BlackRock Loan Alt Services Associate - PRI in Princeton, New Jersey
About this role
GAAPS Alternatives | Associate Loan Services | Princeton About BlackRock
Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $7 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified individuals without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
This team is part of the Global Alternative Investment Services team within Business Operations.
Demonstrate product and functional knowledge of the loan and fixed income markets in order to communicate with the business and trading counterparties.
Help lead the settlement process of loan syndications, secondary loan trades, direct lending including funding and documentation matters.
Research and resolve any discrepancies regarding cash payments
Proficiency of vendor systems including, but not limited to, Wall Street Office, Advent Geneva and Clear Par.
Gain understanding of all applicable portfolios and deal related documentation to ensure controls and adherence to guidelines.
Collaborate closely with Administrative Agents, Borrowers and Legal with regards to KYC documentation, including administrative details, tax and fund formation documents.
Understand the maintenance and distribution of loan documentation including private and public amendments/ restructures and voting requirements with settled and trade date positions.
Preferably 5-9 years' experience in asset management/fund industry including the leveraged loan market.
Familiarity with the investment management industry (experience with credit strategies, private and registered funds, separate accounts and various types of investors preferred).
Excellent communication and client service skills.
Proficient in a high pace environment with large volume and high-risk transactions with a low tolerance for error.
Works independently or in a team environment and actively seek additional responsibilities.
Highly proficient in Excel; knowledge of WSO and Advent Geneva a plus
Outstanding academic achievement, broad based work experience, and demonstrated leadership experience
Financial degree required.
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.
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.
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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
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.