Associate, Cash and Asset Reconciliation

About this role

About BlackRock

Elevate your career by joining the world's largest asset manager! Thrive in an environment that promotes positive relationships and recognises outstanding performance! We know you want to feel valued every single day and be recognised for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over USD $10 trillion of assets, we have an outstanding responsibility: our proprietary technology Aladdin and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.

Technology & Operations (T&O) is responsible for the firm's worldwide operations across all asset classes and geographies. The operational functions are aligned with clients, products, fund structures and our third-party provider networks. Global Investment Operations (GIO), a function within T&O, is responsible for the development of the firm's operating infrastructure to support BlackRock's investment businesses worldwide. Professionals hired into this role will become intimate with all operational flows and operational processes, including architecting operational solutions and managing relationships with portfolio managers and traders, our end clients, brokers, custodian banks, fund accountants, administrators and more.

The Cash Operations team is an essential control function to the investment process ensuring that all BlackRock Cash data is accurate for investment management, analytics, compliance and regulation. Our team provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses, inclusive of Middle Office Outsourcing servicing.

What You Will Do

• Be a risk manager: identifying, leading and mitigating operational risks and raising risk and service issues on a timely basis
• Take ownership of exceptions from start to finish by investigating exception root causes, partnering with internal/external teams to take corrective action and following through until resolution is achieved
• Ensure reconciliations are completed timely and accurately. Review cash exceptions daily to ensure the team is appropriately raising and resolving
• Contribute to a control-focused culture by building expertise of team controls and meeting standards in output
• Lead and motivate the team towards finding opportunities for process enhancements and other strategic operational enhancements that facilitates operational processes or mitigates operational risk
• Understand upstream processes impactful to the reconciliation and develop ability to correlate the impact of change
• Foster strong internal & external relationships, with a focus on collaboration & client service excellence

Who You Will Ideally Be

Curious - You are an innovative thinker, constantly looking for ways to skilfully adjust and optimize processes. You care about the quality of your input and have a clear understanding of your end goal, bringing people on the journey in an effective way

Driven - You are a people person who can talk to anyone – and most importantly, listen. You are a self-starter with highly developed negotiation and influencing skills, motivated to take the initiative and achieve goals. You can also play the diplomat, but be decisive, too. You understand the impact of a highly satisfied, excited team. You are passionate about solving difficult issues

Adaptable – You are outcome focussed and can solve sophisticated problems in a dynamic, fast paced environment with the ability to multi-task to keep up with deadlines

Growth Mindset – You will strive to enhance your skills and knowledge on a regular basis, challenging the status quo

Collaborative – You foster strong internal & external relationships, with a focus on collaboration & client service

What You Will Need

• Bachelor’s degree, preferably with a concentration in Accounting, Finance, Business, Economics or similar field
• Basic computer literacy skills: ability to effectively navigate applications such as Excel, Outlook, Windows
• Ability to sift through data to understand what is relevant and analyse data to solve problems
• Organize and multi-task to execute and prioritize multiple deliverables
• Thorough attention to detail balanced with a “common sense” approach
• Communicate effectively by simplifying complex themes and tailoring messaging to your audience
• Collaborate in a team environment with an execution mindset
• Build constructive relationships with internal and external partners to achieve goals
• Manage time and adapt in a fast paced, rapidly changing environment
• Basic software development and data analytics skillsets (VBA, SQL, Python, Tableau, Power BI) are preferr