Associate, Trade Clearance/Settlement - Princeton

About this role YOUR TEAM BlackRock's Outsourced Platform Services (OPS) delivers global middle- and back-office support across trade support, transaction servicing, collateral management, data governance, payments, corporate actions, reconciliations, alternative operations, and investment accounting.

The organization is focused on delivering scalable operational excellence for clients worldwide. Within OPS, the Global Client Alternative Services (GCAS) team supports middle-office clients and provides outsourcing solutions for clients investing in alternatives and private markets.

The team works across global locations to manage risk, support client engagement, maintain the integrity of cash and position data, and deliver strategic operational initiatives. YOUR ROLE AND IMPACT As an Associate within Trade Clearance & Settlement, you will help support the operational lifecycle of private market and loan transactions while contributing to the accuracy, integrity, and efficiency of critical client processes.

You will partner with internal and external stakeholders to facilitate settlements, resolve exceptions, and strengthen operational controls. This role offers the opportunity to work at the intersection of private markets, operational excellence, and process innovation while helping deliver scalable solutions for clients.

YOUR RESPONSIBILITIES In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and embrace the curiosity to explore new approaches and technologies while challenging outcomes.

The scope of this role also includes the following responsibilities: Apply expertise in loan and private market products, including project finance, structured credit, real assets, and syndicated loans, while partnering with clients, counterparties, borrowers, and agents.

Interpret complex legal documentation and translate key provisions into operational requirements and actionable insights. Support settlement activities across a broad range of products, including syndicated loans, private markets, collateralized loan obligations (CLOs), infrastructure debt, real estate debt, restructurings, and trade claims.

Collaborate with internal and external teams to maintain the integrity and accuracy of the Investment Book of Record (IBOR). Maintain a comprehensive understanding of portfolios and deal documentation to support effective controls and regulatory compliance.

Drive process improvement, automation, and control enhancement initiatives that improve efficiency and mitigate operational risk. Investigate and resolve cash, position, and transaction discrepancies while successfully managing multiple priorities in a dynamic environment.

YOUR EXPERIENCE 3–6 years in loan operations or similar expertise in settlements, reconciliations, and documentation-driven transaction processing. Strong understanding of private credit, real assets, project finance, and alternative investment products.

Excellent communication and client service skills with the ability to build and maintain strong relationships. Knowledge of banking, investment management, and alternative asset operations. Demonstrated ability to manage competing priorities and deadlines in dynamic operational environments while maintaining a high degree of accuracy.

Strong analytical, problem-solving, and organizational skills with attention to detail. Demonstrated ability to work independently and collaboratively while contributing to team and organizational objectives. Advanced proficiency in Microsoft Excel; familiarity with loan processing platforms is advantageous. 
For Princeton, NJ Only the salary range for this position is USD$95,000.00 - USD$127,500.00 .

Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
 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. Guidance on AI use for candidates At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients.

We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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. To learn more about BlackRock, please visit Careers.BlackRock.com .

We also encourage you to get to know us on LinkedIn , Instagram , YouTube , X , and TikTok . 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.