Cash Asset Reconciliation OPS Vice-President

About this role

About OPS Reconciliation

The Outsourced Platform Services Reconciliation Team is a dedicated group of professionals who ensure that all BlackRock cash & position data are accurate for critical processes including investment management analytics compliance and regulatory. Cash & Position types include but are not limited to equities fixed income OTC derivative positions (swaps swaptions FXs and synthetics) and collateral. We provide information services and solutions in supporting this business. The roles and responsibilities will include actively handling risk and exposure for BlackRock by ensuring the investment book of record is reconciled with the custodian manager client and/or prime record holders daily. The role requires an understanding of the mechanics of the reconciliation process exception management troubleshooting issues driving innovative enhancements data analysis maintaining documentation assisting management in leading processes and recommending improvements to ensure efficient and accurate processes.

Primary Responsibilities Include:

• Completing day to day assigned tasks including control reports cash and position break resolution inbox and dashboard monitoring client and portfolio data maintenance and daily subscription/redemption activity.

• We provide high quality client service externally and internally. Address inquiries perform controls resolve problems and mitigate risks for clients and internal BlackRock partners.

• Preparing and/or reviewing reconciliations between BlackRock Asset Manager and Custodian Bank. Includes researching differences and resolving them in a timely and accurate manner

• Performing ongoing maintenance of the existing accounts to reflect client or account level changes.

• We work with external service providers internal team members and other BlackRock groups to resolve issues as identified.

• Assisting in special projects and initiatives to improve the service offering

• Enjoy developing strong internal & external relationships with a focus on partnership & client service

• Constantly evaluate process and procedures for inefficiencies and make recommendations for improvement. Act as a changemanagement agent to consistently improve the quality control environment and develop standard methodologies.

• Raising all material risk items and service issues on a timely basis.

• Coaching and mentoring of team members to encourage high individual performance and service standards

• Demonstrating ability to selfimprove and develop. Understand the impact of cash on upstream and downstream partners.

• Work with external administrator internal team members and other BlackRock groups to resolve fund accounting and other operational issues as identified

• Perform periodic internal reporting to other BlackRock groups (e.g. fund metrics AUM fee revenue investor data).

• Lead and participate in group projects and initiatives.

• Respond to ad hoc requests from outside investors and other BlackRock groups.

• Communicate performance results to investors and resolve investors questions.

• Participate in investor due diligence meetings as required for product set and explain the controls in place to ensure accurate reporting to clients is achieved

Skills Required:

• The ability to prioritize and balance multiple requests without losing sight of our overall objectives

• You possess strong decisionmaking skills to make wellthoughtout decisions based on the information provided and to obtain further assistance/clarification when vital

• You are able to multitask and perform in a high performance high demand environment!

• You take the initiative to follow up on issues identify what needs to be done and act

• Ability to multitask balance multiple priorities and meet deadlines in a fastpaced and evolving team

• You are organized and detail oriented with strong time management skills

• Ability to work in a multifaceted and team oriented environment and quickly adapt to a constantly evolving business

• Contributor to the leadership team ensuring appropriate staffing model depth charts and succession plans are assessed across the location

• Do you have the social skills to effectively articulate solutions to internal and external partners

• Capability to assist in creating a team vision planning and executing steps to ensure a consistently robust team

• Thrive in a team environment and build strong relationships with colleagues and external contacts such as custodians counterparties and other thirdparty providers

• You have strong knowledge of equity and fixed income securities and derivative products

• You are proficient in Microsoft Office and have an aptitude for learning new applications!

Preferred:

• Understanding upstream processes impactful to the reconciliation and develop ability to correlate the effect of change

• Flexible and open to accepting new challenges; able to work effectively and efficiently on multiple projects at a time in a dynamic demanding and constantly evolving environment while maintaining the highest standard and attention to detail

• 10 years of investment / fund accounting /Reconciliation work experience or equivalent including review experience for at least a portion of that time.

• Strong leadership and management skills and ability to collaborate across many teams.

• Dynamic individual with very strong communication skills both written (presentations/policies/process documents) and verbal.

• Positive attitude with very strong problemsolving skills.

• Great multitasking skills great project management skills and deadline focused.

• Knowledge of technical and regulatory issues affecting the alternatives investment fund industry including knowledge of investment company accounting/reporting US GAAP and IFRS. (Infrastructure/Private Equity/Valuation experience a plus.

• CPA candidate preferred but not required.

• Standout colleague with excellent interpersonal skills including ability to collaborate with a broad network of colleagues to help resolve issues.

• Excellent verbal and written communication skills ability to interact and clearly communicate complex concepts to a wide variety of partners

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

BlackRocks 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 4 days in the office per week with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. 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 wellbeing. Our clients and the people they serve are saving for retirement paying for their childrens 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. Its why were 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: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age disability family status gender identity race religion sex sexual orientation and other protected attributes at law.