Job Information
BlackRock Loan Services Associate in Edinburgh, United Kingdom
About this role
G AAPS Alternatives | Associate Loan Services | Edinburgh
About BlackRock
Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognises outstanding performance! We know you want to feel valued every single day and be recognised for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $9 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.
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified individuals without regard to race, colour, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
Team Overview
This team is part of the Global Client Alternatives Services (GCAS) team within Business Operations. GCAS is responsible for Trade and Data Support and Solutions, in partnership with BRS, FMA and Aladdin Clients on their implementation, middle office services and education for bank loans and private assets. The team coordinates, initiates and builds processes for new/non-standard transactions. In addition, the team provides relationship management and participates in external market initiatives. The candidate will require the skills to partner with Business partners across our platform which include Corporate Tax, Legal, Trading, Risk and Portfolio Compliance to facilitate private investment trades through their lifecycle.
Role Responsibility
Demonstrate product and functional knowledge of project finance, structured credit, real assets, and loan syndications in order to communicate with the business, agents, borrowers, and counterparties.
Support servicing activity of each investment including funding and documentation matters.
Investigate and resolve cash, position, and transactional issues timely.
Maintain a working knowledge of all deal related documentation to ensure controls are in place and guidelines are adhered to.
Collaborate closely with Administrative Agents, Borrowers and Legal with regards to KYC documentation, regulation requirements, tax, including administrative details.
Understand the maintenance and distribution of loan documentation including of private and public amendments/ restructures and voting requirements with settled and trade date positions.
Participate in the review of the daily/weekly reports and metrics provided to management and the business to highlight status of positions, defaults, and risks.
Participate in team projects to streamline and automate processes and tools to improve efficiency and controls
Proficiency of vendor systems supporting loans, such as Loan IQ, WSO, Sentry, Geneva, etc.
Experience
Preferably 3-6 years of understanding the intricacies of the loans’ market, real assets, project finance and documentation driven transactions.
Familiarity with the banking and investment management industry (experience with credit strategies, registered funds, financial institutions, separate accounts and various types of investors preferred).
Excellent communication and client service skills.
Fluency in English language is required, French or German language would be beneficial.
Proficient in a high pace environment with large volume and high-risk transactions with a low tolerance for error.
Works independently or in a global team environment and actively seek additional responsibilities.
Highly proficient in Excel; knowledge of loan centric systems a plus
Outstanding academic achievement, broad based work experience, and demonstrated leadership experience
Financial degree required.
Above all, the candidate must possess initiative and a willingness to contribute beyond the scope of one's role to achieve team and firm objectives.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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, race, religion, sex, sexual orientation and other protected characteristics at law.