About this role
Market Data Operations – Market Data Client Support and Reporting – Analyst
BlackRock is one of the world’s preeminent asset management firms and a provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at improving out-performance to highly efficient indexing strategies designed to gain exposure to capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Overview:The Index & Data Solutions team (IDS) is responsible for the index and data strategy for the firm and the management of the commercial relationships with each provider. The Operations team within IDS handles all market data and index requests and works with vendors to address various reporting, invoice processing and other needs in timely manner. The group is comprised of three key areas: Client Onboarding & Service, Market Data Operations, and Index Licensing Operations.
Role Description:We are seeking an ambitious and motivated Analyst to join our Market Data Operations team in Gurgaon. In this role, you will play a key part in managing index and market data enablement workflows the firm. The position requires close collaboration with internal teams and third-party providers to ensure timely approvals, accurate inventory management, and seamless delivery of data services.
As an Analyst, you will handle daily third-party market data orders, project work and business inquiries from internal BlackRock teams and external clients leveraging BlackRock’s proprietary Investment Management Platform, Aladdin. You will confirm licensing requirements and secure financial approvals before granting system or data access and maintain accurate records by updating our inventory system (MDM) whenever new data is enabled.
Key Responsibilities:Provide excellent customer service when responding to client requests for index and market data services
Manage request workflows with third-party data providers, including contracts and inventory updates
Maintain changes to commercial subscriptions in third-party entitlement systems
Coordinate with external data providers to validate client licensing and enable market data services
Collaborate with IDS team members to periodically reconcile market data inventory with vendors
Investigate and resolve discrepancies to maintain accurate inventory records & support the billing process
Prepare and submit accurate market data usage reports to external providers
Support process reviews, recommend improvements, and assist with implementation
Build strong relationships with internal business stakeholders and external providers
Bachelor’s degree in business, math, or a related field
1-3 years relevant work experience; knowledge of the Financial Services industry preferred
Strong problem-solving and analytical skills are a must
Excellent communication skills (oral and written) are required
Must be able to quickly learn and navigate proprietary systems (BlackRock’s own and third-party platforms)
Intermediate Excel knowledge is required
Experience with SQL and MDM or other market data inventory system is a plus
Knowledge of Market and Index Providers and ability to interpret contract terms and conditions is helpful
Bold and proactive with a willingness to stretch outside comfort-zone
Self-starter, able to prioritize and deliver multiple assignments while maintaining high quality and consistent results
Proven record of alignment with BlackRock's Principles
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.
