Director, Transaction Management - Delaware

About this role

Want to elevate your career by being a part of the world's largest asset manager? Do you thrive in an environment that fosters positive relationships and recognizes stellar service? Look no further. BlackRock is currently seeking a Transaction Management Operations Director to become part of our team. We recognize that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you the opportunity to grow professionally and as an individual.

We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. We have an extraordinary responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Come join our team and experience what it feels like to be part of an organization that makes a difference.

Team Overview

BlackRock’s Outsourced Platform Services (OPS) is responsible for the middle and back office services in support of BlackRock Solution’s outsourcing services businesses worldwide. OPS spans data and security master management, transaction management, collateral management, payments, corporate actions, reconciliations, alternative operations, and investment accounting functions. OPS is situated globally to provide operational excellence to our partners and clients.

OPS’s Transaction Management Operations team is responsible for the confirmation and settlement of transactions with counterparties and custodians. General functions include trade confirmations, settlement governance, collateral management, margin and payment processing, and exception resolution, mitigating settlement risk, facilitating trading activity with providers. Key focuses include managing day-to-day broker/dealer and custody relationships, ensuring globally consistent trade confirmation and processing, enhancing operational control and reporting, mitigating risk, and servicing clients to reaffirm expectations and deliver outstanding client service.

Transaction Management 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

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 across OPS 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.

Responsibility

• Detailed data interrogation and trend analysis

• Translate transactions 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 to inspire change

• Manage internal and external partners

• Conduct meetings 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 of the 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

For Wilmington, DE Only the salary range for this position is USD$173,500.00 - USD$225,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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, comp