Associate, Reconciliations
Role Overview
The Outsourced Platform Services Asset Reconciliations team is responsible for delivering a robust reconciliation operating model that safeguards the integrity of BlackRock’s investment data across critical processes, including investment management, analytics, compliance, and regulatory reporting. The team oversees reconciliation across a broad range of asset classes, including equities, fixed income, derivatives, collateral, and related cash activity, partnering closely with internal teams, external service providers, custodians, and clients to ensure timely resolution of exceptions and a strong control environment. The Associate is expected to develop a strong understanding of reconciliation processes, exception management, root-cause analysis, risk identification, data analysis, and process improvement while contributing to a controlled and efficient operating environment.
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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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
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.
Qualifications
- The ability to prioritize and balance multiple requests without losing sight of our overall objectives
- You possess strong decision-making skills to make well-thought-out decisions based on the information provided and to obtain further assistance/clarification when vital
- You can multi-task and perform in a high performance, high demand environment!
- You take the initiative to follow up on issues – identify what needs to be done and act
- Ability to multi-task, balance multiple priorities and meet deadlines in a fast-paced and evolving team
- You are organized and detail oriented with strong time management skills
- Ability to work in a multifaceted and team oriented environment and quickly adapt to a constantly evolving business
- Contributor to the leadership team ensuring appropriate staffing model, depth charts and succession plans are assessed across the location
- Do you have the social skills to effectively articulate solutions to internal and external partners?
- Capability to assist in creating a team vision, planning and executing steps to ensure a consistently robust team
- Thrive in a team environment and build strong relationships with colleagues and external contacts such as custodians, counterparties and other third-party providers
- You have strong knowledge of equity and fixed income securities and derivative products
- You are proficient in Microsoft Office and have an aptitude for learning new applications!
- A four-year degree is required in Finance, Accounting, Information Technology, or Economics or a masters degree in relevant fields.
- Understanding upstream processes is impactful to reconciliation and develop ability to correlate the effect of change
- Flexible and open to accepting new challenges; able to work effectively and efficiently on multiple projects at a time in a dynamic, demanding and constantly evolving environment while maintaining the highest standard and attention to detail
About BlackRock
BlackRock is the world's largest asset management firm, managing over trillion in assets. Founded in 1988 and headquartered in New York City, the company provides investment management, risk management, and advisory services to institutional and retail clients worldwide.
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