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ARS Operational Due Diligence, USA-NY-New York City
ARS Operational Due Diligence
Company: BlackRock Inc.  
Location:   USA-NY-New York City  
Compensation:   not disclosed  
Position Type:   Employee  
Employment type:   Full time  
Updated:   08 Jul 2008  
eFC Ref no:   349608  
 
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See job description below

BlackRock is one of the world’s largest publicly traded investment management firms. As of March 31, 2007, the assets under management of BlackRock were $1.154 trillion. The firm manages assets on behalf of institutions and individuals worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, a growing number of institutional investors use BlackRock Solutions® investment system, risk management and financial advisory services. Headquartered in New York City, the firm has approximately 5,000 employees in 18 countries and a major presence in key global markets, including the U.S., Europe, Asia, Australia and the Middle East. For additional information, please visit the Company’s website at www.blackrock.com

BlackRock Alternative Advisors is searching for a qualified individual to be responsible for operational due diligence activities in the New York metropolitan area. The successful candidate will report to the Head of Operational Due Diligence and Oversight function and will be integrally involved in performing on-site operational reviews, working with service providers and developing market intelligence sources.

Description

The candidate will contribute to all aspects of the Operational Due Diligence process. The Director’s responsibilities will include (but are not restricted to) the following:

  • Coordinate, prepare for, and conduct on site interviews with hedge fund managers CFOs, COOs, and other operational management and personnel
  • Perform on-site due diligence reviews on hedge fund operational support structure, internal controls, trade processing environments, process flows, and personnel
  • Review hedge funds’ legal documentation
  • Evaluate accounting and reporting processes and controls including cash management, pricing and valuation practices, and NAV analyses
  • Contribute to the evaluation of risk measurement, monitoring, and reporting environments
  • Prepare operational due diligence reports for communication to management
  • Develop market intelligence and industry best practice by liaising with fund administrators, prime brokers, external auditors, and attorneys
  • Review third party vendor relationships, agreement terms and perform on-site reviews of certain providers
  • Review compliance procedures of hedge funds
  • Requirements

    The ideal candidate will have a background in public accounting, preferably 4-5 years with a Big Four audit firm, or specialized firm serving hedge fund managers. He/she must also posses a minimum of 3-5 years experience with a hedge fund or fund of funds in an operational due diligence or back office/operational related role. CPA required, MBA, CFA and/or CAIA desirable. Other requirements include:

  • US auditing experience
  • Capacity to keep the strategic vision of a company in sight while paying attention to the details of day-to-day operations
  • Outstanding verbal and written communication skills
  • Outstanding analytical and organizational skills
  • Demonstrated track record of sound and accurate judgment
  • Self-directed with a hands-on, “roll up the sleeves”, approach
  • Collaborative contributor who thrives in a team environment
  • Naturally aligned with a defined set of key corporate values, including excellence, customer care, leadership, integrity and teamwork
  • This position will be based in New York
  • With an entrepreneurial approach that encourages high performers to contribute and grow, BlackRock is emerging as an employer of choice in the investment management and technology arenas.

    Qualified candidates may email their resume to

    http://tbe.taleo.net/NA6/ats/careers/requisition.jsp?org=BLACKROCK&cws=1&rid=557

    BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer—M/F/D/V.

    Skills

    See Job Description.

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    Company:
    BlackRock Inc.
    Recruiter Ref:
    557

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