Investment Accounting Platform and Implementations Director

About this role

About BlackRock

Are you a highly motivated professional looking to elevate your career by joining the world's largest asset manager? Would you thrive in an environment that fosters positive relationships and recognizes outstanding performance, working with both internal partners and clients? We know how important it is to feel valued every single day and be recognized for your contribution.

At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over $8 trillion of assets, we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, and improve their financial well-being.

In addition to helping our clients achieve a better financial outcome as an asset manager, BlackRock is an established FinTech with Aladdin® being used by some of the largest institutions and investors in the world. We provide comprehensive investment accounting software and services including financial and regulatory reporting. By deploying Aladdin®, accounting services are offered as a coordinated solution alongside Aladdin’s powerful capabilities to financial institutions globally. 2022 was a record year for Aladdin with over $1.4 billion in revenue, and we’re excited to offer this opportunity to join our growing business.

Job Purpose / Background

The Investment Accounting Group (IAG) provides accounting and regulatory data services to clients who have outsourced their accounting function to BlackRock. IAG is currently embarked on an exciting program of work to develop our accounting operating platform and to extend asset class coverage. As our business has expanded, we have a requirement for strong implementation skills and accounting knowledge to continue to extend our depth.

IAG is seeking a Director to become part of a team that will embrace your skills, eagerness, and passion while giving you the freedom to grow professionally. The successful candidate will be responsible for overseeing key functions of our client support model to implement new business onto our accounting platform. The role will focus on developing investment process solutions for new and existing clients alike, and be responsible for bringing together the capabilities of other parts of the BlackRock organization as required.

Key Responsibilities

• Develop a thorough knowledge of BlackRock’s capabilities, products and services for Investment Accounting clients

• Develop project plans for client implementations with measurable goals, driving consensus and communicating to partners and management throughout

• Improve our ability to scale implementation efforts to ensure we can support multiple ongoing efforts concurrently, given our projected sales targets

• Engage and maintain relationships with key partners across the firm to support business growth, implementation of new clients, and client retention

• Represent IAG on cross-functional projects and working groups in support of delivering key business and client objectives

• Ensure alignment of additional services with our Investment Accounting offering but supporting proper product integration in partnership with colleagues across the firm

About You

• 10+ years of experience in financial services, familiarity with insurance clients a plus

• Solid working knowledge in US GAAP and/or Statutory accounting for investments, including securities, alternatives, mortgage loans, and derivatives

• Strong organizational leadership experience bringing together teams to achieve business goals

• A pro-active interest in keeping up to date with industry, accounting standards and client product changes

• Adept at effective communication and forming strong relationships with clients and internal partners

• Ability to multi-task and balance multiple requests without losing sight of overall business objectives and delivery requirements

• Ability to leverage new technology to benefit partners

• Understanding of cost drivers and ability to create formal work proposals to external clients

• Ability to stand up and refine new teams to best leverage strengths and organize around business objectives

• Proven track record empowering experienced professionals to drive career opportunities to ensure that subordinate team members are supported within their careers

 

For San Francisco, CA Only the salary range for this position is USD$195,000.00 - USD$275,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits