Associate, Fund Services- Digital Asset Tokenization (Delaware/Boston/San Fran)

About this role

Are you searching for a rewarding, exciting, dynamic opportunity with the world's largest asset manager? Look no further! At BlackRock, we are seeking a hard-working professional to join our Wilmington based Global Financial Reporting team supporting our wide fund ranges as we continue to expand our iShares ETFs, Alternative products, and other Americas based fund ranges.

We will embrace your rare skills, eagerness, and passion while giving you freedom to grow professionally and as an individual. We know you want to feel valued every single day and be recognized for your contribution.

At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $11 trillion of assets under management we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Join and experience what it feels like to work in an organization that makes a difference.

Team Overview

Americas (AMRS) Product Governance and Reporting (PGR)

AMRS PGR is a unit within the Global Accounting and Product Services (GAAPS) group. The team is organized regionally to support the unique jurisdictional requirements and partners for our various fund ranges. AMRS PGR manages the fund level “structural” needs of the various fund ranges, including support to BlackRock business groups and the Board of Directors/Trustees that oversee them.

The AMRS PGR team is seeking a strategic and execution-focused leader to advance our initiatives in digital asset tokenization. This role will drive the integration of tokenized share classes, ETFs, crypto assets, and stablecoins into existing fund structures, supporting the evolution of our product suite and operational capabilities.

Key ResponsibilitiesTokenization Strategy & Execution

• Lead the design and implementation of tokenized share classes for ETFs and mutual funds, including multi-share class structures and blockchain-based trading models.

• Develop and coordinate tokenization processes for crypto assets and stablecoins and investments in digitized assets, ensuring regulatory compliance and operational efficiency.

Custody & Transfer Agency Integration

• Partner with custodians and transfer agents to define custody models for tokenized assets and ensure alignment with transfer agency processes.

• Integrate digital asset custody and transfer agency operations into existing mutual fund and ETF workflows.

Fund Administration & Board Support

• Collaborate with fund administrators to adapt accounting, tax, and reporting frameworks for tokenized and digital asset products and investments.

• Prepare and present materials to governance bodies (e.g., fund boards) and committees on digital asset initiatives and operational impacts.

Contracting & Service Provider Engagement

• Drive contracting and operational alignment with ETF service providers, ensuring readiness for tokenized and digital asset offerings

• Evaluate and onboard new vendors and platforms supporting digital asset operations, as needed.

Operating Model Development

• Architect tactical and strategic operating models that support 24/7 trading, dividend entitlements, and NAV reconciliation for tokenized funds.

• Assess and evolve control environments, focusing on automation, technology, and risk management.

Cross-Functional Leadership

• Serve as a liaison between GAAPS, Product Strategy, Legal, Tax, Technology, and external vendors to ensure seamless integration of digital asset capabilities.

• Lead cross-functional working groups and contribute to industry advocacy and regulatory engagement.

Qualifications

• Deep understanding of mutual fund and ETF structures, including operational mechanics and regulatory frameworks.

• Experience with digital asset ecosystems, including blockchain, tokenization platforms, and crypto custody.

• Proven ability to lead complex, cross-functional initiatives with multiple partners.

• Familiarity with fund accounting, transfer agency, and custody operations.

• Strong analytical, communication, and project management skills.

• Prior experience with service provider engagement and contracting preferred.

Preferred Experience

• Prior involvement in ETF share class launches or MF-to-ETF conversions.

• Exposure to staking models, tokenized collateral, and digital asset product development.

• Experience with Aladdin, ESP, and other fund administration platforms.

Project Management for regulatory and business change

• Accountability and ownership of key functions and special projects.

• Vendor management experience.

• Good understanding of the fund valuation and associated transaction lifecycle and key control frameworks.

• Solid prioritization skills and ability to handle competing priorities.

• Consistent track record in implementing change management.

• Develop practical and pragmatic solutions through a ‘hands on’ approach.

• Strong verbal and written communication capabilities with all levels, including portfolio managers, fund directors, external auditors, senior management, and vendors.

• Initiative, drive, and enthusiasm.

• Excellent attention to detail and passion for performance.

For San Francisco, CA Only the salary range for this position is USD$105,000.00 - USD$137,500.00 . 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. For Boston, MA 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. For Wilmington, DE Only the salary range for this position is USD$85,000.00 - USD$117,500.00 . 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.It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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.

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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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. View the EEOC’s Know Your Rights poster and its supplement and the 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 [email protected]. 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.