physical well-being is an important component of maintaining your overall health – both now and in the future. Our comprehensive physical well-being benefits help you stay active, eat better and feel energized.

  • Life management

    We know managing life, work and everything in between can be difficult. So, whether you need a little R&R or time to tend to other matters, Flexible Time Off allows you to take time away from work, stress free, to focus on moments that are important to you.

  • Emotional well-being

    We understand emotional resilience is key to helping you thrive – in your life and at work. Whether you’re looking for ways to handle life’s many challenges, reduce your stress or boost your happiness by volunteering your time in service to others, our resources can help you navigate all kinds of situations.

  • Professional well-being

    Focus on your strengths and build the​ expertise you need to further your career. Our BlackRock Academies, structured training by​ program and employee networks, provide resources for​ meaningful networking, skill building and professional as​ well as personal growth.

  • Pay for Performance

    Our pay for performance approach means your total compensation reflects individual, business and company performance. For our full-time employees, total compensation includes a base salary plus an annual discretionary bonus.