Director, Transaction Management - Delaware

About this role

Want to elevate your career by being a part of the world's largest asset manager? Do you thrive in an environment that fosters positive relationships and recognizes stellar service? Look no further. BlackRock is currently seeking a Transaction Management Operations Director to become part of our team. We recognize that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you the opportunity to grow professionally and as an individual.

We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. We have an extraordinary responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Come join our team and experience what it feels like to be part of an organization that makes a difference.

Team Overview

BlackRock’s Outsourced Platform Services (OPS) is responsible for the middle and back office services in support of BlackRock Solution’s outsourcing services businesses worldwide. OPS spans data and security master management, transaction management, collateral management, payments, corporate actions, reconciliations, alternative operations, and investment accounting functions. OPS is situated globally to provide operational excellence to our partners and clients.

OPS’s Transaction Management Operations team is responsible for the confirmation and settlement of transactions with counterparties and custodians. General functions include trade confirmations, settlement governance, collateral management, margin and payment processing, and exception resolution, mitigating settlement risk, facilitating trading activity with providers. Key focuses include managing day-to-day broker/dealer and custody relationships, ensuring globally consistent trade confirmation and processing, enhancing operational control and reporting, mitigating risk, and servicing clients to reaffirm expectations and deliver outstanding client service.

Transaction Management is responsible for applying data to identify and quantify improvement opportunities across the post-trade lifecycle. As the name suggests, the team has two primary missions:

1. to oversee the efficiency of business processes and providers

2. to find opportunities for business process and technology improvements. Both rely on data analysis to identify trends, measure impacts and predict outcomes. The team partners closely with global, product-aligned teams across OPS to implement tactical and systematic solutions to optimize scale and reduce risk. The team also coordinates with external providers, particularly sell-side firms, to drive strategic change across the industry.

Responsibility

• Detailed data interrogation and trend analysis

• Translate transactions to identify potential opportunities to increase scale and/or reduce operational risk

• Partner with management teams to prioritize and execute data strategy

• Implement process change

• Build and maintain constructive working relationships to inspire change

• Manage internal and external partners

• Conduct meetings to discuss performance metrics and drive performance improvement

• Participate in local, regional and global initiatives

• Support colleagues in a global team environment

• Review and documentation of the business process

Experience

• 12+ years working in buy-side investment operations with proficiency in trade confirmations and settlements

• Proven track record of leading and motivating teams

• Analytic problem solver comfortable working with large data sets

• Strong organization skills with the ability to multi-task and manage deadlines effectively

• Excellent communicator, able to simplify and convey complex themes to different audiences

• Capable with SQL, JIRA and Microsoft Office applications, especially PowerPoint and BI

For Wilmington, DE Only the salary range for this position is USD$173,500.00 - USD$225,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.