About This Role
GAAPS Alternatives | Analyst/Associate - Client Platform | Budapest/Edinburgh
About BlackRock
Elevate your career by joining the world's largest asset manager! Thrive in an environment that promotes positive relationships and recognises outstanding performance! We know you want to feel valued every single day and be recognised for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over USD $11.5 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.
Team Overview
BlackRock Alternatives
BlackRock's global Alternatives business includes the firm's investment capabilities across Real Estate, Infrastructure, Hedge Funds, Private Equity and Credit. BlackRock Alternatives currently manages over $300 billion in total assets and client commitments with a team of over 1,300 professionals. This unified global operating platform combines expertise, resources, and capabilities across asset classes with investment teams located in London, Dublin, New York, San Francisco, Seattle, Princeton, Hong Kong, Boston, and Santa Monica, among other locations.
Alternative Client Platform (“ACP”)
ACP’s objective is to enhance the client experience via a centralized platform that supports investor relations activities across our rapidly growing Alternatives business. Located in Atlanta, Budapest, London, Seattle, Edinburgh, and Mumbai, ACP is primarily responsible for delivering client reporting and fundraising support in partnership with our investment, client, and operational teams.
Client reporting
- Coordination and production of formal quarterly reporting packages using portfolio-level and market updates from portfolio managers, asset managers, and fund administration teams across a variety of BlackRock Alternatives businesses
- Reporting data management
- Coordination of quarterly custom investor reporting
- Coordination of regulatory reporting
Due Diligence support
- Data room management
- Maintenance of our standard RFP answer library in Responsive.io
- RFP production in conjunction with Product Strategy
- Coordination of customized client due diligence requests
- Completion of industry surveys and consultant questionnaires
Fundraising support
- Maintain and update product pitchbooks and other standard marketing collateral with platform level data
- Submit materials through the central compliance system, and address follow-ups
- Quarterly update of performance and track record information as required
- Work closely with senior IR professionals to ensure meeting follow-ups are completed
Client Communications
- Answering client queries
- Coordination of Annual LP event planning and preparation of materials
- Coordination and preparation of fund webcasts
- Preparation and coordination of formal investor communications
- Coordination of secondary sales and transfer process
Client Support
- Client data management including maintenance of demographics and statistics
- Client Record Management
Product Management
- Coordination of fund closings with partner teams
- Support for side letter negotiations, ensuring engagement of senior partners and raising concerns as required
- Coordinate and attend fund board meetings for closings, and other approvals as required
Operations
- Support and investigate technology and process options to scale and automate routine client service activities
- Drive projects to enhance productivity through technology and process re-engineering
Key Qualifications
- BA/BS required
- Fluency in written and spoken English is essential
- Persuasive and polished written and oral communication skills
- Strong interpersonal skills with ability to communicate effectively at all levels
- Meticulous attention to detail
- High proficiency in Excel, with ability to manipulate data in a spreadsheet
- Proficiency in Word and PowerPoint, with ability to create marketing slides
- Analytical ability to synthesize information and summarize issues
- Desire to learn the investment management industry
- 0-3 years of experience (analyst); 3+ years of experience in financial services (associate)
We Are Looking For People Who Are:
- Able to thrive in a culture of excellence, innovation, communication, and accountability, where all members of the team are motivated to go above and beyond, and think globally and creatively
- Constantly seeking better ways to do things and ability to challenge status quo
- Able to multi-task and work in a fast-paced environment
- Proven teammate with strong interpersonal skills
- Able to appropriately prioritize.
- Self-directed and feel comfortable asking questions and taking the initiative to get projects completed accurately and on time.
- Client service focused as this position will communicate directly with sales teams, consultants and clients, in person, via phone and email on a regular basis.
- Able to work under tight deadlines and conflicting priorities
- Keen to learn about private markets in one of the fastest growing business areas of BlackRock
- Flexible and adaptable to thrive in a dynamic and changing environment
- Understand the risk environment within the department – promote risk awareness, assessment, and control
Our Benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
