Private Equity Operations (Associate)
BlackRock
Dallas, TXPosted about 1 month agoDiscoveredMatch locked
3+ years expAccounting and Finance
About this role
Role Overview
The FAIR team is seeking a Associate to lead analytical delivery, client engagement, and operational execution across the Americas. This individual will play a key role in scaling FAIR's private markets capabilities and delivering high-quality insights to clients and internal stakeholders.
As an Associate within the FAIR team (Americas), you will lead the delivery and evolution of FAIR's analytical capabilities across North America, partnering closely with clients, product, and global FAIR teams.
You will combine deep expertise in private markets fee structures with operational leadership, client engagement, and process innovation to deliver high-quality insights on management fees, expenses, and carried interest.
This role requires a leader who can b ridge technical fund analysis with strategic client impact, while scaling FAIR operations across a complex and high-growth regional portfolio.
Key Responsibilities
Analytical Leadership & Technical Expertise
- Oversee the review and validation of FAIR reports covering management fees, expenses, and carried interest across private equity and alternative investments.
- Interpret complex documentation including limited partnership agreements, financial statements, capital account statements, and transaction notices.
- Act as a subject matter expert on U.S. private market fund structures, fee models, and carry waterfalls
- Ensure consistent application of FAIR methodologies while identifying enhancements based on market practices and client feedback
Regional Operations & Delivery Management
- Lead Americas-based delivery teams, ensuring adherence to service-level expectations for accuracy, timeliness, and completeness.
- Design and optimize scalable workflows for data extraction, validation, and reporting across diverse fund structures.
- Implement governance frameworks, KPIs, and quality controls to enhance operational efficiency and risk management.
- Partner with product and engineering teams to drive automation and platform innovation across FAIR processes.
Client Engagement & Commercial Ownership
- Serve as the primary point of contact for Americas clients, managing senior stakeholder relationships and ensuring high-quality delivery.
- Lead client presentations, translating complex fee structures into clear, actionable insights.
- Support growth through client expansion opportunities, renewals, and new mandates within the AMRS region
- Maintain strong oversight of client pipelines, deliverables, and deadlines
Strategic & Product Contribution
- Partner with global FAIR and product teams to evolve methodologies, tools, and reporting capabilities
- Bring a market-informed perspective on private markets trends, including fee transparency and investor reporting expectations
- Contribute to broader Private Markets and PDS strategy by aligning FAIR outputs with client needs and platform development.
Leadership & Team Development
- Lead and develop high-performing teams across the Americas, providing coaching, feedback, and career development.
- Manage hiring, capacity planning, and team structure in line with regional growth priorities
- Foster a culture of accountability, collaboration, and continuous improvement
- Drive performance against KPIs and enhance team technical capability
Qualifications
Experience
- 3-5+ years in:
- Private equity / private markets operations
- Fund accounting, audit, or investment analytics
- OR private markets product / structuring roles
- Hands-on expertise with:
• Limited partnership agreements, capital call and distribution data, and fund financial reporting
.
- Experience managing
client delivery and cross-regional teams
Core Skills
- Deep understanding of:
- Private equity structures, fee arrangements, and carried interest
- Financial statements and investor reporting
- Strong analytical rigor with
high attention to detail
.
- Advanced Excel/data skills
- Ability to
translate technical analysis into client-facing insights
Leadership & Commercial Capabilities
- Demonstrated leadership of teams in complex, client-facing environments.
- Proven ability to drive
process transformation, automation, and scalability initiatives
.
- Strong stakeholder management across:
- Clients
- Product / Engineering
- Senior management
Preferred Qualifications
- Professional certifications such as CPA, CFA, CAIA, ACA, or equivalent credentials.
- Experience with
U.S. private markets ecosystem and investor requirements
- Exposure to
product strategy, structuring, or platform development initiatives
For Dallas, TX Only the salary range for this position is USD$95,000.00 - USD$127,500.00 . 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
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents 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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided
guidance
on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law.
pay transparency statement.
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/adjustments 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.
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Skills
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