Private Asset Oversight Associate Private Asset Oversight Associate …

in Princeton, NJ, United States
Permanent, Full time
Be the first to apply
in Princeton, NJ, United States
Permanent, Full time
Be the first to apply
Private Asset Oversight Associate

About this role

What team will you be on?

The recent increase in volume and variety of private investments has required new workflows and controls to ensure these investments receive the strict oversight expected by BlackRock, auditors and regulators. The Private Asset Oversight team works closely with all parties involved in all aspects of the lifecycle of private assets. This includes the initiation of the investments by the Portfolio Managers, approvals from various Legal and Compliance teams, processing and communication by Operations and representation within Aladdin. It continues with the transition from legal commitment to funded private asset and through the various stages to unrestricted public asset, disposition and settlement. The team develops processes and controls that allow for clear representation of size and scope and works with Portfolio Management to ensure their risk representations are accurate and timely. Private Asset Oversight strives for consistency, efficiency and operational risk mitigation.

Why is your role important?

BlackRock is seeking an Associate level individual to join Private Asset Oversight. The role will work closely with many different FI investment teams as well as various groups within BlackRock. Functions will include coordinating the deal approval process, initiating order capture and ensuring procedures and controls are followed. The successful candidate will review and help develop processes and reports as the group grows and takes on additional responsibilities.

What will you be doing?

  • Initiate the private asset review and approval process as investment opportunities arise

  • Coordinate and communicate the approvals across the various impacted parties and initiate and track the lifecycle of the investment

  • Create the orders and ensure appropriate processing once final approvals are received

  • Review the representation of the asset within the reporting systems

  • Track the lifecycle stages of private assets and coordinate the appropriate updates and communications with responsible parties

  • Provide periodic reports as well as ad hoc requests

  • Work with Investment Committees on their review responsibilities

  • Work with appropriate parties on system and process updates as needed

What are we looking for?

  • Bachelor's degree in Finance or similar

  • 2+ years of experience in the financial industry

  • Knowledge of Equity and Fixed Income investments

  • Excellent communication and organizational skills

  • The ability to multi-task between scheduled responsibilities and urgent short-term functions

  • Excel ATX macros experience

  • Python or other programming knowledge

  • AirTable experience a plus

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.

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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate 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.

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.
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