Valuations Governance - Associate

BlackRock•Edinburgh, Scotland, UK

fulltime

Finance and Sales

2+ years

About the role

About This Role About BlackRock Elevate your career by joining the world's largest asset manager! Thrive in an environment that promotes 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 effectively engage your involvement in our success. With over USD $10 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.

Team Overview The Private Valuation Team within Alternative Operation supports the investment valuation function for private, illiquid investments acting as the interface between the investment professionals, external valuation providers, accounting outsource providers, auditors, and Global Fund Services. The team focuses on adding value by providing valuation oversight and coordination of valuations and supporting documentation.

Role Responsibility

Prepare valuation documentation for private equity, private debt and other alternative investments.
Support monthly and quarterly valuation cycles
Manage workflow of data to 3rd party valuation firms; working with investment teams to ensure all relevant information is incorporated into valuations.
Provide high quality client service externally and internally. Address inquiries, perform controls, problem solve, and mitigate risks for clients and internal BlackRock partners.
Initiate and help drive platform and process innovations to support expanding business needs, minimise risk, enhance quality, and navigate the changing markets.
Review and tie out of valuation templates received from third party service providers. Communicate any comments and coordinate sign off in coordination with Investment, Pricing and Fund Administration teams.
Review legal documents to determine rights associated with new securities purchased.
Prepare materials to be provided to the Valuation Committee and presenting findings to Pricing Committees and other management as necessary.
Liaison with independent auditors. Provide support for valuations and answer questions as necessary in a controlled and efficient manner.
Perform a review of fair value reporting provided by underlying managers and Co-Investment sponsors.
Operate as part of a global team.

Experience

Bachelor's degree is required, with preference to Accounting or Finance.
2 to 5 years relevant experience, private investment valuation experience preferred.
Solid understanding of ASC 820 and IFRS 13, familiarity with PWERM, OPM, and Current Value valuation techniques preferred.
Ability to work with and manage financial data and build summarised reports
Experience building, testing and implementing valuation models.
Natural standout colleague able to work in an innovative, ambitious, and fast paced environment while maintaining attention to detail.
Excellent verbal and written communication skills combined with agile critical thinking and a problem solving mindset.
Ability to quickly learn the intricacies of complex financial instruments.
Working knowledge of Bloomberg, Reuters, Interactive Data and MS Office Suite as well as SQL, Unix commands, PERL, etc. is an advantage.

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 | Twitter: @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.

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