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This is an in-house role focusing on tax advising and structuring of BlackRock’s private markets investment platform supporting the private credit, private equity, multi alternatives and hedge funds business lines.
Job Responsibility:
Advise on new product tax work, including fund structuring, development of product strategies, tax structuring and review of documentation, as well as ongoing tax oversight for the fund complexes and vehicles associated with those businesses
Advise on tax matters concerning investment acquisitions, underlying investment structures and strategies, and related transactional documents
Communicate with investors and underlying investment sponsors regarding tax requests and queries, as well as engaging on tax provisions in legal documents
Assist BlackRock’s client relations and sales and marketing teams with client communications (including potential investors)
Liaise and collaborate closely with members of the global Private Markets Tax Team responsible for covering the business lines above in their respective region
Assist with oversight of EMEA tax reporting compliance work outsourced to external advisors
Support product development teams in evaluating and developing new products with insightful and practical tax input
Undertake necessary tax due diligence and setup needed for new fund launches and investments, with support from team colleagues as required
Monitor tax technical developments affecting these funds, and respond as necessary
Build robust practices and efficiencies with respect to tax policies and operational processes
Requirements:
Experience working in practice, either at a law firm, a Big 4 accountancy firm or in-house at a private markets asset manager
Knowledge of tax aspects of private funds and private credit funds in particular
Understanding of fund and SPV structures for alternative investments
Experience reviewing tax provisions of LPAs, PPMs, side letters and transactional documents such as purchase agreements and credit agreements
At least 7+ years’ experience
Able to communicate complex tax issues clearly and concisely
Has the interpersonal skills to work effectively within a large in-house tax team and with cross-border teams and multidisciplinary business and project teams
Able to perform effectively in a fast-paced environment
What we offer:
Retirement investment and tools designed to help you in building a sound financial future
Access to education reimbursement
Comprehensive resources to support your physical health and emotional well-being
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