BlackRock Employment – Associate, Operational Due Diligence

Website Blackrock

Job Description:

BlackRock Alternative Advisors (“BAA”) is seeking candidates to join the Operational Due Diligence team, where they will have a wide array of responsibilities focused on evaluating operational risk and conducting reviews of hedge fund managers. Operational reviews include evaluating the hedge fund’s organizational structure, key personnel, control environment, policies and procedures, third-party service providers, and technology. The candidate will be responsible for performing assessments on new investment opportunities, ongoing monitoring of existing investments and meeting with experts across the industry, including C-suite and senior members of external hedge fund and service provider organizations.

Candidates should possess strong analytical and organizational skills, as well as a proven ability to work in a dynamic and collaborative environment across teams. Successful candidates should be driven, demonstrate outstanding attention to detail, excellent interpersonal skills, and have a passion for continuous development and improvement.

Job Responsibilities:

  • Organize and lead meetings with hedge fund C-suite executives (e.g. COO, CFO) and other senior management personnel.
  • Assist with client inquiries, reporting and meetings.
  • Conduct reviews of key hedge fund service providers such as fund administrators, third party valuation agents, compliance and IT consultants, prime brokers, etc.
  • Build a comprehensive understanding of the hedge fund and broader alternative investment industry by participating in events (e.g. conferences)
  • Participate in strategic projects and initiatives.
  • Coordinate, prepare, and conduct operational due diligence reviews on existing and potential hedge fund investments, including evaluations of hedge fund internal controls, operational support structure/personnel, trade processing environment, regulatory environment, compliance program, legal documentation, cash management procedures, valuation practices, NAV production, service providers, IT and cybersecurity, etc.
  • Perform operational assessments and present findings to the Investment Committee
  • Identify and deliver recommendations to external hedge fund managers.

Job Requirements:

  • Collaborative contributor who thrives in a global team environment
  • Drive to learn in a fast-paced work environment
  • Ability to multi-task
  • Critical and independent thinker with a solution-oriented mindset
  • Willingness to travel domestically and internationally
  • Programming (e.g. R, Python, etc.) and/or data visualization (e.g. Tableau) expertise, preferred not required
  • Bachelor’s degree (minimum)
  • Prefer at least 2 years of relevant experience, including public accounting, internal audit, alternative investments (e.g. hedge funds), etc.
  • Outstanding verbal and written communication skills
  • Outstanding analytical and organizational skills
  • Detail-oriented
  • Ability to work with individuals at all levels in the organization and contribute to the strategic direction of the firm

Job Details:

Company:  Blackrock

Vacancy Type:  Full Time

Job Location: Seattle, WA, US

Application Deadline: N/A

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