Associate, Private Market & Alternatives Operations

About this role   Team Overview   BlackRock’s  Outsourced Platform Services (OPS)  provides global middle and back office support for BlackRock Solutions’ outsourcing business, including trade support, transaction servicing, collateral management, data governance, payments, corporate actions, reconciliations, alternative operations, and investment accounting. The team is focused on delivering scalable, controlled, and high-quality operational support for clients.  Global Client Alternative Services (GCAS) , a specialized team within Tech & Ops under OPS, helps ensure the integrity of cash and position data for middle office clients and supports Aladdin clients investing in alternatives and private markets. The team partners globally on strategic initiatives and supports private and alternative asset workflows, including client engagement and daily IBOR reconciliation to help manage risk and client exposure.  This role demands expertise in reconciliation, exception management, and client service, complemented by strong problem-solving, data analysis, and process improvement skills. Additional responsibilities include maintaining documentation, supporting management initiatives, and driving operational efficiency.

Overview  The Associate will support private markets and alternatives operations across reconciliation, settlement, exception management, documentation review, and client service. The role requires strong operational judgment, attention to detail, and the ability to partner across internal teams, external counterparties, and clients to maintain accurate IBOR data and manage operational risk.

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.

The ideal candidate will have 5–10 years of experience in loan operations or similar expertise in settlements, reconciliations, and documentation-driven transactions. The candidate should also have a strong understanding of private credit, real assets, and project finance.  Additional qualifications include:  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