Associate, Reconciliations / Investigations (Delaware) at BlackRock

Wilmington, Delaware, United States

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

3-5 years of financial services experience with a good understanding of Financial Markets, preferably within Investment Management or Global Custody environment
Previous experience in Income Process, Cash & Asset Reconciliation process is preferred
Proficiency in Microsoft Office products (with an emphasis on Excel) or other programming languages and an interest in learning new applications
Strong, effective analytical and problem-solving skills
Attention to detail to ensure a high degree of accuracy for all deliverables
Excellent communication skills to effectively articulate solutions to internal and external partners
Ability to multi-task and balance requests without losing sight of overall objectives and deadlines
Ability to work in a team environment and build strong relationships with colleagues and external contacts such as custodians, counterparties and other third-party providers
Capability to assist in crafting a team vision, planning and accomplishing steps to enable a consistently productive team

Responsibilities

Understanding and adherence to all regulatory requirements
Lead and motivate team towards finding opportunities for process enhancements and other strategic operational enhancements that facilitates operational processes or mitigates operational risk
Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency
Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change
Build and maintain strong interactions with key internal & external partners including; leading & coordinating problem resolution
Maintain accurate and current desktop procedures
Embracing the BlackRock Principles and role modeling these behaviors to other team members

Skills

Reconciliations

Investigations

Cash Operations

Asset Operations

Regulatory Compliance

Process Enhancements

Operational Risk

Metrics Recording

Equities

Fixed Income

OTC Derivatives

Swaps

Swaptions

Collateral

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

Try Jobo Free