Analyst, Investment Operations

About this role

About BlackRock’s China Fund Management Company

BlackRock’s purpose is to help more and more people experience financial well-being and the firm has a long history of investing in and serving investors in China. BlackRock aspires to become the leading global asset management firm operating in China and is committed to contributing to the long-term development of the local asset management industry. BlackRock China Fund Management Company, a Shanghai-based wholly-owned subsidiary of BlackRock, aims to extend its asset and risk management expertise and offer Chinese investors innovative and diversified mutual fund products and investment solutions to help transform more cash savers into long-term investors.

Role Description

Investment Operations spans various functions including Transaction Management, Corporate Actions, Cash & Assets Reconciliations, Trading & Market Documentation and New Instrument Process. This individual would work very closely with investment and trading teams to support business and product expansion in China.

Key Responsibilities:

• Work closely with Investment and Trading teams to support the full trade lifecycle from account set up, funding, settlement, margin, collateral and reconciliation;
• Collaborate closely with counterparties and custodians to facilitate timely trade settlement and minimize potential fails;
• Handle cash and trade workflow error resolutions, including funding shortages or failed trades across products (FX, equities, bonds, derivatives);
• Ensure all corporate actions, including income events, are captured, validated, elected and processed timely across entitled funds;
• Perform daily transaction, position and balance reconciliation, ensuring all exceptions are investigated and resolved before end of day;
• Facilitate custodian/broker/counterparty onboarding, registration with PBOC for CIBM access, and related accounts opening;
• Partner with technology and business team stakeholders to design, test, and implement scalable and robust system solutions and controls.
• Handle Investment Operations queries across China onshore products from both internal and external partners;
• Call out all material risk items and service issues on a timely basis;
• Participate in project work, presenting timely delivery of relevant project tasks;
• Contribute to the operating model design process for new products onshore, including learning the local and global practice.
• Support improvements in relation to processes/procedures and controls that create capacity and scale

Qualifications, Knowledge and Experience:

• 2+ years of proven experience within the asset management industry or a related industry, ideally with exposure to fund accounting, transfer agent, or settlement (equities, fixed income, futures and derivative instruments);
• Prepared to take the initiative, and take the lead in managing operational improvements and change.
• High level of attention to detail and ability to resolve conflicting priorities;
• Demonstrates a proactive and risk-focused approach to work, understand the importance of identifying and raising issues appropriately;
• Ability to work in a multi-faceted, fast-paced environment with confidence, high energy and a driven mindset;
• A proven ability to develop strong collaborative working relationships with key partners;
• Possess strong interpersonal skills, both written and verbal;
• AMAC fund practitioner qualification and asset management industry experience preferred;
• High proficiency in Microsoft Excel and prior hands-on experience with automation tools (e.g., VBA, RPA, Python, etc.) would be advantageous.
• Experience with financial technology platforms would be valuable.
• Proficient in Mandarin and English.
• Relevant recognized qualifications (ACCA, ACA, CIMA, CPA, CFA) would be an advantage.

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.