Data Management Analyst - Accounting Data Operations

About this role

BlackRock is one of the world’s preeminent asset management firms and a best-in-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from meticulous fundamental and quantitative active management approaches aimed at maximizing out-performance to highly efficient indexing strategies designed to gain broad exposure to capital markets.  

Business Unit Overview:  

Data Management, a member of the Aladdin Data organization, is entrusted with the management of security, trade, market, and credit data that is integral to the investment decision process for BlackRock and its BlackRock Solutions (BRS) business.  The Investment Accounting Group provides accounting and regulatory data services to clients who have outsourced their accounting function to BlackRock. Our Accounting Services include the preparation and oversight of monthly accounting packages and support schedules, including regulatory returns and statutory reporting. As well as working with clients to deliver our services.   
  
Aladdin Data philosophy is anchored on BlackRock’s cornerstone principles: Innovation, Fiduciary focus, Passion for Performance, and the unified purpose of One BlackRock. Through that lens, we strive to build value for our clients by understanding their needs, the markets, and using technology to create best in class solutions.  

Job Purpose/Background  

The role reports to the Team lead of Data Management. The Data Management Group is responsible for the integrity of all asset data utilized by internal and external clients for both portfolio trading and accounting-based reporting. The group ensures complete accurate and timely processing of asset security data and transaction data for the clients of BlackRock Solutions (“BRS”) as it pertains to the BRS Investment Accounting and other businesses requiring trade management of externally balanced assets. This includes, among other things, ensuring the completeness of all terms and conditions of asset data pertaining to all known asset types, ensuring accurate market data, capturing trade file information for processing while building a high level of straight through processing (STP) to our accounting system from Aladdin and external managers.  

Role Responsibility  

• Timely review and setup of securities within the accounting system to facilitate the processing of investment transactions  

• Processing daily investment transactions from external investment managers.  

• Supervise all the automated jobs and resolve, if there is any exception or failure.  

• Timely & accurate responses to daily data inquiries  

• Ability to evaluate systems, procedures and make recommendations for improvement  

• Participate in various efficiency and capacity-building initiatives, including automation/ standardization efforts  

• Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency.  

• Demonstrating ability to self-improve and develop. Understand the impact of data on upstream and downstream, and to overall service.  

• Solve for increasing need to transform dynamic data formats to standard.  

Skills Required:  

• Possess and demonstrate a working knowledge of various investment products and finance theory; a strong understanding of fixed income and derivative products preferred  

• Excellent analytical, critical thinking, and problem-solving skills  

• Solid u