Trade Clearance/Settlement, Associate

About this role

About BlackRock Alternatives & GAAPS

BlackRock’s Global Accounting and Product Services (GAAPS) supports over $200B in private market assets globally. The Alternatives Operations team enables dynamic investment strategies across private equity, Private credit, loan syndication, real estate, hedge funds, commodities, and structured products. Our integrated approach leverages BlackRock’s strengths in risk management, product development, client service, and operational excellence.

Team Overview

The Global Alternatives Transactions Services (GATS) team in Mumbai is part of the broader Global Alternatives Operations group. The team provides end-to-end middle office support for alternative investments, including trade capture, settlement, and data dissemination to downstream systems.

Key Responsibilities

• Manage transactional data for alternative products by sourcing from legal documents and third-party notices, and inputting into internal systems.

• Act as a Point of Contact for all external investment managers with regards to life cycle of our deals.

• Contribute to the design and implementation of onboarding processes for new investments, including trade lifecycle, cash management, valuation, PnL recognition, and reconciliation.

• Assist in trade execution and authorize cash payments to external fund managers.

• Perform cash and asset reconciliations between internal systems (e.g., Aladdin) and custodians.

• Ensure relevant controls are in place and are being diligently adhered to by the team members to operate in a risk-controlled environment.

• Provide requisite oversight on daily and Adhoc process and assist the team in dealing with issues, escalations and complicated scenarios.

• Collaborate with external service providers and internal teams to exchange product and asset data and resolve operational issues.

• Maintain and regularly update process documentation and control frameworks.

• Engage in cross-functional initiatives and group-level projects.

Qualifications & Experience

• Education: Bachelor’s degree in Accounting or Finance preferred.

• Experience: 5–7 years in operations, data management, accounting, or administration, with a focus on alternative investment funds.

Skills:

• Strong written and verbal communication.

• Attention to detail

• Analytical and problem-solving capabilities.

• Deep understanding of alternative investment products (hedge funds, structured products, private equity).

• Leadership and team collaboration.

• Proficiency in Excel.

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: 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.