Analyst / Associate Transaction Services (Loans) | Wilmington

BlackRock

3.4

(18)

Wilmington, DE

Why you should apply for a job to BlackRock:

  • 67% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 16 weeks paid leave for primary caregiver and 2 weeks paid leave prior to birth of baby.
  • Flexible time off; parental leave for birth or adoption; child, special needs and elder care support, fertility benefit program
  • Employee Assistance Program – free, confidential counseling; gender transition support; volunteering opportunities
  • #R246255

    Position summary

    umentation globally and strives for outstanding client service. The team coordinates, initiates and builds 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 Business leads, operations teams and senior leaders along 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 to communicate with the business, trading counterparties and large/sensitive clients effectively.

    • Maintain the investment book of record through daily cash and position reconciliations

    • 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

    • Preferably 3-4 years of understanding the intricacies of the loan syndicated market and documentation driven transactions.

    • Ability to interpret legal documentation and translate in to simpler terms

    • Preferred knowledge of vendor systems including, but not limited to, Solvas, Digitize, Wall Street Office and Clear Par

    • Maintain a solid understanding of all relevant portfolios and deal related documentation to ensure controls are in place and that guidelines are adhered to.

    • Collaborate closely with Administrative Agents, Borrowers and Legal regarding KYC documentation, including administrative details, tax and fund formation documents.

    • Proven 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.

    Client Service and Communication Skills:

    • Liaison for local custodians, borrowers and businesses to address timing challenges between EMEA and the US on confirmations, settlements, and funding.

    • Investigate and resolve closing and transactional issues and communicate all issues timely.

    • Participate in the review of the daily/weekly reports and metrics provided to management and the business to highlight status of trades and risks.

    • Participate in pivotal initiatives

    Experience

    • Strong Excel and problem solving skills
    • Proficient in the financial industry in particular Fixed Income, Equity, Privates and Loan Instruments
    • 2-6 years experience in asset management, fund accounting or similar industry
    • 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.
    • Able to work independently and in a team environment and proactively assume additional responsibilities.
    • Above all, the candidate should possess initiative and a willingness to contribute beyond the scope of one's role to achieve team and firm objective

    #EarlyCareers

    Our 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.

    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: https://www.linkedin.com/company/blackrock

    BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

    BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

    Why you should apply for a job to BlackRock:

  • 67% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 16 weeks paid leave for primary caregiver and 2 weeks paid leave prior to birth of baby.
  • Flexible time off; parental leave for birth or adoption; child, special needs and elder care support, fertility benefit program
  • Employee Assistance Program – free, confidential counseling; gender transition support; volunteering opportunities