Associate, Reconciliations / Investigations - Delaware

About this role

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of Q3 2025, the firm managed approximately $13.5 trillion in assets on behalf of investors worldwide!

The Team

The Asset Servicing Reconciliation Team is a dedicated group of professionals who ensure that all BlackRock position data is accurate for critical processes including investment management, analytics, compliance, and regulatory. Position types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral. We provide information services and solutions in supporting this business. The roles and responsibilities will include actively handling risk and exposure for BlackRock by ensuring the investment book of record is reconciled with the custodian, manager, client and/or prime record holders daily. The role requires an understanding of the mechanics of the reconciliation process, exception management, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes.

Asset Reconciliation Associate

Primary Responsibilities Include:

• Completing day to day assigned tasks; including, control reports, position break resolution, inbox and dashboard monitoring, client and portfolio data maintenance, and daily subscription/redemption activity.

• We provide high quality client service externally and internally. Address inquiries, perform controls, resolve problems, and mitigate risks for clients and internal BlackRock partners.

• Preparing, and/or reviewing reconciliations between BlackRock, Asset Manager, and Custodian Bank. Includes researching differences and resolving them in a timely and accurate manner

• Performing ongoing maintenance of the existing accounts to reflect client or account level changes.

• We work with external service providers, internal team members and other BlackRock groups to resolve issues, as identified.

• Assisting in special projects and initiatives to improve the service offering.

• Enjoy developing strong internal & external relationships, with a focus on partnership & client service.

• Constantly evaluate process and procedures for inefficiencies and make recommendations for improvement. Act as a change-management agent to consistently improve the quality control environment and develop standard methodologies.

• Raising all material risk items and service issues on a timely basis.

• Coaching and mentoring of team members to encourage high individual performance and service standards.

• Able to demonstrate ability to self-improve and develop. Understand the impact of exceptions on upstream and downstream partners.