Analyst, Reconciliations/Investigations at BlackRock

Gurugram, Haryana, India

BlackRock Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset Management, Investment ManagementIndustries

Requirements

  • Ability to prioritize and balance multiple requests without losing sight of overall objectives and deadlines
  • Strong decision-making skills to make well-thought-out decisions based on provided information and obtain further assistance when necessary
  • Ability to multi-task and perform in a high-performance, high-demand environment
  • Take initiative to follow up on issues, identify what needs to be done, and act
  • Ability to multi-task, balance multiple priorities, and meet deadlines in a fast-paced and evolving team
  • Organized and detail-oriented with strong time management skills
  • Ability to work in an ambitious, team-oriented environment and quickly adapt to an ever-changing business
  • Strong knowledge of equity and fixed income securities and derivative products
  • Proficient in Microsoft Office and aptitude for learning new applications
  • Four-year degree in Finance, Accounting, Information Technology, or Economics (preferred)

Responsibilities

  • Completing day-to-day assigned tasks, including control reports, cash and position break resolution, inbox and dashboard monitoring, client and portfolio data maintenance, and daily subscription/redemption activity
  • Providing high-quality client service externally and internally, addressing inquiries, performing controls, resolving problems, and mitigating risks for clients and internal BlackRock partners
  • Preparing and/or reviewing reconciliations between BlackRock, Asset Manager, and Custodian Bank, including researching differences and resolving them in a timely and accurate manner
  • Performing ongoing maintenance of existing accounts to reflect client or account-level changes
  • Working 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

Skills

Key technologies and capabilities for this role

ReconciliationsCash ReconciliationPosition ReconciliationBreak ResolutionClient ServiceRisk MitigationData MaintenanceExcelFinancial ControlsPortfolio AccountingTransaction Reconciliation

Questions & Answers

Common questions about this position

What is the employment type for this Analyst role?

This is a full-time position.

Is this role remote or does it require office work?

This information is not specified in the job description.

What key skills are required for the Reconciliation Analyst position?

Required skills include the ability to prioritize and balance multiple requests, strong decision-making, multi-tasking in a high-performance environment, initiative to follow up on issues, organization, detail orientation, strong time management, knowledge of equity and fixed income securities and derivative products, and proficiency in Microsoft Office.

What is the company culture like for this team?

The role involves working in an ambitious, team-oriented environment that is fast-paced, evolving, dynamic, demanding, and ever-changing.

What makes a strong candidate for this Reconciliation Analyst role?

A strong candidate has a four-year degree in Finance, Accounting, Information Technology, or Economics (preferred), strong knowledge of securities, proficiency in Microsoft Office, and excels at multi-tasking, prioritizing, decision-making, and adapting in a fast-paced team environment.

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.

Land your dream remote job 3x faster with AI