About this role
The FI&A team is responsible for the external and internal reporting of BlackRock’s AUM, Net New Business, Revenue, and related analytics. On a weekly basis the team calculates AUM, enriches it with pipeline, revenue, client, and market commentary, and provides informative and insightful reports to senior management.
The team is also actively involved in firm wide Revenue forecasting and budgeting, and production of ARMR/Actuals which is a key source of information for internal Management reporting purposes.
The team produces information that helps articulate BlackRock’s vision and message to investors, clients, and press, as well as providing quantitative and qualitative support for senior management decisions.
The Finance Information & Analytics team is committed to performance excellence, the continuous optimization of its operating and production model and the rapid advancement in its strategic and tactical initiatives.
Job Summary
The FI&A team is looking for an individual to:
Support the weekly and monthly Private Markets production processes
Identify ways to improve the AUM, Flow, Net New Base Fees, Sales reporting, and Pipeline reporting processes
Work closely with upstream functions to increase efficiency in product onboarding and data reporting
Improve communication with our clients and partners, better understand their needs to ensure both internal and external reporting accurately reflect the Private Markets business
Display intellectual curiosity and lead automation and data mining/engineering projects
Support tactical and strategic initiatives, including data migrations and systems/data integrations, specifically in relation to internal and external reporting of Private Markets
Support the on-boarding and reporting of acquired firms
Responsibilities:
Support the weekly and monthly production of Private Markets internal and external reporting, across all asset classes
Understand the E2E AUM, Revenue, NNBF process and policy, and contribute to process improvement initiatives
Become a contributor to the development of appropriate metrics and control framework to better manage and report AUM, Flows, Revenue and NNBF
Develop strong working relationships with our clients & partners and identify ways to improve our products & service
Partner with colleagues in other business areas (Operations, Investments, Client Businesses, and Finance) to build strong end to end business processes with key focus on control framework, policy, and output accuracy
Support the on-boarding and reporting process for Private Markets. Partner, influence, and direct colleagues in other business areas (e.g., On-boarding, BDS, Client businesses, Investments, Billing, etc.) to achieve enhanced reporting accuracy
Provide oversight and guidance on integrations and migrations of internal and external data and systems
Challenge existing processes and policies, identify opportunities for improvement, and see them through to implementation
Skills / Experience:
Analytical, innovative, and organized with 4-6 years of experience and excellent attention to detail and commitment to excellence
Process minded with great focus on controls and risk mitigation by utilizing a methodical & organized approach
Ability to work through challenging deadlines
Strong team player with excellent interpersonal skills
Self-driven, enthusiastic, and intellectually curious
Experience of Private Markets reporting
Strong understanding of the investment processes across all product structures
Excellent verbal and written communication capabilities – ability to interact with all levels, and traverse business functions
Strong prioritization and influencing skills and ability to manage differing requirements from multiple ‘clients’
Ability and/or experience in developing strong partnerships with other business areas locally and globally
Proficient with Microsoft Excel
Experience with VBA and ATX desirable
Understanding and/or experience in Finance, Accounting, Financial Reporting, Operations and Data mining
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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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.
