Private Market & Alternatives Operations, Tech and Ops, Associate
BlackRock
Mumbai, IndiaPosted 1 month ago
Skill Required
andanalyticalautomationDesign PatternsFulltime
Key highlights
- 5–10 years of experience in loan operations or similar expertise required
- Hybrid work model: at least 4 days in office per week
- Comprehensive healthcare and retirement benefits
- Flexible Time Off (FTO)
- Strong focus on private markets and alternatives operations
- Equal Opportunity Employer
Role overview
BlackRock’s Outsourced Platform Services (OPS) provides global middle and back office support, including trade support, transaction servicing, and investment accounting, with a focus on scalable, controlled, and high-quality operational support for clients. The Global Client Alternative Services (GCAS) team, a specialized unit within OPS, ensures the integrity of cash and position data for middle office clients and supports Aladdin clients investing in alternatives and private markets. This role, as an Associate, involves supporting private markets and alternatives operations, including reconciliation, settlement, exception management, documentation review, and client service, while maintaining accurate IBOR data and managing operational risk. The role demands expertise in reconciliation, exception management, and client service, complemented by strong problem-solving, data analysis, and process improvement skills.
Responsibilities
- Apply deep expertise in loan and private markets—including project finance, structured credit, real assets, and syndicated loans—to engage effectively with stakeholders, agents, borrowers, counterparties, and high-profile clients.
- Interpret and analyze complex legal documentation, translating key provisions into actionable insights to ensure operational clarity.
- Facilitate settlement processes across a broad spectrum of instruments, including syndications, secondary trades, CLOs, restructurings, private markets, infrastructure debt, renewable power, real estate debt, and trade claims.
- Collaborate with internal and external teams to maintain the accuracy and integrity of the Investment Book of Record (IBOR).
- Maintain comprehensive knowledge of portfolios and deal documentation to uphold control standards and ensure regulatory compliance.
- Lead initiatives focused on process automation and control enhancements to improve efficiency and mitigate operational risk.
- Investigate and resolve cash, position, and transaction discrepancies promptly and accurately.
- Manage multiple projects concurrently in a fast-paced, dynamic environment while maintaining exceptional attention to detail and adherence to deadlines.
- Maintain documentation, support management initiatives, and drive operational efficiency.
Requirements
- 5–10 years of experience in loan operations or similar expertise in settlements, reconciliations, and documentation-driven transactions.
- Strong understanding of private credit, real assets, and project finance.
- Exceptional communication and client service skills, with the ability to foster strong relationships.
- Comprehensive understanding of banking and investment management, including experience in alternatives such as Private Credit, bank loans, credit strategies, registered funds, financial institutions, and a diverse range of investor types.
- Proven ability to perform effectively under pressure in high-volume, high-risk environments with minimal margin for error.
- Highly self-motivated and collaborative, demonstrating a proactive approach to taking on additional responsibilities.
- Strong capability to prioritize and manage multiple requests while maintaining focus on overarching objectives and deadlines.
- Sound decision-making skills, with the ability to make well-informed judgments based on available information and seek clarification or assistance when necessary.
- Comfortable working within dynamic teams that embrace varied perspectives and problem-solving approaches.
- Advanced proficiency in Microsoft Excel and related applications.
- Solid knowledge of trading instruments and settlement processes.
- Excellent analytical and organizational skills, ensuring accuracy and efficiency in execution.
- Demonstrated initiative and commitment to contributing beyond defined responsibilities to support team and firm-wide goals.
Nice to have
- Proficient in loan systems.
- Familiarity with loan-centric systems.
Benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Additional details
- Since 2000, BlackRock has delivered Investment Accounting and Middle Office services, supporting a diverse client base with approximately $2.7 trillion in assets across 250,000 positions. Our team processes over 300,000 trades and reconciles more than 1 million transactions annually across 1,700 portfolios.
- To enhance scalability, mitigate risk, and deliver exceptional client experiences, we established Outsourced Platform Services (OPS).
- At the heart of our outsourced services are the functional teams that support our clients’ portfolios, assets & transactions daily.
- 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.
- As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
- At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment.
- To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
- 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.
- BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.