Vice President - Investment Accounting

Hong Kong, Hong Kong
Jan 07, 2022
Feb 06, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

About this role


Are you seeking an exciting opportunity in fund administration? BlackRock is hiring a VP Fund Administration for its Hong Kong team!

The team is accountable for NAV oversight, establishing accounting policy, coordinating financial reporting, providing vendor oversight, and leading product operational infrastructure for BlackRock's funds domiciled in Hong Kong and Singapore.

We are looking for an experienced professional to join our team to further support the business growth.

The team establishes the Fund Control Environment and ensures adherence to local and global procedures. It also maintains positive and effective relationships with Fund Administration teams in other locations in Asia, US, and EMEA, to ensure consistency of processes and efficient use of resources. This includes various control and administrative duties (such as daily NAV review, tolerances checks, invoicing, etc.) to achieve complete and robust oversight of specific fund processes. You will also be able to provide leading insights in new regulations and drive outstanding client experience through timely and accurate delivery of NAVs.

  • Supervise outsourced functions, including performance of the service provider, due diligence visits, leading all aspects of risk and control environments, investigation of NAV related queries.
  • Responsible for day-to-day activities, sets targets, implement guidelines, manage team performance and provide mentorship to the team
  • Responsible for fund audits, internal MIS reporting as well as reports provided by service providers. You will monitor their performance against SLA's and identify areas of risk or improvement.
  • Ensure team approach is consistent with global practice for controls, oversight and management of vendors and production of fund valuations.
  • Relevant recognized qualification (ACCA, ACA, CIMA, CPA, CFA)
  • Experience with ETFs including the creation and redemption process.
  • Expertise in fund valuation as well as associated reporting and requirements. Ensure compliance with all relevant BlackRock policies and regulatory requirements across all Products.
  • Proven track record to develop practical and pragmatic solutions through a 'hands on' approach and implementing change to processes and products.
  • Can work within a small team and across several larger teams and be a strong communicator - work well with all levels, including directors, industry groups, business heads and the firm's senior management.

  • 8-12 years proven experience within the asset management industry or a related industry, ideally with exposure to Fund Operation
  • Prepared to take the initiative, understanding that a highly organized team can drive better performance, and can take the lead in managing operational improvements and change.
  • High level of attention to detail and ability to resolve conflicting priorities;
  • Demonstrates a proactive and risk-focused approach to work, understanding the importance of identifying and raising issues appropriately;
  • Thrive in a multifaceted, fast-paced environment with high self-assurance, energy and drive;
  • Possess strong interpersonal skills, both written and verbal;
  • Ability to think strategically and consider implications of actions from all angles.
  • High proficiency in Microsoft Excel and prior hands on experience with automation tools (e.g. VBA, RPA, Python, etc.) would be an advantage. Experience with financial technology platform would be valuable.
  • Proficient in Mandarin, Cantonese, and English.

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.

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 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.

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