Investment Accounting - Associate at BlackRock

Edinburgh, Scotland, United Kingdom

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Investment ManagementIndustries

Requirements

Bachelor’s degree
1 to 4 years of equivalent work experience in the Mutual Fund Industry
Minimum of 1 year’s experience in Mutual Fund Accounting, Administration or Audit (preferred)
Mutual fund regulatory and GAAP knowledge (preferred)
Tax knowledge (beneficial but not essential)
Excellent organization, communication and writing skills
Proficient in Excel, Word and PowerPoint (Power BI and SQL a plus)
Proven ability to work in a team oriented environment
Enjoys a fast-paced, high-intensity environment
Attention to detail and accurate work
Ability to analyze relevant information using logic and consider relevant facts to make rational, realistic and sound decisions
Excellent verbal and interpersonal communication skills; clear articulation of financial analyses and issues to management
Self-motivated and determined to achieve goals
Promotes and facilitates group work using encouragement and motivation
Effectively plans, implements and controls major projects or strategic assignments involving multiple resources and sophisticated scheduling in a team or cross-functional approach
Makes timely decisions and takes action in conditions of uncertainty or ambiguity

Responsibilities

Assist in daily accounting oversight of mutual funds, iShares and CIFs
Perform daily and monthly functions using appropriate controls in accordance with accounting and procedural policies
Partner with custodians, counterparties, accounting providers and various internal departments to resolve operational, valuation and accounting issues
Conduct reconciliation oversight
Review fund performance against benchmarks
Oversight of fund expenses
Communicate with all levels of management
Participate in product life cycle events, such as fund launches, mergers and liquidations
Complete tasks in an accurate and timely manner

Skills

Key technologies and capabilities for this role

Fund AccountingReconciliationPerformance ReviewBenchmark AnalysisExpense OversightMutual FundsiShares ETFsCollective Investment FundsCustodian ManagementValuation OversightRisk Management

Questions & Answers

Common questions about this position

What experience is required for the Investment Accounting Associate role?

A Bachelor’s degree is required along with 1 to 4 years of equivalent work experience in the Mutual Fund Industry, with a minimum of 1 year in Mutual Fund Accounting, Administration or Audit preferred.

What skills are needed for this position?

Candidates need excellent organization, communication and writing skills, proficiency in Excel, Word and PowerPoint, with Power BI and SQL as a plus, plus Mutual fund regulatory and GAAP knowledge preferred.

What is the work environment like in this role?

The team enjoys problem solving and working collaboratively in a fast-paced, high-intensity environment.

What career growth opportunities are available?

The role offers opportunities for continued professional development with a career path within the group or into other operating teams or business areas across BlackRock.

What makes a strong candidate for this FAO Analyst position?

A hardworking, ambitious learner with a strong work ethic, proven ability to work in a team-oriented environment, and relevant mutual fund experience stands out.

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