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BlackRock

Runs investment funds and sells risk software

Associate, Capital Market Data Services

Data ManagementPosted on Nov 13
Full-timeWilmington, DE, USA

About the Job

Requirements

  • A bachelor's degree in Engineering, Technology, Computer Science, Finance, or a related field, and 36 months of experience in the job offered or as an Associate, Analyst, or a related role.
  • At least three years of experience using SQL and Python for automation and process enhancement.
  • At least three years of experience with workflow automation, including end-to-end automation, creating tools to enhance processes, and unit-testing analysis.
  • At least two years of experience with Bloomberg terminal functions, including data validation, intra-bank communication, and primary-market interactions.
  • At least two years of experience in fixed-income data modeling, including modeling corporate, government, and municipal bonds, producing analytics, and troubleshooting data errors.
  • At least two years of experience with financial payments, including cash reconciliation between the firm and counterparties, payment validation, and escalation protocols for high-value breaks.
  • At least two years of experience in financial legal document analysis, including reviewing and extracting information from prospectuses, offering memorandums, term sheets, and credit agreements.
  • Familiarity with financial documents and prospectuses, including proper handling of sensitive information.

Responsibilities

  • Model new holdings for terms and conditions as well as time-series data in the Aladdin Investment System for BlackRock and BRS clients.
  • Partner with business analysts, developers, and technology teams on initiatives, including testing and validating AI agents, to strengthen automation, improve data-quality controls, and reduce operating risk.
  • Partner with business analysts and developers on innovation to improve the Aladdin product, build process efficiency and scale, improve data quality, reduce operating risk, and address changing market needs.
  • Perform ad hoc data analysis for key projects, sales opportunities, and new client implementations.
  • Resolve security and issuer modeling issues for partner groups involved in investment decisions, including trade confirmation, projected versus realized cash flows, risk analytics, compliance and regulatory adherence, collateral management, and credit exposures.
  • Support the broader mandate to enhance efficiency, improve data quality, and adapt to evolving market and product needs.
  • Support the integrity, accuracy, and scalability of security, issuer, and credit reference data within the Aladdin Investment System.
  • Use Bloomberg terminals and interact with banks and external counterparties to validate issuance details, market data, and ratings information for accurate and timely data onboarding for BlackRock and BRS clients.
  • Execute end-to-end allocation and trade booking for primary-market deals, including order allocation across portfolios, trade execution in Aladdin, and post-booking validation.
  • Use Docuflow, an AI document-scrubbing tool, to create new-issued security setups by extracting and structuring data from deal documents and prospectuses for asset creation and quality checks.

About the Company

BlackRock

Runs investment funds and sells risk software

BlackRock manages money for pension funds, governments, insurers, and everyday savers, and sells the software it uses to run those investments to other firms. In 2009, its purchase of Barclays Global Investors brought in the iShares fund family and made BlackRock the world's largest asset manager. Its iShares exchange-traded funds trade like stocks and mostly track market indexes, while its private funds lend to companies and invest in infrastructure and real estate. BlackRock charges a yearly fee on the money it manages, and banks, insurers, and other investors pay to use Aladdin, its system for measuring risk and running portfolios. Larry Fink and seven partners founded BlackRock in 1988, and it is based in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1988

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