R231722
Description
About this role
BlackRock ETF Servicing Team – Analyst or Associate
Role Description And Responsibilities
ETF Platform Innovation and Change (EPIC) is a team within BlackRock's Technology & Operations division. We develop strategy and execute initiatives central to our indexing and firm-wide growth aspirations and priorities. In our day-to-day, the team brings together change professionals and domain specialists to deliver scale and innovation to some of BlackRock’s fastest-growing products.
This sits in our recently formed “Virtual” ETF Services Team (VEST) which is responsible for building the ETF Servicing function from the ground up. VEST is responsible for helping insource and manage ETF Servicing as part of the multi-year Mt. Sharp program. If you are the type of person who loves to be challenged and work outside your comfort-zone then this unique opportunity may be for you.
In this role, you will be primarily focused on our daily collateral and settlement related operational processes and will be responsible for completing daily core workflow oversight, data exception monitoring, inquiry management for specific VEST-owned tasks as part of the ETF order lifecycle, amongst other duties. There will also be opportunities to put your analytical abilities, problem solving skills and attention to detail to the test during the project phases of the Mt. Sharp engagement.
About You
Ideally to be successful in this role you will have solid understanding of one or more of the following areas:
- Fund accounting (e.g. data flows, consequences, relationships and impacts of actions within the fund accounting ecosystem on order economics)
- Technology proficiency in one or more of the following areas: technology suite (data model & data feed interaction with the ESP utility, API’s), industry technology (e.g. CNS, OMGEO, Swift), data and reporting toolsets (e.g. ADS/SQL, Microsoft Excel VBA/Macros, Tableau)
- General awareness of other BlackRock functional areas including, but not limited to: iShares Global Markets, iShares Product Engineering, EII Portfolio Engineering, TA Servicing, iShares Shareholder Services (e.g. Boston call center)
- Custody framework & operations
- ETF Operations (e.g. creation/redemption process)
- Trade Ops (e.g. end-to-end understanding of the trade lifecycle including clearing and settlement as well as stakeholders)
- Capital markets, securities, and financial instruments
- Distribution ecosystem and its impacts (e.g. end-to-end process workflow, partner interactions/dependencies, fund accounting aspects, process nuances)
FINRA Series 99 and SIE licenses are required for this role and must be obtained within 90 days of hire.
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 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.
