Cash & Asset Reconciliation, Tech & Ops, Associate

About this role

Purpose of Position:

At BlackRock, our Associate, Cash & Asset Reconciliation role presents an outstanding opportunity to join a first-rate finance team in Mumbai, Maharashtra, India. This role is fundamental in ensuring the seamless execution of our accounting and reporting services, which are catered to over 30 accounting clients. We are dedicated to upholding the highest standards in the preparation of monthly accounting packages, quarterly footnote schedules, cash and position reconciliation, and portfolio performance calculation. Your duty will be to effectively introduce operational improvements that improve efficiency and accuracy for our Insurance Accounting clients.

Primary Responsibilities Include:

• Performing daily responsibilities meticulously, including managing reports, resolving cash and position discrepancies, monitoring inboxes and dashboards, maintaining client and portfolio data, and handling daily subscription/redemption tasks.

• Delivering exceptionally high-quality client service both externally and internally by addressing inquiries, performing controls, resolving problems, and mitigating risks for clients and BlackRock partners.

• Preparing and/or reviewing reconciliations between BlackRock, Asset Manager, and Custodian Bank, including researching and resolving differences promptly and accurately.

• Conducting ongoing maintenance of existing accounts to reflect client or account-level changes meticulously.

• Collaborating with external service providers, internal team members, and other BlackRock groups to resolve issues as identified, encouraging a collaborative environment.

• Assisting in special projects and initiatives aimed at improving our service offerings and operational excellence.

Skills Required:

• Proven ability to prioritize and balance multiple requests while maintaining our overall objectives and deadlines.

• Strong decision-making skills to make well-thought-out decisions based on available information and to seek further assistance/clarification when necessary.

• Capability to multi-task and perform in a high-performance, high-demand environment.

• Initiative to follow up on issues, identifying what needs to be done and taking action.

• Organized and diligent with strong time management skills.

• Capability to thrive in a dynamic, collaborative setting and adeptly adjust to a constantly evolving business environment.

• Strong knowledge of equity and fixed income securities and derivative products.

• Proficiency in Microsoft Office and an interest in acquiring new skills.

• Preferred: A four-year degree in Finance, Accounting, Information Technology, or Economics.

• Understanding of upstream processes impacting reconciliation and ability to correlate the effects of changes.

• Versatility and receptiveness to fresh challenges, adept at managing multiple projects in a dynamic, fast-paced atmosphere, focusing on quality and precision.

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.