About this role
Your teamBlackRock’s Outsourced Platform Services (OPS) provides Investment Accounting and Middle Office services for clients across approximately $2.7 trillion in assets, 250,000 positions, 1,700 portfolios, and more than one million reconciled transactions annually.
The OPS Cash Operations team sits within Technology & Operations and plays an important role in supporting the investment process by helping ensure clients’ cash and position data are accurate and reliable. The team supports a range of asset classes and transaction types, including equities, fixed income, over-the-counter derivatives, foreign exchange, synthetic positions, and collateral. Through daily reconciliation, exception management, risk oversight, and collaboration across functions, the team helps deliver scalable processes and strong client outcomes.
Your role and impact
As a Cash Operations Associate, you will help manage operational risk and exposure for clients by ensuring the investment book of record is accurately reconciled against external record holders. You will develop expertise in the reconciliation process, investigate and resolve exceptions, analyze operational data, and partner with internal and external stakeholders to address issues.
You will also contribute to the continued evolution of the platform by identifying opportunities to strengthen controls, improve processes, increase transparency, and enhance efficiency through automation and standardization. The role offers exposure to investment operations, financial instruments, data analysis, risk management, and cross-functional client service.
Your responsibilities
In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:
- Complete daily cash reconciliations, research and resolve exceptions, and ensure the timely and accurate publication of cash figures.
- Analyze operational data and processes to identify trends, improve transparency and efficiency, and drive opportunities for automation, standardization and process enhancement.
- Partner with internal and external stakeholders to resolve issues, escalate priority matters, and review key risk and process indicators through completion.
- Develop and oversee key controls and reporting, supporting effective risk management, regulatory requirements and adherence to client service-level agreements.
- Build an end-to-end understanding of upstream dependencies and collaborate cross-functionally, including with Accounting, to maintain alignment between investment and accounting books of record.
- Maintain accurate process documentation and share knowledge across the team to support consistent execution and understanding of key processes.
Your experience
- Bachelor’s degree, preferably in Accounting, Finance, Business or Economics, with knowledge of financial instruments and derivative products preferred.
- Strong analytical and problem-solving skills, with data analytics capabilities and familiarity with tools such as VBA, SQL or Python preferred.
- Highly organized and detail-oriented, with the ability to manage competing priorities while maintaining accuracy and meeting deadlines.
- Strong communication and relationship-building skills, with the ability to articulate solutions effectively to clients, internal partners and senior stakeholders.
- Curious and adaptable, with the ability to connect information across processes, learn quickly, and develop practical solutions in a dynamic environment.
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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
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.Skills Required
- Bachelor’s degree
- Bachelor’s degree preferably in Accounting, Finance, Business, or Economics
- Knowledge of financial instruments and derivative products
- Strong analytical and problem-solving skills
- Data analytics capabilities
- Familiarity with VBA, SQL, or Python
- Highly organized and detail-oriented
- Ability to manage competing priorities while maintaining accuracy and meeting deadlines
- Strong communication and relationship-building skills
- Ability to articulate solutions effectively to clients, internal partners, and senior stakeholders
- Curiosity and adaptability
- Ability to connect information across processes, learn quickly, and develop practical solutions
BlackRock Compensation & Benefits Highlights
-
Retirement Support — Retirement savings support is highlighted, including access to a 401(k) and financial education, and is repeatedly characterized as a strong part of the package. Employer contributions and matching are cited as valuable components to overall compensation.
-
Healthcare Strength — Medical, dental, and vision coverage are consistently described as comprehensive, with options that include telemedicine and mental-health resources. The offering is often regarded as a solid anchor benefit, with plan choice and coverage breadth noted as positives.
-
Parental & Family Support — Paid parental leave is a notable strength, with policies such as up to 16 weeks for a primary caregiver and additional family-forming supports like adoption and fertility benefits. Backup child and elder care resources further reinforce the family-focused design.
BlackRock Insights
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.
Gallery
BlackRock Teams
BlackRock Offices
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.
