Full-Time

Vice President

Transfer Agency Oversight, Alternative Products

Posted on 12/20/2024

BlackRock

BlackRock

Data & Analytics
Fintech
Financial Services

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA + 1 more

More locations: Wilmington, DE, USA

Employees must work at least 4 days in the office per week, with 1 day of flexibility to work from home.

Category
Asset Management
Finance & Banking
Requirements
  • Undergraduate degree in finance, economics, business, or a related field.
  • A comprehensive understanding of sophisticated financial products, including alternative investments.
  • Minimum of 5 years management experience in the asset management industry.
  • A deep understanding of intermediary and transfer agency operations, including AIP processing.
  • Prioritize relationship management skills – the ability to work with senior leadership, key clients, and internal teams.
  • Seek opportunities for enhancements or service initiatives and bring to completion.
  • Possess advanced Excel skills, including ability to write macros.
  • Maintain strong interpersonal and customer service skills.
  • Work both independently and in a group environment.
  • Be detail-orientated as well as possess a sense of ownership.
Responsibilities
  • Specialize in all aspects of a designated set of alternative investments, including tender offer funds, interval funds, REIT funds, and business development companies.
  • Lead a team supporting Registered Alternative funds.
  • Partner with transfer agents, intermediary partners, technology teams, sales, and relationship teams to ensure a superior client experience.
  • Maintain a robust control environment by proactively analyzing errors and issues to see opportunities for process improvement at the transfer agents or within BlackRock and implement corrective action plans to prevent recurrence.
  • Understand the product offerings and successfully deliver outstanding client service.
  • Understand operational workflow of Alternative products.
  • Knowledge of DTCC/NSCC Mutual fund processing and AIP processing.
  • Conduct on-site operational visits (Health checks) with key transfer agents supporting BlackRock products.
  • Participate in the agreement process with Contracts and Admin team to ensure operational capabilities for all supported products.
  • Maintain a team environment passionate about risk and controls.
  • Engage transfer agents and internal oversight teams to improve services and resolve open issues affecting intermediaries.
  • Own the build out of operational support for new products.
  • Ability to analyze new business requirements, and how to implement them within Transfer Agent Vendor and internally at BlackRock.
  • Use a proactive approach to continuous process improvements, collaborating across teams and functions and purposefully drive improvements and adoption of changes.

Company Stage

IPO

Total Funding

$72.8B

Headquarters

New York City, New York

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased interest in Bitcoin could lead to new product offerings and partnerships.
  • The RWA tokenization trend may attract tech-savvy investors to BlackRock.
  • Focus on sustainable investing appeals to socially conscious investors, despite legal challenges.

What critics are saying

  • Backlash from Bitcoin enthusiasts may harm BlackRock's reputation in the crypto community.
  • A lawsuit alleging anticompetitive practices could lead to financial penalties.
  • Instability in blockchain partnerships, like Aptos Labs, may affect related initiatives.

What makes BlackRock unique

  • BlackRock is the world's largest asset manager, providing unmatched scale and resources.
  • Their strategic move into Bitcoin highlights a willingness to embrace emerging financial technologies.
  • Partnerships with blockchain firms like Aptos Labs showcase a commitment to innovation.

Help us improve and share your feedback! Did you find this helpful?