About this role
Team Overview:
BlackRock’s Global Investment Operations (GIO) team is responsible for the post-trade and asset servicing functions that support BlackRock's investment businesses worldwide. GIO spans trade documentation, transaction management, collateral management, payments, corporate actions, reconciliations and securities lending functions. GIO partners with BlackRock's Portfolio Managers and Traders globally to provide operational excellence to our partners and clients.
GIO’s Derivative Operations team is responsible for handling, processing and managing BlackRock's Derivative activity, which includes Trade Confirmation/Clearing, Periodic Payments, Collateral Management and Reconciliation of Exchange Traded Derivatives, Cleared Swap, Contract for Difference and Over the Counter products. The Derivative Operations philosophy is anchored on BlackRock’s cornerstone principles: Innovation, Fiduciary focus, Passion for Performance, and the unified purpose of One BlackRock. Through this lens we strive to build value for our clients by understanding their needs, the markets, and using technology to create optimized solutions.
The Director is responsible for managing risk for the firm by overseeing Margin Processing, collateral reconciliations and exception management processes ensuring that BlackRock data is in line with CCP/Clearing brokers, custodians, counterparties and other prime record holders every day. Prepare monthly metrics, maintain training materials, provide thought leadership and liaise with technology to strategically enhance workflows and operating models. You will lead the regional team, managing performance, setting goals, solving problems and foster a positive work environment.
The team partners closely with global, product aligned teams in Derivative Operations to implement tactical and systematic solutions to optimize scale and reduce risk. The team also coordinates with external providers, particularly sell-side firms and FinTech vendors, to drive strategic changes across the industry.
Job Responsibilities:
Detailed data interrogation and trend analysis
Interpret, simplify and present data to partners with various backgrounds
Translate data to identify potential opportunities to increase scale and/or reduce operational risk
Partner with management teams to prioritize and implement data strategy
Implement process change and design solutions
Build and maintain constructive working relationships with internal and external partners to inspire change
Conduct meetings with external providers to discuss performance measurements and drive performance improvement
Participate in local, regional and global initiatives
Support colleagues in a global team environment
Review and documentation business process
Experience:
12+ years working in investment operations with proficiency in trade confirmations and settlements
Minimum of 5 years of supervisory experience; proven experience in leading teams of professionals, staff development, coaching and performance assessments
Strong organization skills with the ability to multi-task without losing sight of overall objectives and deadlines
Ability to work in a fast paced, rapid changing, deadline driven environment
Proven track record of leading and motivating teams
Contribute in creating a team vision, planning and delivering steps to ensure a consistently high performing team
Analytic problem solver comfortable working with large data sets
Excellent communicator, able to simplify and convey complex themes to different audiences
Demonstrate strong stakeholder management skills
Organized approach with diligent follow-up on open issues and identify appropriate action to be taken
Proven track record in enhancing and transforming workflows and operating models.
Capable with SQL, JIRA and Microsoft Office applications, especially PowerPoint and BI
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.
Top Skills
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 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.
