Derivative Operations, Global Investment Operations, Director at BlackRock

Gurugram, Haryana, India

BlackRock Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Asset ManagementIndustries

Requirements

  • 12+ years working in investment operations with proficiency in trade confirmations and settlements
  • Minimum of 5 years of supervisory experience; proven experience in leading teams of professionals, staff development, coaching and performance assessments
  • Strong organization skills with the ability to multi-task without losing sight of overall objectives and deadlines
  • Ability to work in a fast paced, rapid changing, deadline driven environment
  • Proven track record of leading and motivating teams
  • Contribute in creating a team vision, planning and delivering steps to ensure a consistently high performing team
  • Analytic problem solver comfortable working with large data sets
  • Excellent communicator, able to simplify and convey complex themes to different audiences
  • Demonstrate strong stakeholder management skills
  • Organized approach with diligent follow-up on open issues and identify appropriate action to be taken
  • Proven track record in enhancing and transforming workflows and operating models
  • Capable with SQL, JIRA and Microsoft Office applications, especially PowerPoint and BI

Responsibilities

  • Detailed data interrogation and trend analysis
  • Interpret, simplify and present data to partners with various backgrounds
  • Translate data to identify potential opportunities to increase scale and/or reduce operational risk
  • Partner with management teams to prioritize and implement data strategy
  • Implement process change and design solutions
  • Build and maintain constructive working relationships with internal and external partners to inspire change
  • Conduct meetings with external providers to discuss performance measurements and drive performance improvement
  • Participate in local, regional and global initiatives
  • Support colleagues in a global team environment
  • Review and documentation business process
  • Managing risk for the firm by overseeing Margin Processing, collateral reconciliations and exception management processes ensuring that BlackRock data is in line with CCP/Clearing brokers, custodians, counterparties and other prime record holders every day
  • Prepare monthly metrics, maintain training materials, provide thought leadership and liaise with technology to strategically enhance workflows and operating models
  • Lead the regional team, managing performance, setting goals, solving problems and foster a positive work environment

Skills

Key technologies and capabilities for this role

Derivative OperationsMargin ProcessingCollateral ManagementReconciliationsTrade ConfirmationClearingCCPException ManagementMetrics ReportingWorkflow OptimizationTeam LeadershipRisk Management

Questions & Answers

Common questions about this position

What experience is required for the Derivative Operations Director role?

Candidates need 12+ years in investment operations with proficiency in trade confirmations and settlements, plus a minimum of 5 years of supervisory experience leading teams.

What are the main responsibilities of this Director position?

The role involves managing risk through overseeing margin processing, collateral reconciliations, and exception management; leading the regional team; preparing metrics; and partnering with technology and external providers to enhance workflows.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this a remote role, or what is the location policy?

This information is not specified in the job description.

What does the team culture emphasize in Derivative Operations?

The team is anchored on BlackRock’s principles of Innovation, Fiduciary focus, Passion for Performance, and One BlackRock, while fostering a positive work environment, partnering globally, and driving value through technology and client needs.

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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