Description
The Transition Services function at BlackRock provides operational support to the Transition Investment Management team, delivering client portfolio restructuring events across the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.
As an Associate within Transition Services, you will support the successful execution of client portfolio restructuring activities, including cash and securities transfers, in-kind contributions and redemptions, and collective investment vehicle transitions.
Your responsibilities:
- Partner with custodians, external fund managers, fund accountants, and transfer agents to coordinate and execute portfolio transfer activity.
- Maintain accurate operational records and monitor settlement of security and cash movements.
- Collaborate with Transition Managers, Portfolio Managers, clients, consultants, and service providers to support investment decisions and project delivery.
- Oversee transition related risks by tracking corporate actions, compliance rules, and in-flight trades.
- Maintain audit-ready records, manage key counterparty relationships, and identify operational improvement opportunities.
Your experience:
- Relevant experience within transition management, custody, or investment operations.
- Experience supporting transition management, collective investment vehicles, and portfolio restructuring activities.
- Strong understanding of free-of-payment transactions, settlement processes, SWIFT messaging, and associated market taxes and fees.
- Knowledge of cash and securities reconciliations, corporate actions, and market transferability requirements.
- Strong analytical, quantitative, and problem-solving skills with proficiency in Microsoft Excel.
- Strong interpersonal, communication, and stakeholder management skills.
- Demonstrated ability to work independently, manage competing priorities, and deliver high-quality outcomes under tight deadlines.
- Business level in Japanese and English.
Our benefits:
- A strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Our hybrid work model:
- 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.