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Global Fund Distributor Services, Tech & Ops, Analyst

Global Fund Distributor Services, Tech & Ops, Analyst

ConfidentialMumbai, India
8 days ago
Job description

About This Role

Technology and Operations ("Tech Ops") supports the development of the firm&aposs operating infrastructure to support BlackRock&aposs investment businesses worldwide. Tech Ops establishes and coordinates operational procedures internally and externally with clients, custodians, accounting agents, prime brokers, broker-dealers, and other vendors, as well as strengthen BlackRock&aposs relationships.

Global Fund Distributor Services ("GFDS") is a unit within Tech Ops – Global Accounting and Product Services (GAAPS). GFDS provides management and oversight of BlackRock Fund Transfer Agents and distribution partners that service and distribute our Fund Ranges globally. We also perform governance and oversight of BlackRock's Retail Fund Distribution Partners. As we look to expand GFDS footprint in India, we are seeking for diverse operational experience Analyst to join our team.

These roles will sit either within Transfer Agency Financial Control function with a focus on reconciliation of our CASS and Collection account positions for the fund ranges looked after by our external vendors. In addition, we have another role within the Dealer Services team with a focus on the oversight, reporting, monitoring and servicing for intermediaries and support distributor operations for BlackRock Investments LLC (BRIL) on a variety of products including Mutual Funds, 529, and Alternatives.

This role requires a strong attention to detail, diligent, proactive attitude to ensure all deadlines are met with a strong focus on accuracy.

As a member of the team this role will primarily be responsible for the following :

  • Perform specific tasks related to the Due Diligence Reviews (DDRs) of third-party intermediaries for various fund types including compiling target list, completing risk assessments, tracking and maintaining progress, preparing materials for internal committee.
  • Collect and report out fund financial information needed for BRIL
  • Evaluate intermediaries&apos compliance with prospectus disclosure requirements, laws, regulations, and contractual agreements.
  • Maintain and update industry repository (DTCC MFPSII) with prospectus updates
  • Conduct monthly Broker Dealer licensing review
  • Provide monthly reporting to internal and external business partners for retail mutual funds and 529 products.
  • Complete fund fact sheets for intermediaries for retail funds, 529 and alternative products
  • Conduct initial due diligence review on intermediaries executing new dealer agreements
  • Produce daily / quarterly department metrics
  • Complete the reconciliation of CASS and collection account bank accounts
  • Investigate and resolve day to day operational queries, issues and incidents in relation to reconciliation of cash accounts
  • Oversight & governance of all Transfer Agency CASS activity including the daily oversight of external and internal client money and corporate reconciliations ensuring that all actions are completed in a timely manner.
  • This includes assisting in the compilation of monthly CMAR return which is presented to the Head of CASS

Experience

  • Minimum 2-4 years of financial services experience and have a good understanding of Financial Markets, preferably within the Asset Management, Reconciliation role or Transfer Agency Oversight environment.
  • Strongly proficient in Excel and Microsoft Office
  • Bachelor's degree in finance, business or a related field
  • Experience working under time constraints and within deadlines
  • Strong analytical and problem-solving abilities to evaluate compliance and financial information.
  • High level of accuracy and attention to detail in managing financial data and compliance documentation.
  • Knowledge of SQL and similar database technologies (Aqua Data) as well as an emphasis on automation and visualization tools (Tableau / PowerBI) would be beneficial

    • Relevant Skills

  • Attention to detail, strong analytical skills, and ability to prioritize critical business issues
  • Ability to meet deadlines, multitask and be initiative-taking within a high pressure environment
  • Strong collaboration skills and experience of working cross-functionally
  • Intellectual curiosity and the desire to take initiative and deliver results
  • 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 in GAAPS and across the firm to effectively navigate the global organization
  • Provide exceptional client service through quick and complete response to internal / external client queries
  • Assist with developing metrics and reporting for senior management

    • 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.

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    Skills Required

    Powerbi, Microsoft Office, Tableau, Excel, Sql

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