Analyst, Collateral Management

About this role

Team Overview

BlackRock's Derivative Operations is a distributed team dedicated to providing outstanding operational support across the organisation with a client-centric focus. The group manages the post trade lifecycle for cleared derivatives and collateral management. It plays an integral role within the organisation interacting with multiple internal partners and external parties including OTC counterparts, futures and derivative clearing merchants and Prime Brokers. Facilitation of strong working relationships with all these parties, including external vendors such as custodians and fund administrators is imperative.

Key Responsibilities

• Assist management with the seamless integration of Collateral Management, Exchange Traded Derivative and Cleared OTC functions into a core BlackRock location.

• Help build a culture of openness, inclusion and proactive engagement at all levels, developing a “bottom up” approach to problem solving that favors creative, data driven, “outside of the box” solutions. Some team leadership responsibilities may be required.

• Adhere to stringent Operational risk management targets, working to resolve and raise aged or high value collateral or margin exceptions.

• Act as a technical specialist by actively participating in weekly Technology / Operations meetings, collating and presenting BAU issues requiring remediation and helping ensure strategic projects remain on track.

• Develop positive relationships with external providers, ensuring BlackRock’s value proposition, technology roadmap, industry position is effectively communicated and supported.

• Participate in regular reviews to ensure BlackRock and our clients receives outstanding levels of service from all third party providers.

• Assist in business development activities by acting as a subject matter specialist, attending prospect meetings and providing Operational demos to support Aladdin implementation to clients.

Experience

• 1+ years' experience in collateral management operations

• Self starter who enjoys operating in a fast-paced, high-intensity environment, who can assist with the creation of agendas

• Creative individual, who possess a passion for problem solving, is numerically proficient, has outstanding analytical skills and can think creatively

• Deep interest in data, metrics, analysis and trends but also an ability to think strategically and keep sight of the bigger picture

• Entrepreneurial drive and insight to identify control gaps and drive operational improvement initiatives.

• Excellent verbal communicator, capable of articulating complex problems in a simplistic manner

• Experience using data to drive decisions and a willingness to challenge the status quo

• Identify and resolve Operational risk embedded within the Collateral or Clearing function

• Gaining a detailed understanding of the Aladdin architecture framework, working with engineers / SME’s to implement technology plans and improve system capabilities

• Project Management and Operational Improvement skills (Prince, Lean, Six Sigma) or experience working with robotics / AI would be advantageous

• Comfortable collecting and distilling operational improvement requirements from internal and external users to provide technology partners with a clear understanding of improvement opportunities

• Customer service oriented and experience facing off with clients or partners

• Outstanding communication and presentation skills, with the ability to convey sophisticated concepts simply and clearly

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.