What are the responsibilities and job description for the Associate, Trade Clearance/Settlement - Princeton position at BlackRock?
About This Role
About BlackRock
Since 2000, BlackRock has delivered Investment Accounting and Middle Office services, supporting a diverse client base with approximately $2.7 trillion in assets across 250,000 positions. Our team processes over 300,000 trades and reconciles more than 1 million transactions annually across 1,700 portfolios. To enhance scalability, mitigate risk, and deliver exceptional client experiences, we established Outsourced Platform Services (OPS).
At the heart of our outsourced services are the functional teams that support our clients’ portfolios, assets & transactions daily.
Team Overview
BlackRock’s Outsourced Platform Services (OPS) provides global middle- and back-office support for BlackRock Solutions’ outsourcing business, encompassing trade support, transaction servicing, collateral management, data governance, payments, corporate actions, reconciliations, alternative operations, and investment accounting—delivering operational excellence worldwide.
Global Client Alternative Services (GCAS), a specialized team within Tech & Ops under OPS, ensures the integrity of cash and position data for middle-office clients and delivers comprehensive outsourcing solutions for Aladdin clients investing in Alternatives and Private Markets. Lead global collaboration, supervise Private and Alternative assets, engage clients, perform daily IBOR reconciliation.
This role necessitates proficiency in reconciliation, exception management, and client service, improved by adept problem-solving, data analysis, and operational improvement capabilities. Additional responsibilities include maintaining documentation, supporting management initiatives, and driving operational efficiency.
Role Responsibilities
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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
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.
About BlackRock
Since 2000, BlackRock has delivered Investment Accounting and Middle Office services, supporting a diverse client base with approximately $2.7 trillion in assets across 250,000 positions. Our team processes over 300,000 trades and reconciles more than 1 million transactions annually across 1,700 portfolios. To enhance scalability, mitigate risk, and deliver exceptional client experiences, we established Outsourced Platform Services (OPS).
At the heart of our outsourced services are the functional teams that support our clients’ portfolios, assets & transactions daily.
Team Overview
BlackRock’s Outsourced Platform Services (OPS) provides global middle- and back-office support for BlackRock Solutions’ outsourcing business, encompassing trade support, transaction servicing, collateral management, data governance, payments, corporate actions, reconciliations, alternative operations, and investment accounting—delivering operational excellence worldwide.
Global Client Alternative Services (GCAS), a specialized team within Tech & Ops under OPS, ensures the integrity of cash and position data for middle-office clients and delivers comprehensive outsourcing solutions for Aladdin clients investing in Alternatives and Private Markets. Lead global collaboration, supervise Private and Alternative assets, engage clients, perform daily IBOR reconciliation.
This role necessitates proficiency in reconciliation, exception management, and client service, improved by adept problem-solving, data analysis, and operational improvement capabilities. Additional responsibilities include maintaining documentation, supporting management initiatives, and driving operational efficiency.
Role Responsibilities
- Apply extensive knowledge in loan and private markets, including project finance, structured credit, real assets, and syndicated loans, to establish strong connections with collaborators, customers, interested parties, participants, partners, and team members.
- Review and interpret complex legal documentation, translating key terms into clear, actionable steps.
- Support settlement processes across a wide range of instruments, including syndications, secondary trades, CLOs, restructurings, infrastructure debt, renewable power, real estate debt, and trade claims.
- Partner with internal and external teams to ensure accuracy and integrity of the Investment Book of Record (IBOR).
- Maintain thorough knowledge of portfolios and deal documentation to uphold control standards and meet regulatory requirements.
- Lead initiatives to automate processes and strengthen controls, improving efficiency and reducing operational risk.
- Resolve cash, position, and transaction discrepancies with precision and urgency.
- Apply working knowledge of loan systems to enhance operational workflows.
- Manage several priorities in a fast-paced environment while paying attention to detail and meeting deadlines.
- Contribute to innovation at the intersection of private markets and operations, supporting BlackRock’s mission to deliver scalable, risk-aware solutions.
- Experience of 3–6 years in loan operations, including hands-on involvement in settlements, reconciliations, and transaction-related documentation.
- Strong understanding of private credit, real assets, and project finance.
- Strong communication skills and proficiency in delivering outstanding service, proven by a track record of encouraging reliable connections.
- Broad knowledge of banking and investment management, including alternatives such as private credit, bank loans, credit strategies, registered funds, and financial institutions.
- Proven ability to perform under pressure in high-volume, high-risk environments.
- Self-motivated and collaborative, with a proactive approach to taking on new responsibilities.
- Skilled at managing competing priorities while staying dedicated to goals and deadlines.
- Good judgment and decision-making skills, with a willingness to seek clarity when needed.
- Comfortable working in diverse teams that value different perspectives and problem-solving styles.
- Advanced proficiency in Microsoft Excel; familiarity with loan-centric systems is a plus.
- Solid understanding of trading instruments and settlement processes.
- Strong analytical and organizational skills, with a dedication to accuracy and efficiency.
- Demonstrates initiative and a team-first approach, contributing beyond core responsibilities.
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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
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.
Salary : $95,000 - $127,500