This role pays less than
80%
of similar roles. Most pay
$117,864–$169,050
— the shaded band above.
At the midpoint, this role pays about
$111k
versus about
$143k
for comparable roles.
Based on 240 similar postings.
Employer
About Blackrock
BlackRock is the world''s largest asset management firm, providing investment management, risk management, and advisory services to institutional and retail clients through its Aladdin technology platform. Industry: Asset Management & Financial Services
Blackrock currently has
81 open roles
on FindRole.
Listed pay typically runs
$147,500–$195,000
across 77 roles with salary data.
The Private Equity Operations (Associate) joins the FAIR team to lead analytical delivery, client engagement, and operational execution across the Americas. This role focuses on scaling private markets capabilities by providing high-quality insights regarding management fees, expenses, and carried interest. The Associate will oversee report validation, interpret complex documentation like limited partnership agreements and capital account statements, and manage regional delivery teams while designing scalable workflows for data extraction. Key responsibilities include serving as a primary point of contact for clients, translating technical fee structures into actionable information, and partnering with product teams to drive automation. Required skills include advanced Excel capabilities, deep knowledge of U.S. private market fund structures, and experience in fund accounting or investment analytics. The role solves the challenge of providing transparency and clarity within complex private equity fee models and investor reporting requirements.
Validate and review reports regarding management fees, expenses, and carried interest for private equity investments.
Interpret complex legal documentation including limited partnership agreements and financial statements to provide technical expertise.
Manage Americas-based delivery teams to ensure accuracy, timeliness, and adherence to service-level expectations.
Design and optimize scalable workflows for data extraction, validation, and reporting across diverse fund structures.
Serve as the primary point of contact for clients to manage relationships and deliver actionable insights.
Partner with product and engineering teams to drive automation and platform innovation.
Lead and develop high-performing teams through coaching, hiring, and capacity planning.
What we're looking for
Must have 3-5+ years of experience in private equity operations, fund accounting, audit, investment analytics, or private markets product/structuring roles.
Must possess hands-on expertise with limited partnership agreements, capital call and distribution data, and fund financial reporting.
Must have experience managing client delivery and cross-regional teams.
Must demonstrate a deep understanding of private equity structures, fee arrangements, and carried interest.
Must possess advanced Excel and data skills with high attention to detail.
Must be able to translate complex technical analysis into clear, actionable insights for clients.
Must have proven ability to lead team development, process transformation, and automation initiatives.
Professional certifications such as CPA, CFA, CAIA, or ACA are preferred.