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Associate at BlackRock in New York, NY
Skills
Job Description
About this role
Company: BlackRock Financial Management, Inc.
Job Title: Associate
Location: 50 Hudson Yards, New York, NY 10001
Job Duties: Calculate investment allocations, PARS/ Investment checklist completion for all funds on the platform and confirm adherence to Allocation Policy. Create and maintain quarterly portfolio reporting for investment teams. Complete pre-trade compliance checks across all portfolios and mandates, including end trade booking in Aladdin. Anticipate and resolve operational issues arising during the evolving investment processes. Assist in liquid hedge fund as needed, booking trades and resolving breaks. Model, monitor and document portfolio allocations, checklist, guideline adherence and coordinate internal approvals. Track fund & investment level deployment and performance metrics. Track liquidity for all private funds, including cash forecasting, borrowing capability, and dry powder. Recommend distributions and capital cans to Senior Core PM. Ensure correct booking of interest payments, repayments of capital, and fee collection from underlying investments and through portfolio structure.
Qualifications: Bachelor's degree or foreign equivalent in Finance, Computer Science, Business, or related field and 24 months of experience in job offered, or closely related role. Requires 2 years of experience in following: Private financial market experience; Oversight functions for credit mandates, including portfolio management overlays, and operational procedures; Microsoft VBA; Leveraged finance, direct lending, closed-ended portfolio management, or structure product; FX trading; Programming in Unix, and SQL; Data validation and performance visualization using Python; Portfolio analysis and risk management workflows using Aladdin; and Data Analytics and Machine Learning.
To apply, please click “Apply” on this webpage.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.