Job Description

Employment Type: Full time

Position Overview

Are you searching for a rewarding, exciting, dynamic opportunity with the world's largest asset manager? Look no further! At BlackRock, we are seeking a hard-working professional to join our Wilmington based Global Financial Reporting team supporting our wide fund ranges as we continue to expand our iShares ETFs, Alternative products, and other Americas based fund ranges.

We will embrace your rare skills, eagerness, and passion while giving you freedom to grow professionally and as an individual. We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $11 trillion of assets under management, we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home, and improve their financial well-being. Join and experience what it feels like to work in an organization that makes a difference.

Team Overview

Americas (AMRS) Product Governance and Reporting (PGR)

AMRS PGR is a unit within Global Accounting & Product Services (GAAPS). Members of the AMRS PGR team are responsible for the overall control environment of over 2,000+ funds with an AUM of US$ 5+ trillion.

PGR members will connect across GAAPS and Business Operations to manage regulatory changes and lead product implementations within our fund ranges. AMRS PGR works closely with several other internal teams to deliver quality and value to our shareholders, including but not limited to teams responsible for accounting oversight, financial reporting, product development, client order management, transfer agency, portfolio management, trading, securities lending, capital markets, pricing, tax, and legal and compliance.

The suite of funds include:

• US and CAD Index and active exchange-traded funds
• CAD Institutional Pooled Funds
• US Common Trust Funds
• US Mutual Funds, open-end and closed-end

Roles & Responsibilities

The Product Oversight Team within PGR has a key position available in Toronto for a motivated and talented member who is pro-active and flexible, can demonstrate initiative with a drive to succeed both as an individual and as a strong team player. The successful individual will be able to demonstrate a commitment to technical excellence, innovation, flexibility, and the ability to effectively manage multiple initiatives simultaneously and meet key deadlines. Excellent communications skills are also required to influence and develop strong collaborative working relationships with key internal and external stakeholders.

Responsibilities of this role will include:

• Product lifecycle management for launches, liquidations, mergers, and other structural changes.
• Management of periodic fund distributions, working closely with product development and tax teams.
• Partner with key internal stakeholders to improve the execution related to product development, portfolio management, trade operations, client order management, transfer agency, and NAV oversight.
• Complete due diligence program on non-Canadian trade lifecycle functions, from portfolio management to reconciliation.
• Review and challenge policies and procedures to help evolve the operating model to best practice with a focus on automation and technology.
• Lead operating risk escalation and cross-functional resolutions.
• Contribute towards and prepare presentations to BlackRock governance bodies (e.g., Independent Review Committees, Canada Management Board).
• Expense management for selected funds.
• Build partnerships with external ecosystem by interacting with custodians, fund accountants, auditors, and stock exchanges.

Requirements

• 3 – 5+ years of fund administration experience.
• Strong knowledge in fund accounting, custody, investment process, security valuation, and fund expenses is necessary.
• Strong understanding of IFRS, securities...