Fund Distributor Operations Analyst

Description

About this role

This position will sit onsite in our Princeton, NJ office

About BlackRock

Elevate your career by joining the world's largest asset manager! Would you thrive in an environment that fosters positive relationships and recognizes outstanding performance? We know how important it is to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over $9 trillion of assets, 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.

Team Overview

The Global Accounting and Product Services (GAAPS) division is responsible for providing operational support to BlackRock's portfolio management teams and clients. GAAPS is central to business operations in providing subject matter expertise, monitoring fund administrator service delivery in relation to fund accounting and financial reporting, monitoring operational capacity for new products, supporting projects in relation to product launches and liaising with fund administrators, auditors, fund directors and portfolio managers.

Your role and impact (build out)

You will have an opportunity to work in a fast-paced, diverse environment within the Funds Distributor Operations Team that provides operational support for Blackrock Model Portfolios and Third party Financial Intermediary payments.

Your responsibilities

• Work closely with partners (Contracting, Sales, Finance, Fund Accounting, Accounts Payable, Audit) to process third party payments while ensuring contractual terms are properly enforced and audit requirements are satisfied
• Maintain and reconcile Retail and Liquidity intermediary data . This could include researching differences between Transfer Agents, trading partners and fee payment software using Excel/MS Access
• Ensure a robust control environment exists between the fund service provider and internal partners.
• Drive increased efficiency and innovation through continuous review of operating procedures and planning / evaluating technology improvements
• Maintain and reconcile Models Solutions AUM reporting data within core systems. This could include researching information across a variety of data sources from Clients, trading partners and other internal systems

You have:

• Bachelor's degree is required with 2 years of experience preferred
• Major or minor in Accounting or Finance preferred
• The ideal candidate should be fluent in Microsoft Office products with an emphasis on advanced Excel knowledge

Competencies

• A proven ability to explain complex concepts to a broader audience. (Communication Skills)
• Self-motivated, determined to achieve goals and works hard to meet those goals; Ability to work independently as well as in a team environment (Drive, Determination and Execution)
• Natural teammate able to work in an innovative, driven, and fast paced environment
• Excellent organizational and problem-solving skills; be able to manage and prioritize a wide variety of concurrent and competing projects
• Makes timely decisions and is prepared to take action in conditions of uncertainty or ambiguity (Decision Making)
• A strong attention to detail is imperative with the ability to multi-task and work under pressure to meet deadlines with a heightened attention to detail
• Ability to identify and resolve data discrepancies quickly by using sound analytical and problem-solving skills

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified individuals without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work pilot

BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.