Analyst, Trade Clearance/Settlement
- Primetrace
- 1 - 5 years
- Mumbai
- 8 days ago
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Job Description
About this role
Global Accounting and Product Services: Alternatives Operations supports BlackRock Alternatives and over $140B of assets globally. BlackRock Alternatives 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 low correlations to the broad 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. Our alternative investment capabilities are fully integrated into BlackRock, allowing investment teams to capitalize on the firm s considerable resources in areas such as risk management, product development, client service and operational support.
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.
Team Overview We are looking to add a team member to our Global Alternative Transaction Services (GATS) team (Equity/Credit). The core focus of the team is to provide consistent data capture related to alternative products and investments, and dissemination of the data to various downstream consumers. The GATS team is responsible for settlements, amendments/restructures and documentation globally and strives for superior client service. The team oversees, initiates and creates processes for new/non-standard transactions.
Role Responsibility Technical Expertise:
Credit: - Demonstrate product and functional knowledge of the syndicated loan and privates market to communicate with the business, trading counterparties and large/sensitive clients.
- Preferably 1-2 years of understanding the intricacies of the loan market and documentation driven transactions.
- Ability to interpret legal documentation and translate in the simplest 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.
- Liaise with Administrative Agents, Borrowers and Legal with regards to KYC documentation, including administrative details, tax and fund formation documents.
- Solid understanding of the maintenance and distribution of loan documentation inclusive of private and public amendments/ restructures and voting requirements with settled and trade date positions.
- Provide onboarding support for the data capture of alternative products and investment types, which includes sourcing data from legal documents and received from third parties, and coordinating input of data into internal systems.
- Assist in the design of the onboarding of alternative products and investments process, including design of investment/trade, cash management, valuation, PnL recognition and reconciliation processes and related system implementation.
- Assist in trading support and execution functions for private investment funds, including monitoring internal and external teams to ensure accurate and timely execution.
- Work with external service providers, internal team members and other BlackRock groups to transmit and receive product and asset related data, and resolve operational issues, as identified;
- Prepare process documentation and controls for the team s core responsibilities, and ensure they are updated and reviewed regularly.
- Participate in other group projects and initiatives.
The ideal candidate will have 2-5 years experience in the fields of finance, operations, accounting and/or administration with a focus on Loan Instruments. A master s degree in accounting or finance is preferred. In addition, we are looking for the following qualifications:
- Proficient in the financial industry in particular Fixed Income, Equity, Privates and Syndicated Loan Instruments
- 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.
- 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
- Technology focused with a think creatively mentality
- Knowledge of trading instruments and the settlement mechanics
- Strong analytical and organizational skills
- Financial degree required
- Flexible work hours
Our benefits .
Our hybrid work model
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About BlackRock
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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, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
Job Classification
Industry: Financial ServicesFunctional Area / Department: BFSI, Investments & TradingRole Category: Investment Banking, Private Equity & VCRole: Investment Banking AnalystEmployement Type: Full timeContact Details:
Company: PrimetraceLocation(s): Mumbai+ View Contact
Keyskills: Structured products Claims Fixed income Analytical Reconciliation Healthcare Cash management Risk management Private equity Monitoring
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Primetrace
Preqin was founded in 2003 and has since grown into a leading provider of financial data and information for the alternative assets industry. Clients rely on Preqins extensive database to perform due diligence, benchmark performance, conduct market research, and identify investment opportunities. ...
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