Cash Reconciliation - Associate

About this role

About BlackRock

Elevate your career by joining the worlds largest asset manager! Thrive in an environment that promotes positive relationships and recognises outstanding performance! We know you want to feel valued every single day and be recognised for your contribution. At BlackRock we strive to empower our employees and effectively engage your involvement in our success. With over USD $10 trillion of assets we have an outstanding responsibility: our proprietary technology Aladdin and services empower millions of investors to save for retirement pay for college buy a home and improve their financial well-being.

Technology & Operations (T&O) is responsible for the firms worldwide operations across all asset classes and geographies. The operational functions are aligned with clients products fund structures and our third-party provider networks. Global Investment Operations (GIO) a function within T&O is responsible for the development of the firms operating infrastructure to support BlackRocks investment businesses worldwide. Professionals hired into this role will become intimate with all operational flows and operational processes including architecting operational solutions and managing relationships with portfolio managers and traders our end clients brokers custodian banks fund accountants administrators and more.

The Cash Operations team is an essential control function to the investment process ensuring that all BlackRock Cash data is accurate for investment management analytics compliance and regulation. Our team provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses inclusive of Middle Office Outsourcing servicing.

What You Will Do

• Be a risk manager: identifying leading and mitigating operational risks and raising risk and service issues on a timely basis
• Take ownership of exceptions from start to finish by investigating exception root causes partnering with internal/external teams to take corrective action and following through until resolution is achieved
• Ensure reconciliations are completed timely and accurately. Review cash exceptions daily to ensure the team is appropriately raising and resolving
• Contribute to a control-focused culture by building expertise of team controls and meeting standards in output
• Lead and motivate the team towards finding opportunities for process enhancements and other strategic operational enhancements that facilitates operational processes or mitigates operational risk
• Understand upstream processes impactful to the reconciliation and develop ability to correlate the impact of change
• Foster strong internal & external relationships with a focus on collaboration & client service excellence

Skills Required

• 5-6 years previous experience in similar role
• Reconciliations experience preferred
• Financial Services experience essential
• People management experience preferred but not essential
• Experience in SQL VBA Java not essential but would be an advantage

Who You Will Ideally Be

Curious- You are an innovative thinker constantly looking for ways to skilfully adjust and optimize processes. You care about the quality of your input and have a clear understanding of your end goal bringing people on the journey in an effective way

Driven- You are a people person who can talk to anyone and most importantly listen. You are a self-starter with highly developed negotiation and influencing skills motivated to take the initiative and achieve goals. You can also play the diplomat but be decisive too. You understand the impact of a highly satisfied excited team. You are passionate about solving difficult issues

Adaptable You are outcome focussed and can solve sophisticated problems in a dynamic fast paced environment with the ability to multi-task to keep up with deadlines

Growth Mindset You will strive to enhance your skills and knowledge on a regular basis challenging the status quo

Collaborative You foster strong internal & external relationships with a focus on collaboration & client service

Our benefits

To help you stay energized engaged and inspired we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 race religion sex sexual orientation and other protected characteristics at law.