Vice President, Alternatives Client Platform - Private Credit Lead

Budapest, Hungary
Jun 01, 2023
Jun 17, 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

About this role

About BlackRock Alternatives

Charged with establishing BlackRock as clients' preeminent partner in alternative investing globally, BlackRock Alternatives is one of the top five largest alternative asset managers in the world today. We are active in all asset classes and connect them in ways other firms can't match, operating on an integrated platform consisting of real estate, infrastructure, credit, private equity, and hedge funds. Our scale means we offer expertise and access unique to BlackRock, and you'll collaborate with teams across our firm in unexpected ways. As part of a key growth engine for the firm, you'll be invited to continue building the platform that is shaping the future of Alts investing by creating and evolving innovative investment ideas and tech solutions on a team that continuously outperforms - setting new standards.

Grow your career with the firm that's building tomorrow's alternatives platform, backed by a purpose that drives positive outcomes for our clients, our investments, and the communities we serve.

Alternatives Client Platform

Alternatives Client Platform in Budapest serves as one of the major hubs to support the coordination and administration of the investor communication programme to ensure a best in class client experience. This team is responsible for a wide range of activities, including production of client and fund reports, marketing collateral and presentations, maintaining platform data and analytics and the roll out of new technologies to create a scalable platform. We are seeking a high-energy, self-motivated individual to support the team. This individual must be comfortable working in a fast-paced environment, responsible for managing multiple deliverables and tasks concurrently. The role represents an opportunity to learn Alternatives asset classes and grow your career at BlackRock, the pre-eminent global asset manager.

Key responsibilities

Strategy and Standardisation
  • Create, drive and oversee strategic initiatives for Private Credit to address existing process and data challenges and to streamline and standardise processes
  • Continuously challenge the status quo and critically assess opportunities for standardization across the various business lines (Pods)
Team management
  • Responsible for overseeing all Private Credit Pods' activity
  • Build the bridge with ACP Leadership
  • Identify and develop the next level of talent for Private Credit team
  • Advise PodLeads on most efficient workload allocation, team issues, stakeholder escalations
  • Address issues within the Pod by leveraging PodLead best practices
  • Responsible for using expert judgment to apply tactical shifts on team's task allocation
  • Support the career growth of individuals within Private Credit, engage in development planning conversations in regular 1o1 sessions with everyone in the team.
  • Be the point person for escalations related to BAU activities
  • Identify and develop the next level of talent for Private Credit team
Stakeholder management
  • Build and maintain a strong relationship with key stakeholders, primarily but not limited to Product Strategy, CorePM, Portfolio Managers and Investement teams.
  • Be a trusted partner and advisor for all startegic conversations (e.g. potential new fund launches)
Controls and Governance
  • Establish and maintain a robust control framework that ensures all materials sent to the clients and key stakeholders are of an outstanding quality.
Project management
  • Drive and execute projects set out by ACP Credit Head and ACP Leadership. Establish KPIs, track key milestones, assign resources and escalate any potential issues to Leadership.
  • Actively look for new ways to further automate and enhance our processes.
  • Work closely with Liquid Credit Lead to ensure consistency
  • Maintain an ongoing dialogue with other asset class leads with an aim of
    • Sharing institutional knowledge and best practices
    • Connecting pods to broader ACP objectives and provide context as to where each pod is on its journey
    • Supporting people management challenges and creating a safe space for discussing talent
  • Participate in site level initiatives to create opportunities for ACP Private Credit to connect with other teams and also to support the site level objectives
Client reporting and Fundraising support
  • Oversee all activities related to Client reporting and Fundraising support to ensure we comply with all our commitments
  • Action and resolve all issues escalated by the Pod Leads
  • Own the preparation, quality control and distribution of the Quarterly Investor Reports.
  • Be an expert on current mandates' client composition and structure in order to provide a best-in-class experience for existing investors
Experience & skills
  • BA or MA in Finance or related area is preferred.
  • At least 8 years of work experience, preferably in a related field.
  • Proven track record of managing a large teams.
  • Fluency in written and spoken English is essential
  • Outstanding team management skills
  • Strong interpersonal skills with ability to communicate effectively at all levels
  • Strategic thinking
  • Good team player, ability to manage large teams
  • Meticulous attention to detail
  • Analytical ability to synthesize information and summarize issues
  • Desire to learn the investment management industry
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 3 days in the office each week, with the flexibility to work from home up to 2 days a week; some business groups may require more time in the office due to their roles and responsibilities. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. 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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

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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