Analyst, IBM Planning Analytics (TM1) Developer at BlackRock

New York, New York, United States

BlackRock Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Finance, Asset ManagementIndustries

Requirements

  • 4-6 years of relevant experience working as IBM Planning Analytics (TM1) developer
  • Proficiency in TM1 Rules, Feeders, Turbo Integrator processes, and system configuration
  • Experience with Oracle EPM / Essbase or Anaplan (plus)
  • Experience with SQL queries and stored procedures
  • Bachelor's degree in finance, IT, or similar fields (preferred)
  • Knowledge of financial instruments and markets (beneficial)
  • Good understanding of Finance / Asset Management industry
  • Strong written and verbal communication skills

Responsibilities

  • Develop and maintain TM1 models and applications, including budgeting, forecasting, and actual reports
  • Provide ongoing maintenance and enhancements to existing models
  • Manage daily, weekly, monthly, and quarterly data processing to support actuals and forecast/budget close processes for the TM1 platform
  • Lead the development and enhancement work for various TM1 models throughout all phases, from requirements gathering to build, user testing, go-live, and support
  • Play an active role in cloud migration and model transformation initiatives
  • Lead report conversion from TM1 perspectives to Planning Analytics for Excel (PAFE) and Planning Analytics Workspace (PAW)
  • Provide day-to-day user support for the TM1 application, ensuring the accuracy and integrity of data and reports
  • Create and maintain process documentation to ensure it stays current as the process evolves
  • Collaborate with internal and external stakeholders to understand business needs

Skills

Key technologies and capabilities for this role

TM1IBM Planning AnalyticsProject ManagementBusiness RequirementsChange ManagementWorkflow DesignUnit TestingUser TrainingFinance Platforms

Questions & Answers

Common questions about this position

What are the main responsibilities of this Analyst role?

The role involves developing and maintaining TM1 models and applications for budgeting, forecasting, and reports; managing data processing for actuals and forecasts; leading requirements gathering through to support; and participating in cloud migration and model transformation.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the team structure and culture like at FPS?

The FPS team has a global footprint, acts as internal change management consultants, connects Finance resources with specialists across BlackRock, and manages projects with regional or global focus to optimize operating models.

What skills or experience make a strong candidate for this role?

Strong candidates will have expertise in IBM Planning Analytics (TM1) for model development, maintenance, data processing, requirements gathering, and cloud migration, along with experience supporting finance platforms like FCCS and Cognos.

BlackRock

About BlackRock

New York City, New YorkHeadquarters
1988Year Founded
$78,647.7MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries

Benefits

Health Insurance
Unlimited Paid Time Off
Mental Health Support
Wellness Program
401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.
Workforce reduction may indicate internal financial pressures or strategic shifts.
Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.
The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.
BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.
The Ethereum platform positions BlackRock as a leader in blockchain financial services.
Partnership with Frax Finance enhances digital finance offerings and compliance.

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