Full-Time

Associate – Reconciliations/Investigations

Posted on 1/27/2025

BlackRock

BlackRock

Compensation Overview

$85k - $117.5kAnnually

+ Annual Discretionary Bonus

Mid, Senior

Company Historically Provides H1B Sponsorship

Wilmington, DE, USA

Employees are required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week.

Category
Asset Management
Finance & Banking
Required Skills
Risk Management
Excel/Numbers/Sheets
Requirements
  • Minimum of 3-5 years of financial services experience
  • Good understanding of Financial Markets, preferably within the Investment Management, Fund Accounting or Global Custody environment
  • Proficiency in Microsoft office products (with an emphasis on Excel) or other programming languages
  • Strong, effective analytical and problem-solving skills
  • Excellent communication skills to efficiently articulate solutions to internal and external partners
  • Ability to multi-task and balance requests without losing sight of overall objectives and timescales
  • Demonstration of strategic & tactical delivery in previous role(s) which enhanced the efficiency, risk management and control oversight of team
  • Exceptional decision-making skills and ability to communicate effectively with senior management
  • Ability to work in a fast paced, rapid changing, deadline driven environment
  • Strong initiative to follow up on outstanding issues – identify what needs to be done, take action and see through to resolution
Responsibilities
  • Review of location initiatives and working with other members of the leadership team to define the criticality and priority
  • Review cash exceptions daily to ensure the team is appropriately raising and resolving
  • Identifying, leading and mitigating operational risks and raising risk and service issues on a timely basis
  • Understanding and adherence to all regulatory requirements
  • Lead and empower team towards finding opportunities for process enhancements and other strategic operational enhancements that facilitates operational processes or mitigates operational risk
  • Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency
  • Embrace change and participating/ leading efficiency and capacity-building initiatives, including automation/ standardization efforts, cost/benefit analysis and computing the resulting project value
  • Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change
  • Build and maintain strong interactions with key internal & external partners including; leading & coordinating problem resolution
  • Embracing the BlackRock Principles and role modeling these behaviors to other team members

Company Size

N/A

Company Stage

IPO

Headquarters

New York City, New York

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for ESG products boosts BlackRock's existing and future offerings.
  • Thematic ETFs growth offers BlackRock opportunities to expand its product line.
  • Digital transformation trends enhance BlackRock's operational efficiency and client offerings.

What critics are saying

  • Geopolitical tensions may arise from BlackRock's Panama Canal ports acquisition.
  • Environmental backlash could occur over the management of newly acquired Panama ports.
  • Market volatility and economic concerns could impact BlackRock's investment performance.

What makes BlackRock unique

  • BlackRock is the world's largest asset manager with $11.5 trillion in assets.
  • The firm is expanding its global infrastructure with a $23B Panama Canal ports deal.
  • BlackRock is a leader in ESG-focused investment products, capitalizing on sustainable investing trends.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Company News

MarketBeat
Mar 9th, 2025
AMG National Trust Bank Makes New $662,000 Investment in BlackRock, Inc. (NYSE:BLK)

AMG National Trust Bank makes new $662,000 investment in BlackRock, Inc. (NYSE:BLK).

Yahoo Finance
Mar 8th, 2025
The 'Clouds' Weighing Down The Market Aren'T Going Anywhere: Chart Of The Week

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The stock market swings are intensifying. In the past week, the SP 500 (^GSPC) either increased or fell by 1% every day — generally the latter — as uncertainties around the path of economic growth, particularly President Trump's proposed tariffs, have weighed on investors. The SP 500 and Nasdaq Composite (^IXIC) just had their worst weeks in six months. The SP 500 is now 6% off its most recent all-time high, while the Nasdaq Composite is now in a correction, off more than 10% from its most recent high. As our chart of the week shows, the path lower has come with some aggressive bounces, usually prompted by Trump either threatening tariffs — or de-escalating those threats. In this pressurized environment, even something like a relatively solid February jobs report did little to cool investor nerves on Friday

WNIN
Mar 7th, 2025
Hong Kong company sells its ports in Panama, says it's business, not politics

But this week, the company announced that it's selling the bulk of its ports business to a group of buyers led by BlackRock.

Spot Ship
Mar 5th, 2025
The Panamax Post Wednesday, 5th March

China's CK Hutchison Holdings Ltd announced that it has an agreement in principle to sell its international ports portfolio including the controversial terminals in Panama to BlackRock in partnership with Terminal Investment Limited.

The Crypto Basic
Mar 5th, 2025
Shiba Inu ETF: Here Are 10 Reasons BlackRock and Grayscale Should Consider Launching SHIB ETF

10 reasons why BlackRock and Grayscale should launch SHIB ETF.

INACTIVE