Associate, Aladdin Business Manager

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Mumbai, Maharashtra
In-Office
Fintech • Information Technology • Financial Services
Bringing together tech and market expertise to help people build better financial futures.
The Role

About this role

Title: Business Manager, Associate   

 

BlackRock is one of the world’s preeminent asset management firms and a world-class provider of global investment management, risk management and advisory services. Aladdin is the firm’s investment and operating technology platform and is offered to external clients. 

 

The Aladdin COO team provides cross functional support to an organization of several thousand individuals across engineering, data, product, client support, sales, marketing, and more. Within the Aladdin COO office, the Business Management team is responsible for managing a suite of key functions for org. We are seeking an Associate, Business Manager to report to the head of Business Management. 

 

The Business Management team acts as subject matter experts in a variety of areas including budget and P&L, headcount, recruiting, people topology, procurement, vendor strategy and more. Our role is to ensure smooth operations, develop process and operational controls, prioritize + hunt for efficiencies, ensure adherence to our budget targets, and keep our stakeholders plugged in.  

 

This role will concentrate on operating our estate, with a particular emphasis on managing external partners and associate expenditures, management of several significant cost categories and their P&L impacts, the oversight of a comprehensive suite of approval processes, and continuous improvement on the associated processes. 

  

This will require at least some prior experience in a business management, financial planning / analysis, vendor management, or procurement role. The hire must be a passionate, hardworking, and self-motivated go-getter with a unique blend of people, business, and financial skills. 

 

Key Responsibilities 

  • Oversee multiple reporting and business intelligence systems, ensuring we can effectively measure performance and use data to inform decision making.  

  • Oversight and analysis of several large, bespoke datasets. 

  • Act as the gate for multiple approval processes including (but not limited to) procurement (Coupa), ServiceNow, and Workday. 

  • Operate our tech consulting (contingent worker) estate: identify resourcing needs, manage the relationship with external vendors, maintain (a significantly sized) dataset on the population, and ensure that we stay within budget.  

  • Operate our broader expense management estate: maintain a close relationship with our internal procurement partners, understand procurement demand, oversee purchase orders, and look for anomalies in accruals / actuals. 

  • Analyze + understand macro trends, and actively manage P&L, in large spend categories including tech consulting (contingent workers), software, and Cloud. 

  • Capture requirements, connect them to business value, and translate them into easily understood reporting and action plans.  

  • Prepare presentations on strategic growth, financial performance, operational governance, and other critical items. 

  • Participate in and lead portions of our annual planning exercises. 

  • Join meetings to learn with senior leaders regarding strategic relationships, direction and governance, and summarize key points and follow ups. 

  • Focus on process improvement, finding ways to achieve the desired outcomes with fewer manual touchpoints while simultaneously improving transparency to key stakeholders. 

 

Who You Are: 

  • 2+ years of relevant experience in one or more of the following areas (or similar): business management, financial planning / analysis, vendor management, or procurement. 

  • Undergraduate degree required, with an MBA or advanced degree desirable. 

  • Financial Skillset: At minimum, must possess a basic understanding of the P&L lifecycle – including requisitions, POs, accruals, invoices / actuals – and their effect on the overall budget. 

  • Advanced Data Management: Significant hands-on Excel and data management experience is a must. Ability to track and manipulate significant datasets using disparate data sources, and the ability to design dynamic tooling that solves problems. Must be able to tell a compelling story by leveraging data, metrics, and visualizations.  

  • Advanced PowerPoint and Writing: Ability to produce quality presentations and synthesize key information using data and analytics. 

  • Problem Solving: Structured critical thinker with superior problem-solving abilities who can organize people under pressure and pull in key decision makers to prioritize issues and respond to senior leaders.  

  • Communication: Must be able to communicate upcoming deliverables and objectives, influence stakeholders and effectively manage programs with clear and inclusive guidance. 

  • Self-Starter: High level of self-motivation, able to own and drive things forward, gather feedback and identify ways to do things better along the way. 

  • Interpersonal Skills: Ability to engage a diverse set of stakeholders, build long term relationships, and create a collaborative and approachable environment, especially when working across departments or on time sensitive matters. 

 

Nice to Have: 

  • Background in an enterprise grade ERP system such as TM1 (preferred), SAP, IBM Cognos, EssBase, etc. (Coupa a plus). 

  • Operational background in people-focused areas such as headcount planning / reporting, talent acquisition, etc., and experience with HRIS tools (Workday a plus). 

  • Real estate / facilities management experience.  

  • Technical, product management, project management, or Agile background. 

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 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 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 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.

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The Company
HQ: New York, NY
25,000 Employees
Year Founded: 1988

What We Do

As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers.

BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today.

At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together.

Learn more: Careers.BlackRock.com

Why Work With Us

Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.

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BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.

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