About this role
Team Overview:
BlackRock’s Global Investment Operations (GIO) team is responsible for the post-trade and asset servicing functions that support BlackRock's investment businesses worldwide. GIO spans trade documentation, transaction management, collateral management, payments, corporate actions, reconciliations and securities lending functions. GIO partners with BlackRock's Portfolio Managers and Traders globally to provide operational excellence to our partners and clients.
GIO’s Trade Operations team is responsible for the affirmation, confirmation and settlement of transactions with counterparties and custodians. General functions include trade confirmations, settlement governance, exception resolution and facilitating trading activity with providers. Key focuses include the day-to-day management of broker/dealer and custody relationships, fostering globally consistent trade confirmation and processing, improving operational control and reporting, eliminating risk and servicing internal and external constituents to re-affirm expectations and deliver outstanding client service.
Trade Operations Oversight & Transformations team is responsible for applying data to identify and quantify improvement opportunities across the post-trade lifecycle. As the name suggests, the team has two primary missions:
1) to oversee the efficiency of business processes and providers and
2) to find opportunities for business process and technology improvements.
Both rely on data analysis to identify trends, measure impacts and predict outcomes. The team partners closely with global, product aligned teams in Trade Operations to implement tactical and systematic solutions to optimize scale and reduce risk. The team also coordinates with external providers, particularly sell-side firms, to drive strategic change across the industry.
Detailed data interrogation and trend analysis
Interpret, simplify and present data to partners with various backgrounds
Translate data to identify potential opportunities to increase scale and/or reduce operational risk
Partner with management teams to prioritize and execute data strategy
Implement process change
Build and maintain constructive working relationships with internal and external partners to inspire change
Manage internal and external partners
Conduct meetings with external providers to discuss performance metrics and drive performance improvement
Participate in local, regional and global initiatives
Support colleagues in a global team environment
Review and documentation business process
Experience:
12+ years working in buy-side investment operations with proficiency in trade confirmations and settlements
Proven track record of leading and motivating teams
Analytic problem solver comfortable working with large data sets
Strong organization skills with the ability to multi-task and manage deadlines effectively
Excellent communicator, able to simplify and convey complex themes to different audiences
Capable with SQL, JIRA and Microsoft Office applications, especially PowerPoint and BI
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 Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.