Analyst, Derivative Operations - Delaware

About this role

What Is Derivative Operations?

The team is responsible for handling, processing and managing BlackRock's Derivative activity, which includes Trade Confirmation, Clearing and Collateral Management of ETD and OTC products. The Derivative Operations philosophy is anchored on BlackRock’s cornerstone principles: Innovation, Fiduciary focus, Passion for Performance, and the unified purpose of One BlackRock. Through this lens we strive to build value for our clients by understanding their needs, the markets, and using technology to create optimized solutions.

What Will You Do?

A BlackRock Derivative Operations Analyst will play a meaningful part in an exciting new phase of our functional evolution! Guided by your manager, you will learn how to set the benchmark in Operational excellence. This will include building important relationships across the organization, proactively managing risk, improving processes, crafting new data capabilities and working with ground-breaking new technology fit for the future! Above all, you will be part of a collaborative global network of exceptional talent that promotes openness, transparency, inclusion and equal opportunity.

Key Responsibilities

The passion, energy, drive and commitment you bring to learning all aspects of the job will be vital to the success of the wider business. Daily tasks are varied, and could range from confirming trades, moving collateral, ensuring the firm gets paid in a timely manner to helping Portfolio Managers and Trading teams achieve their objectives. We also encourage staff to get involved in the many professional networks on offer at BlackRock, which foster regional connectivity and give back to local communities.

• Enforcing rigorous Operational risk management standards (Key Risk Indicators / Key Process Indicators) and identifying, communicating and resolving issues quickly and efficiently.

• Developing technical expertise through on the job training and self- learning, with active participation in Technology and Operations meetings encouraged. This may involve presenting ideas, contributing ideas, problem solving, or helping ensure strategic projects remain on track.

• Building strong relationships with internal and external partners, ensuring BlackRock’s value proposition, technology roadmap and industry position is communicated and supported. Participate in regular reviews to ensure BlackRock receives outstanding levels of service from all third-party providers.

Experience

Who We Are Looking For

Our culture rewards high performance and favors a collaborative approach to task execution and problem solving. Attitude is everything.

We would like to see:

• A self-starter who enjoys operating in a fast-paced, process driven environment, and can work in a distributed team.

• Numerical proficiency, outstanding analytical skills and a passion to solve problems.

• An entrepreneurial drive coupled with an overwhelming desire to go above and beyond to improve processes, systems and services.

• An excellent communicator, capable of articulating complicated issues in a simplistic manner.

• Natural curiosity, with a passion for learning about financial markets and new technology.

Technical Expertise:

• Candidates from a diverse range of backgrounds who show the right aptitude, attitude and desire to learn, and are capable of developing deep levels of technical expertise in this area will be considered.

For Wilmington, DE Only the salary range for this position is USD$66,500.00 - USD$85,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.

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 a