Pricing Associate

Edinburgh, United Kingdom
16 Oct 2022
23 Oct 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

About this role

Data & AI ensures that all portfolio information (Core Enterprise Data) necessary for the investment management process is complete, accurate, timely and effectively controlled using the latest technology and tools. Data & AI provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses.

The Pricing & Economy Group is responsible for the collection and validation of market prices for all assets and liabilities held in led portfolios, as well as for the distribution of those prices to accounting agents and custodians, where appropriate. Responsibilities also include oversight of third-party accounting agents and custodian security pricing methodologies for proprietary commingled products, as well as daily verification of OTC derivative valuations. In addition, the team collects a wide range of market data including FX rates, interest rates, inflation levels, mortgage data and volatility data.

This role will assist in delivering on the vision for Data & AI, especially for quality control of evaluated bond pricing data. The candidate will be required to advocate the use of technology to craft innovative solutions to help achieve an elite data quality process.

  • Defining and Driving Toward Target State Pricing Ecosystem- Work in partnership with Data & AI - Data Ops teams to develop requirements, test and implement next generation pricing process and controls.
  • Daily Valuation Control - respond to issues arising from the daily quality control process that require expert assistance
  • Project Management - Maintain inventory of active projects and technology requests, and execute to meet agreed delivery dates
  • Vendor Management - Partner with pricing vendors and fund administrators to develop and maintain a high quality, end-to-end pricing supply chain
  • Policy & Process - Develop and drive adherence to quality control procedures. Support the organization and oversight of Pricing governance bodies.
  • Ad hoc Requests - assist team with data requests, trainings and demos, business continuity efforts, valuation Committee minutes and other activities that ensure smooth running of the Global Pricing & Economy team

  • 3 to 5 years of experience in financial services, especially in either producing or controlling evaluated bond pricing or derivatives
  • Direct knowledge of fixed income instruments, familiar with evaluation methodologies from vendors such as Bloomberg, ICE Data Services, Markit, JPM Pricing Direct and Refinitiv
  • Fluency with pricing tools such as those found on Aladdin, Bloomberg terminals, etc
  • Direct knowledge of fund administration and/or fund accounting is preferred
  • Advanced skills in Excel, plus data management tools such as SQL. Python experience is a plus
  • Aladdin experience is a plus
  • Bachelor's degree in Finance, Accounting, Economics, or related field is preferred, but not limited to
  • Strong organizational, planning and time management skills including ability to function effectively within a fast-paced environment and ability to multitask
  • Proven track record in delivering on major projects with little oversight
  • Strong financial and quantitative abilities, including attention to detail and affinity for data analysis
  • Excellent communication and interpersonal skills, including ability to deliver presentations, coordinate across the firm, and work in a different location than other team members
  • Sound judgment, professionalism and discretion
  • Ability to function effectively under tight deadlines and constraints

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. 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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
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