Fund Administration Analyst recruitment
BlackRock Alternative Advisors (BAA) manages over $30 billion in assets across absolute return, private capital and hybrid strategies for a broadly diversified, global client base. The BAA Business Operations-Fund Administration team is responsible for middle and back-office functions associated with BAA investment products. Middle and back-office functions include, but are not limited to, portfolio management support, product structuring, trade execution, compliance monitoring, fund accounting, client reporting and internal reporting to executive management as well as tax and audit support.
Within the BAA Business Operations--Fund Administration team is a group focused on the operations, administration, and reporting of closed-end investment funds. Today, closed-end fund products include fund-of-fund vehicles investing in underlying hedge fund managers as well as co-investment products directly invested across multiple strategies. We are seeking an individual to perform the middle and back-office functions described above for this family of funds.
Responsibilities:
The individual will be responsible for providing operational support for the BAA Closed-End Fund team within the Business Operations department. The individual's responsibilities will likely include:
• Monitoring fund-level and underlying investment performance and preparing periodic analysis and reporting for our investment research professionals and portfolio managers.
• Preparation of quarterly fund valuations and annual financial statements for assigned funds.
• Preparation of detailed quarterly reporting provided to closed-end fund investors.
• Ensuring proper accounting treatment in accordance with GAAP.
• Management of investor capital call and distribution activities.
• Liaison with the BAA Closed-End Fund team's independent auditors.
• Responding to client inquiries and prospective client requests.
• Ensuring assigned funds comply with all regulatory and compliance requirements.
Skills and Qualifications:
• Bachelor's Degree in Accounting.
• Solid analytical, communication and organizational skills.
• Advanced accounting knowledge.
• Interest in financial markets and financial instruments.
• Excellent time management skills.
• Ability to work under pressure and meet deadlines.
• Fluent in Microsoft Office products including advanced understanding in Excel.
• Self-directed with a hands-on, "roll up the sleeves" approach, while functioning well as a team player.
• Attention to detail with a "zero tolerance" approach to errors.
• Flexible, creative, and capable of out-of-the-box thinking.
• Secure, able to respond positively to peers who challenge. A team player who adds synergy and works well with a diverse group and enjoys contributing in a collaborative, cooperative environment.
BlackRock is proud to be an E-Verify Equal Opportunity/Affirmative Action Employer--M/F/D/V.
Skills
BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions -- from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.