Associate, Private Markets and Alternative Operations at BlackRock in Mumbai, India

Job description

• 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.

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.
• Demonstrate proficiency in loan systems as an added advantage.
• Manage multiple projects concurrently in a fast-paced, dynamic environment while maintaining exceptional attention to detail and adherence to deadlines.
• This role offers the opportunity to work at the intersection of private markets and operational innovation, contributing to BlackRock’s mission of delivering scalable, risk-aware solutions for global clients.

Requirements

• The ideal candidate will have 4–8 years 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; familiarity with loan-centric systems is advantageous.
• Solid knowledge of trading instruments and settlement processes.
• Excellent analytical and organizational skills, ensuring accuracy and efficiency in execution.
• Demonstrates initiative and a commitment to contributing beyond defined responsibilities to support team and firm-wide goals..

Skills

Required

• Reconciliation
• Exception management
• Client service
• Problem-solving
• Data analysis
• Process improvement
• Exceptional communication
• Advanced proficiency in Microsoft Excel

Preferred

• Proficiency in loan systems
• Familiarity with loan-centric systems

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.