Associate, Treasury

About this role

Team Overview

The Corporate Treasury team is responsible for BlackRock’s corporate cash management, capital management, as well as liquidity and FX risk management activities globally. The group also provides financial oversight on regulatory capital requirements and seed capital programs.

Job Description

BlackRock’s central treasury is looking for an Associate with treasury, banking or other corporate finance experiences and a demonstrated ability to learn quickly, drive efficiency and deliver high quality results in a fast-paced and collaborative environment. The Associate will be responsible for seed capital operations, forecasting cash flows and non-operating income, coordinating capital repatriations, contributing to cash management operations and participating in related projects.

Key areas of responsibility:

• Contribute as required to the cash management operations (daily liquidity, cash flow, funding, cash investments, payments, management of bank accounts and bank relationships)

• Monitor, forecast and report cash flows, liquidity, regulatory requirements, interest income

• Prepare, coordinate and implement quarterly dividends and capital repatriation transactions

• Contribute to ad hoc projects, financial analyses and other Treasury activities, such as FX hedging, debt financing, share repurchase, rating agency presentations and capital management

• Proactively look for opportunities to optimize Treasury processes and controls, enhance policies, reporting tools and data quality, as well as maintain operational excellence

• Spearhead technology enhancements, contribute to technology projects, including Treasury workstation, VBA automation, data lake initiatives

• Effectively manage and be accountable for regular weekly, monthly and quarterly deliverables

• Partner with various internal teams on these activities, including Controllers, Tax, Legal, Product Management and Risk Management

Skills & Qualifications:

• Bachelor’s Degree or higher, preference for Accounting / Finance

• Minimum 3-7 years of treasury, controllers, banking or other corporate finance experience, with a track record of strong performance

• Prior experience in financial services, finance or banking operations, project management, risk management or capital market activities is desirable

• Demonstrable problem-solving, quantitative and analytical skills, with exceptional attention to detail and rigor

• Self-starter, quick learner, team player with collegial orientation and desire to take on responsibility

• Organized and methodical, ability to multi-task and work under tight deadlines

• Ability to clearly articulate and present ideas both in written presentations and orally

• Advanced or expert skills in Excel with VBA coding experience preferred, but not required

 

For New York City only: The salary range for this position is $95,000 - $125,000. 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

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global econom