Analyst, Retail Service Center at BlackRock

Boston, Massachusetts, United States

BlackRock Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset ManagementIndustries

Requirements

  • Bachelor’s degree preferred
  • Desire to learn mutual fund industry from ground up (some knowledge of industry is a plus)
  • Ability to effectively work in a fast-paced environment, multi-task, and meet deadlines
  • Excellent verbal and written communication skills
  • Strong customer service orientation
  • Ability to interact as a team member and maintain a flexible demeanor
  • Ability to work flexible hours Monday through Friday (shifts are 8:00am ET - 5:00pm ET and 9:00am ET - 6:00pm ET), including limited overtime when vital

Responsibilities

  • Respond to telephone inquiries regarding account status (i.e. account balances, trade / maintenance history, etc.), legal requirements, fund operations, and information on BlackRock products such as service options, fund performance, pricing, yields, portfolio characteristics, historical figures, tax implications, and other mutual fund specific information
  • Assist customers with accessing and navigating the website and voice response unit
  • Partner with other teams across the firm to meet departmental quality standards and ensure a smooth flow of operation
  • Process telephone transactions as requested by shareholders or their representatives using the on-line transfer agency system (transactions include but are not limited to redemptions, exchanges, adjustments, and account maintenances); check work to ensure accuracy of transactions
  • Actively support report distribution, account research using various resources, respond to written customer inquiries, and assist other departments
  • Run ad-hoc projects assigned by supervisors

Skills

Analytical Skills
Problem Resolution
Customer Service
Verbal Communication
Written Communication
Issue Resolution
Client Relationship Management
FINRA

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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