Market Data Operations, Client Support and Reporting, Analyst

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

Knowledge/Experience:

• 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.