Mutual Fund Operations and Oversight Associate

at BlackRock in Wilmington, Delaware, United States

Job Description


About this role


Elevate your career by joining the world’s largest asset manager! Do you thrive in an environment that champions positive relationships and recognizes outstanding performance? We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $10 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.

Technology and Operations is responsible for the development of the firm’s operating infrastructure to support BlackRock’s investment businesses worldwide.

This role is based in BlackRock’s Wilmington, Delaware location. The successful candidate will be part of Transfer Agency Service (“TAS”), a global team supporting U.S. based mutual funds, money markets and registered alternative funds. The role is multi-functional with responsibility for collaborating with various teams across BlackRock to support the full life cycle of the funds including supporting the build out of an operating model specific to registered alternative funds. Additional responsibilities entail working closely with our transfer agent providers to ensure data integrity of shareholder trades and supporting the Portfolio Managers in understanding their day-to-day cash flows.


+ Partner with BlackRock technology teams to build scalable solutions and efficiently support new business opportunities in the registered alternatives space

+ Utilize automation tools to create reporting and streamline operational functions

+ Enhance current operating procedures to increase controls to mitigate risk

+ Oversee data flows from TAS service providers to ensure data integrity across BlackRock infrastructure

+ Vendor relationship manager for TAS providers responsible for the resolution of operational inquiries and issues, while proposing solutions to address emerging trends

+ Coordinate across the Firm to support fund launches, transitions and terminations and ensure that actions are being executed accurately at the Transfer Agent

+ Validate and accurately communicate large trade notifications to Portfolio Managers, including input and/or removal of large trades in the Aladdin Dashboard

+ Analyze invoices for accurate and timely payments to vendors, while identifying trends and proposing areas for possible cost savings

+ Review prospectuses and annual reports to ensure accuracy and provide direction on operational and transfer agent related information

+ Compile and review of reporting needed to satisfy regulatory requirements, internal client inquiries and performance calculations

+ Craft and update written procedures

+ Other tasks as assigned


+ 2-5 years, mutual fund or alternative fund operations experience and knowledge of transfer agency operations

+ Excellent organizational, communication and writing skills

+ Strong analytical skills with an ability to identify problems and develop solutions

+ Acute attention to detail, understanding of downstream processes and the ability to work independently

+ Demonstrate an affinity for teamwork and collaboration

+ Proficient Excel skills

+ Investment company and financial reporting experience a plus

+ Strong reconciliation skills a plus

+ Experience / Proficiency with Robotic Processing Automation strongly preferred

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.

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 | | Instagram: @blackrock ( | Twitter: @blackrock ( | LinkedIn:

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.

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Job Posting: JC212896055

Posted On: May 08, 2022

Updated On: Jun 23, 2022