Fund Distributor Oversight GAAPS, Analyst

Fund Distributor Oversight (“FDO”) is within BlackRock's Technology & Operations division. We develop strategy and execute initiatives central to our growth aspirations and priorities. In our day-to-day, the team brings together professionals responsible for onboarding, oversight and managing our Fund Distributor Partners (”FDPs”) and ensuring compliance to local rules governing oversight requirements for these firms to protect BlackRock’s interest and reputation.  

We place a tremendous focus on empowering and developing our people, improving their leadership and delivery skills, and broadening their firm and industry knowledge. Projects and roles are assigned not just based on successful delivery, but also on individual development objectives and career aspirations.  

FDO is seeking an Analyst to assist with undertaking the operational due diligence at onboarding and the ongoing oversight & monitoring of our FDPs.  We are driving the multi-year transformation of the oversight program, developing technology with our partners and adding more automation to the operational process.  You will play a key role in supporting the transformation of our distribution oversight program.  The role will require a wide skill set including the ability to schedule work, interpret data, understand contracts, have good communication and able to build partnerships with internal & external stakeholders and clients.   

 Responsibilities  

• Working with internal & external partners to obtain the required documentation from each of our FDPs 

• Undertake an initial analysis and risk rating of FDPs as part of the onboarding process 

• Ensure ongoing review of FDPs is undertaken in a timely manner in line with the clients risk profile and monitoring of Key Performance Indicators in line with frameworks 

• Take ownership of your own workload and drive through to completion in line with agreed timelines 

• Report on progress to the manager, escalating any obstacles that may prevent you delivering on your agreed workload 

• Look for any opportunities to improve business processes and technology tools, with a lens on risk management and mitigation 

• Engage and maintain relationships with key partners across the firm to effectively navigate the global organization 

• Develop content knowledge and the ability to absorb and synthesize data/information 

About you  

• Bachelor’s degree is preferred 

• 1 to 3 years’ experience of investment industry, within a cross border management company, outsourced fund service provider, investment consultant or professional services firm, with knowledge of the wider distribution landscape for regulated investment products. 

• Strong commitment to service excellence with the analytical ability to synthesize information and summarize issues.  

• Attention to detail and ability to prioritize critical business issues. 

• The ability to meet deadlines, multitask and be proactive within a high pressure environment 

• Data entry skills and familiarity with spreadsheets and online forms 

• Excellent written and verbal communication skills 

• Strong collaboration skills and experience of working cross-functionally 

• Intellectual curiosity and the desire to take initiative and deliver results 

• Excellent attention to detail and a strong work ethic 

• Strong MS Office skills – PowerPoint, Excel and Word  

• Previous experience working in the areas of Distribution or Onboarding would be beneficial