About this role
Team Overview
The Deferred Compensation Administration team is responsible for all deferred compensation plans at the organization such as Restricted Stock Units (RSU) Options, Investment Professional Deferred Compensation, and Voluntary Deferred Compensation.
The team works closely with internal stakeholders such as Legal, Compensation, Employee Relations, Tax, Finance, and Human Resources.
The Role:
Administer the BlackRock Equity Plan, including:
Coordinate and manage new grants into the equity administration online tracking systems
Maintain the equity grants in the vendor tracking system through regular review and validation against internal systems
Facilitate the monthly vesting of equity awards per appropriate vesting schedules, including liaising with our HR tax and payroll teams to ensure accurate taxation
Validate, audit, and process new hires, terminations, and transfers to ensure proper treatment of deferred equity awards consistent with the terms of the plan and any other plan documents such as award agreements
Participate and deliver upon the annual major vesting event during the January year end cycle
Work with our recruiting & compensation teams to advise on candidate buy-out and sign-on equity compensation proposals
Review & value new hire documentation to present to our Management Development & Compensation Committee or their delegates for approval
Complete post grant/distribution tasks including auditing transactions & liaising with our Compensation Accounting department on unreconciled clearing account items
Serve as a first point of contact with internal clients related to equity compensation plans
Assist with the administration of other BlackRock plans including the Investment, Cash, and Voluntary Deferred Compensation plans
Co-manage team mailbox for internal queries
Provide outstanding customer service experience through generation of informative materials and prompt resolution of employee queries through internal ticketing system
Suggest and help implement process improvements and best practices as appropriate, including improving documentation of key policies and processes
Qualifications:
Bachelor’s degree or equivalent by experience
At least 3 years’ operations experience, including experience with high volume, automation, & data management
Ability to manage multiple tasks, in an organized manner, and adhere to strict completion deadlines
Demonstrated ability to work independently as well as part of a team and excel in a fast-paced, high-intensity environment
Strong analytical skills that enable candidate to recognize and resolve problems
Strong proficiency with Microsoft Excel (i.e. Index Match / XLOOKUP / Pivots); proficiency with Alteryx strongly desirable
Excellent written and verbal communication skills
Financial services, asset management, and/or investment banking industry experience is preferable
Key Competencies:
A high level of attention to detail
Risk management
Teamwork including collaborating with remote team members
Problem solving
Desire and ability to provide outstanding service to internal clients
Adaptability / Resilience
Proven ability to manage competing priorities and meet tight deadlines
Ability to identify, analyze, develop, and document improvements to processes and/or procedures
Communicate with impact
A positive and ‘can-do’ attitude
Discretion in dealing with confidential information and prudence when interacting with senior level leaders
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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.
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.Similar Jobs
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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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.
