Associate, Aum & Revenue Analytics

R232160

Description

About this role

Business Unit Overview

The AUM & Revenue Analytics team is responsible for the external and internal reporting of BlackRock’s AUM, Net New Business, Revenue, and related analytics. On a weekly basis the team calculates AUM, enriches it with pipeline, revenue, client, and market commentary, and provides informative and insightful reports to senior management.

The team is also actively involved in firm wide Revenue forecasting and budgeting, and production of ARMR/Actuals which is a key source of information for internal Management reporting purposes.

The team produces information that helps articulate BlackRock’s vision and message to investors, clients, and press, as well as providing quantitative and qualitative support for senior management decisions.

The AUM and Revenue Analytics team is committed to performance excellence, the continuous optimization of its operating and production model and the rapid advancement in its strategic and tactical initiatives.

Job Summary

The ARA team is looking for an individual to:

• Support the on-boarding and reporting of acquired firms
• Improve communication with our clients and partners, better understand their needs, and help deliver an improved product
• Identify ways to improve the AUM, Flow, Net New Base Fees, Sales reporting, and Pipeline reporting processes
• Display intellectual curiosity and lead automation and data mining/engineering projects
• Support and lead the weekly and monthly production processes
• Support and lead tactical and strategic initiatives, including data migrations and systems/data integrations

Responsibilities

• Support the on-boarding and reporting process for complex assignments. Partner, influence, and direct colleagues in other business areas (e.g., On-boarding, BDS, Client businesses, Investments, Billing, etc.) to achieve enhanced reporting accuracy
• Understand the E2E AUM, Revenue, NNBF process and policy, and contribute to process improvement initiatives
• Challenge existing processes and policies, identify opportunities for improvement, and see them through to implementation
• Provide oversight and guidance on integrations and migrations of internal and external data and systems
• Support the weekly and monthly production
• Become a contributor to the development of appropriate metrics and control framework to better manage and report AUM, Flows, Revenue and NNBF
• Develop strong working relationships with our clients & partners and identify ways to improve our products & service
• Partner with colleagues in other business areas (Operations, Investments, Client Businesses, and Finance) to build strong end to end business processes with key focus on control framework, policy, and output accuracy

Skills / Experience

• Self-driven, enthusiastic, and intellectually curious
• Strong prioritization and influencing skills and ability to manage differing requirements from multiple ‘clients’
• Analytical, innovative, and organized with excellent attention to detail and commitment to excellence
• Process minded with great focus on controls and risk mitigation by utilizing a methodical & organized approach
• Strong team player with excellent interpersonal skills
• Strong understanding of the investment processes across all product structures
• Understanding and/or experience in Finance, Accounting, Financial Reporting, Operations and Data mining
• Ability and/or experience in developing strong partnerships with other business areas locally and globally
• Ability to work through challenging deadlines
• Experience with VBA and ATX desirable
• Excellent verbal and written communication capabilities – ability to interact with all levels
• Proficient with Microsoft Excel

For New York City only: The salary range for this position is $104,500 - $120,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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 model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently 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. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

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 @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.