Vice President, Financial Reporting, PFS

HPS Investment Partners, a part of BlackRock, is a leading global, credit-focused alternative investment manager that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customized solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients.

HPS was established in 2 as a unit of Highbridge Capital Management, LLC (“HCM”), a subsidiary of JPMorgan Asset Management (“JPMAM”). On March 31, 2016, the senior executives of HPS acquired HPS and its subsidiaries from JPMAM and HCM (the “Transaction”.[i] Following the Transaction, JPMAM retained a passive minority investment in HPS, which was subsequently redeemed in April 2022. In June 2018, affiliates of Dyal Capital Partners made a passive minority investment in HPS. In February 2022, an affiliate of The Guardian Life Insurance Company of America made a passive minority investment in HPS, which was subsequently increased in August 2024. On July 1, 2025, BlackRock acquired the business and assets of HPS, with 100% of consideration paid in BlackRock equity (the “HPS/BlackRock Transaction”).

The HPS/BlackRock Transaction brings together BlackRock’s corporate and asset owner relationships with HPS’s diversified origination and capital flexibility. BlackRock and HPS have formed a new private financing solutions business unit (“PFS”) led by Scott Kapnick, Scot French, and Michael Patterson, creating an integrated franchise with approximately $370 billion in client assets, including $205 billion of private credit assets.[ii] This combined platform, which has more than 590 investment professionals and approximately 1,300 employees globally,[iii] offers broad capabilities across senior and junior credit solutions, asset-based finance, real estate, CLOs and GP-LP solutions. As part of the HPS/BlackRock Transaction, Scott Kapnick, Scot French, and Michael Patterson have joined BlackRock’s Global Executive Committee, and Scott Kapnick has been appointed as an observer to the BlackRock Board. 

Position Description

The Fund Reporting Vice President will have responsibility for the coordination, execution, and quality of financial, regulatory, investor and management reporting. Reporting to the Head of the Quality Control Group and working hand in hand with fund accountants, Compliance, external administrators, auditors, and multiple other parties, the Fund Reporting Vice President ensures high quality, timely execution across multiple areas. The candidate will take an active role in financial reporting, risk assessment, assurance, and advisory activities for the Private Credit and Private Equity strategies within PFS.

Responsibilities

Specific responsibilities will include but not be limited to the following:

• Support coordination and execution of the annual financial statement audits, consisting of more than 500 separate financial statements

• Maintain and enhance financial reporting processes and controls. Identify opportunities for process improvement and automation.

• Coordination and oversight of both internal and external deliverables managed by the Fund Accounting team, including recurring and ad hoc investor requests and management reporting

• Partner with Fund Accounting, Finance, Operations, Legal, Compliance, Tax, and business teams.

• Coordinate with fund administrators, custodians, and other third-party service providers

• Oversight and management of regional resources used to support reporting requirements

• Support strategic projects and business initiatives as required

Candidate Profile

• 5-10 years of relevant experience in a Financial Reporting or Accounting role

• Bachelor’s degree in accounting, finance, or related field, relevant experience in external or internal audit preferred

• Knowledge of US GAAP and/or IFRS and investment company reporting requirements preferred

• Experience in assessing business risk and evaluating the design and effectiveness of internal controls

• Strong project management and communication skills. Ability to discuss complex issues with multiple levels of management and to summarize issues and develop recommendations

• Ability to apply critical thinking and analysis, and exercise professional judgment

• Experience operating independently while managing multiple projects

• Relevant certification or industry accreditation (e.g., CPA, CIA, CISA) is a plus

For New York, NY Only the salary range for this position is USD$137,500.00 - USD$194,000.00 . 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.

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.

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.