01 Aug
|
Important Business
|
Mumbai
01 Aug
Important Business
Mumbai
We are on the lookout for an experienced Associate, Loans Services to join our exceptional team at BlackRock in Mumbai.
Growing your career as a Full Time Associate, Loans Services is a terrific opportunity to develop exceptional skills.
If you are strong in presentation, leadership and have the right personality for the job, then apply for the position of Associate, Loans Services at BlackRock today!
Description
About this role
GAAPS Alternatives | Associate Loan Services | Mumbai
Global Accounting and Product Services ("GAAPS"): Alternatives Operations supports BlackRock Alternative Investments ("BAI") and over $140B of assets globally. BAI takes a dynamic approach to alternative investments, creating investment vehicles that increasingly capitalize on evolving opportunities in fast-changing markets. We offer clients strategies designed to provide returns with varied correlations to the equity and bond markets, including private equity, real estate equity and debt, hedge funds of funds, single strategy hedge funds, long-only absolute return strategies, commodities and structured products.
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate individuals without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
Team Overview
Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! The team coordinates, initiates and creates processes for new/non-standard transactions. In addition, the team provides relationship management and participates in external market initiatives. The candidate will require the skills to partner with the business, operations and senior leaders and will interact with ICB, Legal, Tax,
RQA and Compliance with regards to trade confirmations, allocations, KYC documentation, review of documentation, settlements and metrics.
Role Responsibility
- Demonstrate product and functional knowledge of the loan and privates market in order to communicate with business, trading counterparties and large/sensitive clients.
- Ability to interpret legal documentation and translate to simpler terms
- Support the settlement process of loan syndications, secondary loan trades, CLO’s, restructures, privates, infrastructure debt, renewable power, direct lending and trade claims including funding and documentation matters.
- Work with Custodians on timely funding/receipt of wires and delivery of physical certificates.
- Maintain a solid understanding of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to.
- Liaise with Administrative Agents, Borrowers and Legal pertaining to KYC documentation, including administrative details, tax and fund formation documents.
- Working knowledge of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions.
Experience
The successful candidate will have 4-7 years’ experience in the fields of data management, operations, accounting and/or administration with a focus on alternative investment funds. A master's degree in Accounting or Finance is helpful.
In addition, we are looking for the following qualifications:
- Excellent communication and client service skills.
- Strong performer in a high pace environment with high volume and high risk transactions with a low tolerance for error.
- Ability to work independently or in a team environment and proactively assume additional responsibilities.
- Able to work in a dynamic team environment with diverse approaches and thinking styles.
- Highly proficient in Excel and MS application skills
- Knowledge of trading instruments and the settlement mechanics
- Strong analytical and organizational skills
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of advantages 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.
Our hybrid work model
BlackRock’s current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.
Benefits of working as a Associate, Loans Services in Mumbai:
● Excellent benefits
● Opportunities to grow
● Competitive salary
● Remote Work opportunity
📌 Associate, Loans Services - Urgent Position (Mumbai)
🏢 Important Business
📍 Mumbai