26 Nov
Cash and Asset Reconciliation Analyst - DEL
North Carolina, Wilmington , 28404 Wilmington USA

Vacancy expired!

DescriptionAbout this roleTeam OverviewThe Cash & Asset Operations Team is a dedicated group of professionals who ensure that all BlackRock cash & position data are accurate for critical processes including investment management, analytics, compliance, and regulatory. Cash & Position types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral. The team provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses. The roles and responsibilities will include actively managing risk and exposure for BlackRock by ensuring BlackRock cash & position data is in line with external prime record holders daily. The role will result in understanding the mechanics of the reconciliation process, exception management, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes.The cash & asset reconciliations position will play a prominent role in the life cycle of a trade, using BlackRock's proprietary platform Aladdin to ensure operational consistency and client fiduciary responsibilities.ResponsibilitiesReview cash & asset position exceptions daily including researching differences and resolving them in an accurate and timely manner

Ensure reconciliations are successfully completed and troubleshoot any discrepancies

Ensure accuracy of published cash figures

Data analysis enhancing transparency, decision drivers and efficiency

Work with internal/external partners to ensure issues are being appropriately reviewed and progressing to completion

Develop expertise around team control mechanisms and reporting

Identify and coordinate escalation of priority issues

Actively participate in all team meetings including review of key risk and process indicators

Understand and adhere to all regulatory requirements impacting the reconciliation process

Ability to evaluate systems, procedures and make recommendations for improvement

Participate in various efficiency and capacity-building initiatives, including automation/ standardization efforts

Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change

Maintain accurate process documents and train team members to ensure holistic understanding

Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency

ExperienceBachelor's degree - concentration in Accounting, Finance, Business or Economics is helpful

Understanding of financial instruments with an emphasis on derivative products is helpful

Strong, effective analytical and problem solving skills

Data Analytics skillsets preferred inclusive of coding (VBA,SQL, PYTHON) and/or understanding of data science methods & implementation

Organized approach to ensure follow up on outstanding issues and identify appropriate action to be taken

Attention to detail to ensure a high degree of accuracy for all deliverables

Excellent communication skills to effectively articulate solutions to internal and external partners

Ability to multi-task and balance requests without losing sight of overall objectives and deadlines

Exceptional decision making skills and ability to communicate effectively with senior management

Ability to work in a team environment and build strong relationships with colleagues and external contacts

Ability to work in a fast paced, rapid changing, deadline driven environment

Expertise in Microsoft office products with an emphasis on Excel

Our benefitsTo 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.About BlackRockBlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide.For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock .BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.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.

Vacancy expired!


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