Data Product Lead, Director

About this role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Seeking a highly skilled and experience Data Steward to lead the establishment of a new and robust data stewardship pillar for our Accounting (ABOR) data product. In addition, act as a senior SME providing thought leadership in our Data Modernization efforts to migrate legacy data pipelines to modern technology and processes. This dual-role position entails developing a strategic vision for data management, governance and overall strategy for Accounting as a data product while providing deep insights and expertise across how core data is utilized across various asset classes (Equities, Fixed Income, Derivatives) to support overall investment management lifecycle from risk management to accounting, analytics and reporting.

Key Responsibilities –

1 Establish Data Stewardship Pillar for Accounting (ABOR):
• Working with senior stakeholders across BLK, develop and implement a strategic vision for data stewardship framework focused on accounting data lifecycle including operations, engineering, architecture, stewardship and data governance
• Collaborate closely with Accounting functions and core supporting functions (Operations and Engineering) to onboard data, pipelines, processes centrally within Aladdin Data
• Create and enforce best practices and controls as/when needed to ensure data quality, data discovery and accessibility of data
• Design and implement an operating model that fosters collaboration amount all stakeholders, promoting culture of data stewardship within accounting functions
2 Data Modernization:
• Act as a senior SME related to strategic decisions on redesigning Reference Data, including Equities, Fixed Income and Common Data Dimensions (Sectors, Ratings, Issuers)
• Bring in industry standard practices to build data models suitable for scalability, interoperability, consistency and quality
• Collaborate with cross-functional teams to identify data needs, challenges and opportunities for best-in class redesign solutions
• Participate in all active workstreams (10) to bring synergies and consistencies in design decisions and call out interferences (e.g. Asset Resolution, use of Common Dimensions)

 

 

For Wilmington, DE Only the salary range for this position is USD$178,500.00 - USD$225,000.00 . 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 and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock