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 offers 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”). The HPS/BlackRock Transaction, completed on July 1, 2025, brought together BlackRock’s corporate and asset owner relationships with HPS’s diversified origination and capital flexibility. The combined platform, with more than 590 investment professionals and approximately 1,300 employees globally, offers broad capabilities across senior and junior credit solutions, asset-based finance, real estate, CLOs and GP-LP solutions.

Position Description

The Fund Reporting Associate supports 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.

• 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 & Benefits

• For New York, NY Only: USD$105,000.00 - USD$120,000.00
• For Princeton, NJ Only: USD$105,000.00 - USD$120,000.00
• Annual discretionary bonus
• Benefits including healthcare, leave benefits, and retirement benefits
• Pay-for-performance compensation philosophy
• Hybrid work model with at least 4 days in the office per week, with the flexibility to work from home 1 day a week
• Guidance on AI use for candidates

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.

Equal Employment Opportunity

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/job modifications 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.