Associate, Private Credit/PEP Quality Control Financial Reporting, PFS

About This Role

HPS Investment Partners, a part of BlackRock, is a leading global, credit-focused alternative investment manager. The company manages various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of the platform offer flexibility to invest in companies large and small, through standard or customized solutions. HPS was established in 2007 as a unit of Highbridge Capital Management, LLC (“HCM”), a subsidiary of JPMorgan Asset Management (“JPMAM”).

Position Description

The Fund Reporting Associate will support the coordination, execution, and quality of financial and regulatory reporting activities for Private Credit funds. This role works closely with fund accountants to ensure accurate and timely delivery of reporting requirements.

Responsibilities

• Support coordination and execution of the annual financial statement audits for US Credit Funds, consisting of ~100 separate financial statements
• Partner with Fund Accounting, Finance, Operations, Legal, Compliance, Tax, and business teams
• Cook up with fund administrators, custodians, and other third-party service providers
• Maintain and enhance financial reporting processes and controls. Identify opportunities for process improvement and automation
• Support strategic projects and business initiatives as required

Candidate Profile

• 3-5 years of relevant experience in an accounting role
• Knowledge of US GAAP and investment company reporting requirements preferred
• Asset Management experience preferred
• Accounting degree preferred
• CPA or equivalent preferred
• Proficiency in Microsoft Excel
• Demonstrated ability to work independently with minimal supervision
• Ability to work effectively across jurisdictions
• Client service mentality toward both internal and external stakeholders

Pay and Benefits

• For New York, NY Only the salary range for this position is USD$105,000.00 - USD$120,000.00 . 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.
• For Princeton, NJ Only the salary range for this position is USD$105,000.00 - USD$120,000.00 . 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

• Comprehensive healthcare
• Leave benefits
• Retail benefits
• Retirement benefits
• Flexible Time Off (FTO)

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.