BlackRock · 1 day ago
Associate, Billing Operations-SpiderRock Advisors
Chicago, IL
Full-time
Hybrid
New Grad, Entry Level
$95K/yr - $128K/yrBlackRock is a leading investment management firm dedicated to helping people achieve financial well-being. They are seeking a detail-oriented Associate to join their SpiderRock Advisors Operations and Billing team, responsible for supporting various billing processes and enhancing operational efficiency.
Asset ManagementCrowdfundingFinancial ServicesFinTechReal Estate Investment
Responsibilities
Support daily, monthly, quarterly, and annual billing processes within the team’s service-level agreement by following established procedures and policies
Ensure the accurate mass generation of client invoices each week and in bulk each quarter, as well as the correct debiting of all associated client accounts
Provide exceptional, personalized service to external partners, ensuring their needs are met with the highest level of attention and care. This includes proactive communication, timely resolution of issues, and a commitment to exceeding their expectations
Monitor, escalate, and proactively manage the accounts receivable process, ensuring the timely collection and reconciliation of any outstanding funds owed to the firm
Act as a deep subject matter expert by leading discussions, providing solutions, and driving operational excellence. Identify and lead operational improvement opportunities that reduce risk, increase efficiency and controls, achieve scalability for the SpiderRock Advisors Billing team, and ultimately improve client experience
Support various projects, including automation/standardization efforts and the evolution of standard deliverables. Lead initiatives to improve our operating model by collaborating with internal business and technology partners, ensuring continuous enhancement of processes and systems
Learn and master multiple systems to understand their functionalities and work towards consolidating workflows. This includes identifying overlaps, streamlining processes, and ensuring seamless integration to enhance overall efficiency and productivity
Continuously seek to learn and understand how our responsibilities and processes integrate into the broader BlackRock and SMA Solutions business model. Recognize the impact of our decisions on our clients and other areas within the firm
Qualification
Required
Bachelor's degree in Finance, Accounting, Business Administration, or a related field with a keen interest in client service and operational excellence
Proven ability to manage multiple priorities effectively and deliver high-quality results in a fast-paced environment
Adaptable to tight deadlines and shifting priorities with ease, ensuring consistent performance and excellence
Demonstrated emotional ownership, showing a commitment to taking responsibility for tasks and outcomes, and a dedication to client success and team collaboration
Ability to work independently and as part of a team
Intermediate to advanced level data analytic skills such as SQL and Excel, a strong interest in and capability for learning new applications and technical skills
Excellent attention to detail, organizational, and time management skills
Strong communication skills, both written and verbal
Preferred
Experience with Oracle or other financial systems is a plus
Experience in billing or accounts receivable
Knowledge of SMA (Separately Managed Accounts) operations
Familiarity with financial data entry and reconciliation processes
Benefits
An annual discretionary bonus
Healthcare
Leave benefits
Retirement benefits
A strong retirement plan
Tuition reimbursement
Comprehensive healthcare
Support for working parents
Flexible Time Off (FTO)
Company
BlackRock
BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors.
Founded in 1988
10001+ employees
H1B Sponsorship
BlackRock has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (18)
2024 (34)
2023 (8)
2022 (37)
2021 (31)
2020 (27)
Funding
Current Stage
Public CompanyTotal Funding
$6.59BKey Investors
Ariel Yehezkel
2025-06-20Post Ipo Equity· $0.02M
2025-03-27Post Ipo Debt· $1.08B
2024-07-17Post Ipo Debt· $2.5B
Leadership Team
Mike Strug
Vice President
Trevor Frazier
Vice President
Recent News
2026-02-09
2026-02-09
2026-02-09
Company data provided by crunchbase