Director, Alternatives Client Services Data - Atlanta

BlackRockAtlanta, GA
2d$185,000 - $250,000Hybrid

About The Position

About this role About BlackRock Elevate your career by joining the world’s largest asset manager! Thrive in an environment that fosters 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 effectively 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. Team Overview Grow your career with the firm that’s building tomorrow’s alternatives platform, backed by a purpose that drives positive outcomes for clients and the communities we serve. The Alternatives Client Services (ACS) team support all of BlackRock’s privately placed alternatives products, including hedge funds, fund of hedge funds, private credit, private equity, and real asset funds from the time of investor onboarding throughout the life cycle of the fund. ACS is primarily responsible for investor onboarding, report distribution, transfer agency oversight and investor queries as well as internal and external reporting and client data management. Responsibilities for this position will include management of the regulatory reporting requirements where investor data is required including FormPF/PQR, Dodd Frank and AIFMD. ACS is also responsible for overseeing the FATCA/CRS reporting and ensuring the proper process in place to collect all tax forms during onboarding. This person will also be responsible for the future state of client data and migration of the data to the end state technology. This role will also include additional projects that involve digital client onboarding of sub docs and improvement of the AML/KYC process. This position involves interaction with departments and business lines across the firm and offers an opportunity to join a fast paced and growing business within BlackRock. The successful candidate will be pro-active and flexible, will demonstrate initiative with a drive to succeed both as an individual and as a team.

Requirements

  • Proven experience in a dynamic, deadline orientated, operational/ client service role with expertise in Alternative private funds
  • Participate and lead projects across the department, particularly those which look to mitigate risk, improve operating efficiency, and deliver exceptional client service
  • Ability to organize and analyze investor and portfolio data
  • The successful applicant will be self-motivated, proactive and able to change directions quickly
  • Ability to communicate clearly and concisely, both orally and in writing, at all levels
  • High attention to detail, ability to focus and take ownership of tasks until completion
  • Ability to identify problems and issues, work actively with others to resolve them and raise issues appropriately
  • Demonstrates team spirit, is prepared to assist colleagues and perform tasks that do not usually fall within their responsibilities.
  • Ensures accurate record keeping of work and shows excellent organizational skills

Responsibilities

  • Serving as the key partner for ACS on cross-functional internal working groups with respect to Tax and Regulatory reporting.
  • Acting as a Subject Matter Expert for the team on global regulations, such as AIFMD, FATCA, Common Reporting Standards, Dodd Frank (Form PF/PQR), Form D/Blue Sky, and other relevant country-specific regulations.
  • Participate in the research and implementation of new and revised reporting requirements, and/or the evaluation of regulatory requirements for new products/transactions
  • Develop a documented understanding of current platforms, opportunities for improvement and plan for implementation of the future model.
  • Gather understanding of users of underlying client data including reporting platforms, regulatory reporting and internal team members to assist with future state plan and identify and roadblocks or limitations.
  • Partner with legal and tax to develop a new standard subscription document that can be used for a digital tool.
  • Lead the project management and testing of the integration on investor onboarding process to a digital tool. This may also include partnering with our external transfer agents on the process and defining the workflow for onboarding and AML/KYC review.

Benefits

  • employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits
  • strong retirement plan
  • tuition reimbursement
  • comprehensive healthcare
  • support for working parents
  • Flexible Time Off (FTO)
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