BlackRock Manager Research, Operational Due Diligence, Associate
About the position BlackRock's Manager Research Operational Due Diligence team is looking for an Associate to join our team in New York. BlackRock Manager Research (“BMR”) is a global team that drives innovation in selecting the best investment managers across public and private markets. Whether it's hedge funds or mutual funds, private credit or real estate, we help build portfolios that perform - using innovative methods to identify the top players in the industry. BMR is organized into three expert pillars: Investment Due Diligence (IDD), Operational Due Diligence (ODD), and Quantitative Due Diligence (QDD), where we analyze data, trends, and strategies to ensure our clients' investments thrive. As part of BlackRock's Multi-Asset Strategies & Solutions (MASS) group, you'll be at the heart of how we approach asset allocation, portfolio construction, and active management. With over $1 trillion in assets under management, MASS is where innovation meets execution in delivering results for BlackRock clients globally. Responsibilities • Conduct operational due diligence reviews on existing and prospective investments, including evaluations of internal controls, operational support structure, personnel, trading infrastructure, regulatory environment, compliance program, financing arrangements, cash management procedures, valuation practices, NAV production, service providers, IT and cybersecurity. • Perform operational assessments and present findings to the Investment Committee. • Deliver recommendations on best practices to external investment managers and internal partners. • Coordinate and participate in meetings with C-suite executives (e.g. COO, CFO) and other senior management personnel. • Contribute to client engagement efforts and ongoing servicing. • Conduct reviews of key industry service providers such as fund administrators, third party valuation agents, compliance and IT consultants, prime brokers. • Assist with legal fund documentation review and negotiations. • Build a comprehensive understanding of investment strategies and asset classes through independent research, engagement in the industry and across the Firm. • Drive initiatives and projects focused on process enhancement and emergent industry trends. Requirements • 3-5 years of experience is great but not crucial - we're more interested in your curiosity and passion for investments. • Outstanding academic credentials in Finance, Economics, Mathematics, Engineering, or similar fields. • Commitment to personal growth, such as pursuing CFA or CPA. • Articulate and confident communication skills, ready to present ideas to teammates and senior leadership. • Ability to balance the big picture with the details and bring a sense of urgency. • Strong relationship-building skills to establish rapport and form meaningful connections. • Proficiency in Python, R, SQL, etc. Nice-to-haves • Willingness to travel domestically and internationally. Benefits • Strong retirement plan. • Tuition reimbursement. • Comprehensive healthcare. • Support for working parents. • Flexible Time Off (FTO). • Annual discretionary bonus. Apply tot his job