Derivative Operations, Analyst at BlackRock

Gurugram, Haryana, India

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

Required experience level between 1-4 years
Self-starter who enjoys operating in a fast-paced, process-driven environment and can work in a distributed team
Numerical proficiency, outstanding analytical skills, and a passion to solve problems
Entrepreneurial drive with a desire to go above and beyond to improve processes, systems, and services
Excellent communicator, capable of articulating complicated issues in a simplistic manner
Natural curiosity, with a passion for learning about financial markets and new technology
Candidates from diverse backgrounds showing right aptitude, attitude, desire to learn, and ability to develop deep technical expertise

Responsibilities

Handle daily tasks including confirming trades, managing resets & settlement, moving collateral, ensuring timely margin payments, and helping Portfolio Managers and Trading teams achieve objectives
Enforce rigorous Operational risk management standards (Key Risk Indicators / Key Process Indicators) and identify, communicate, and resolve issues quickly and efficiently
Take ownership of exceptions from start to finish by investigating root causes, partnering with internal/external teams for corrective actions, and following through to resolution
Review and challenge existing procedures to improve and rationalise in response to changing environment and requirements
Develop technical expertise through on-the-job training, self-learning, and active participation in Technology and Operations meetings (e.g., presenting ideas, contributing, problem-solving, ensuring strategic projects stay on track)
Build strong relationships with internal and external partners, communicate BlackRock’s value proposition, technology roadmap, and industry position, and participate in regular reviews to ensure outstanding service from third-party providers

Skills

Key technologies and capabilities for this role

Derivative OperationsTrade ConfirmationClearingCollateral ManagementExchange Traded DerivativesCleared SwapContract for DifferenceOver the CounterSettlementMargin Management

Questions & Answers

Common questions about this position

What does the Derivative Operations team handle?

The team is responsible for handling, processing and managing BlackRock's Derivative activity, including Trade Confirmation, Clearing and Collateral Management of Exchange Traded Derivatives, Cleared Swap, Contract for Difference and Over the Counter products.

What are some daily tasks for a Derivative Operations Analyst?

Daily tasks include confirming trades, managing resets & settlement, moving collateral, ensuring margin gets paid timely, and helping Portfolio Managers and Trading teams achieve their objectives.

What is the company culture like in Derivative Operations?

The philosophy is anchored on BlackRock’s principles of Innovation, Fiduciary focus, Passion for Performance, and One BlackRock, with a collaborative global network promoting openness, transparency, inclusion and equal opportunity.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What salary or compensation is offered for this role?

This information is not specified in the job description.

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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