Cash and Events Reconciliations / Investigations, Analyst
Cash and Events Reconciliations / Investigations, Analyst
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Job Description
About this role
Team Overview
The GIO Cash Operations Team is a dedicated group of professionals who ensure that all BlackRock cash and events data are accurate for critical processes including investment management analytics compliance and regulatory reporting. We provide information services and solutions that support all BlackRock and BlackRock Solutions businesses. Our work directly impacts the integrity of the investment book of record and supports timely accurate decision-making across the firm
Role Summary
As an Analyst in the Cash Reconciliation team you will play a key role in managing operational risk and exposure by ensuring daily reconciliation of cash balances between internal systems and external providers. You will be responsible for exception management data analysis process documentation and driving automation and efficiency initiatives. This role requires strong analytical skills attention to detail and the ability to collaborate across teams and geographies
Possess solid understanding of Trade life cycle. Comprehension of Cash management operations & OD tracking differential treatments on Corporate actions as per market products of Fixed Income/Equity is important. Understand the role of external parties involved Custodian/Brokers/Market Data providers etc.
Key Responsibilities
Perform daily cash and income reconciliations and troubleshoot discrepancies to ensure accuracy of published cash figures
Investigate exceptions assign ownership and follow through to resolution raising as needed based on risk and aging
Coordinate with upstream and downstream teams to manage exceptions and lead resolution efforts
Provide structured feedback to custodians and brokers escalating service issues and tracking performance gaps
Analyze Key Risk Indicators (KRIs) identify high-risk exceptions and contribute to risk mitigation strategies through both quantitative and qualitative analysis
Deliver consistent and concise management information (MI) reports prepare agendas and communicate metrics during collaborator engagements
Participate in automation and standardization initiatives to reduce manual effort and improve match/post/coding rules
Identify and raise operational risks with detailed documentation and collaborator engagement
Ensure compliance with regulatory requirements and understand upstream impacts on reconciliation processes
Evaluate systems and procedures recommending improvements to enhance control and efficiency
Qualifications
14 years of experience in cash operations reconciliation or exception management.
Strong understanding of financial instruments across asset classes (Fixed Income Equity etc.).
Proficiency in data analytics tools such as SQL VBA Python and familiarity with data science concepts.
Excellent analytical problem-solving and decision-making skills.
Strong communication skills with the ability to articulate complex issues to senior management and external partners.
High attention to detail and accuracy in deliverables.
Ability to work independently and collaboratively in a fast-paced deadline-driven environment.
Proficiency in Microsoft Office especially Excel.
Core Competencies
Focus on clients and business with a proactive approach.
Ownership and accountability for outcomes.
Ability to synthesize and present data clearly.
Strong control and risk mitigation mentality.
Relationship building and collaboration across global teams.
Adaptability and responsiveness to changing environments.
Commitment to continuous improvement and innovation.
Discernment and understanding of organizational operations.
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 well-being. 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.
Required Experience:
IC
Employment Type
Full-Time
