Analyst, Vendor Payment Analyst at BlackRock

Budapest, Budapest, Hungary

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

Strong working knowledge of Microsoft Office products
Strong written and spoken English language
Self-motivated team player
Ability to recognize and resolve problems
Excellent attention to details
Customer oriented
Excellent communication skills by telephone, written and in person
Ability to meet tight time schedules
A positive and ‘can-do’ attitude
Previous experience of working in payment team or banking environment (advantage but not essential)
Experience of working in a global corporate environment (dealing with multiple currencies / legal entities) desirable

Responsibilities

Ensure accurate disbursement of funds – supporting the global payment run processes end to end
Action payment returns daily and ensure that return log is kept up to date
Manage the reconciliation of direct debit payments
Partner with Management and Financial Operation Support / Technology team to reduce manual processes
Handle queries or escalations independently and fix the root cause to avoid similar occurrences
Follow up on overpayments and refunds to ensure little/no financial loss to the firm
Work with stakeholders regarding cash reconciliation issues and close the loop of unknown open cash reconciliation items
Provide support to the supplier maintenance team for setup related queries
Accurate and timely input of multicurrency manual payments onto the various banking portals (HSBC, JP Morgan, Citibank)

Skills

Accounts Payable

Payment Processing

Cash Reconciliation

Direct Debit Reconciliation

Banking Portals

HSBC

JP Morgan

Citibank

Multicurrency Payments

Vendor Management

Supplier Maintenance

Financial Controls

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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