Analyst – Derivatives Documentation

About this role

Are you searching for an exciting, challenging, multi-faceted opportunity with the world’s largest asset manager? Are you innovative, have strong attention to detail and enjoy collaboration? Do you have experience with managing contractual agreements or have a desire to learn? Look no further! BlackRock is pursuing an Analyst to become a part of our Trading Documentation Services team. We recognize that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you freedom to grow professionally and as an individual.

Trading Documentation Services

Within Global Investment Operations, the Trading Documentation Services team is responsible for managing the onboarding of BlackRock funds and separate client mandates to our master trading agreements with approved derivative trading counterparties, such as large investment banks, in order to enable trading and capture certain data points in various systems to support post-trade operations.

The group maintains key onboarding functions in the global operating model for all forms of derivatives, including bi-lateral and cleared over-the-counter (“OTC”), exchange traded futures and options, as well as other activities under master trading agreements. The team plays an integral role within the organization interacting with multiple internal partners, including portfolio managers and trading desks and also has extensive dealings with external parties, predominately their Legal, Credit and Onboarding teams.

In addition to the daily responsibilities, you will participate in firm-wide initiatives and projects, contribute to the department’s global operating model with constant and consistent focus on mitigating risks, provide strong oversight and control to our operational processes, while looking to make continuous improvements.

Our philosophy is under-pinned by BlackRock’s cornerstone principles: Innovation, Fiduciary focus, Passion for Performance, and the unified purpose of One BlackRock. Through these Principles, we strive to build value for our clients by understanding their needs, the markets, and using technology to build outstanding solutions.

Key Responsibilities:

• Build and maintain relationships and partnerships with BlackRock colleagues as well as with service providers, partners and counterparties

• Assist in the management of service provider relationships – ensure successful delivery of contracted services, proactively address and resolve issues

• Collaborate closely with external counterparties in order to set up, maintain or terminate trading relationships

• Learn and utilize third party platforms/technology to engage, communicate, and execute various stages of the onboarding lifecycle with our trading counterparties

• Updating legal agreements as part of the onboarding of new accounts to master agreements, such as clearing agreements, ISDAs, GMRAs, etc. Monitor and review various third party documentation platforms

• Accountable for inputting legal and derivative static data into various systems to support trading and collateral processes

• When required, be the representative for external parties including clients, auditors and consultants

• Learn to adhere to stringent operational risk management targets (Key Risk Indicators / Key Process Indicators)

Who We Are Looking For:

• A self-starter who enjoys operating in a fast-paced, high-intensity environment, who is capable of working as part of a distributed team

• An excellent verbal and written communicator, capable of articulating complex problems in a simplistic manner. Must be fluent in English

• Someone with a high level of attention to detail with an ability to project-manage and multitask

• A technologically-minded individual who is capable of learning various systems/platforms to perform the role, as well as the ability to provide feedback and drive technological enhancements

• A candidate who has the desire to offer a high level of customer satisfaction.

• Someone who possesses an entrepreneurial drive and technical insight to identify control gaps and drive operational improvement initiatives

• An individual who is highly organized, focused with skills in operating effectively to tight deadlines within a high risk and high volume environment

• Background in finance and/or contract management is desired but not crucial

• Up to 3 years of relevant experience

#EarlyCareers

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 and Affirmative Action Employer.  We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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.