About this role
About BlackRock
Are you a highly motivated professional looking to elevate your career by joining the world’s largest asset manager? Would you thrive in an environment that fosters positive relationships and recognizes outstanding performance, working with both internal partners and clients? We know how important it is to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over $8 trillion of assets, we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, and improve their financial well-being.
In addition to helping our clients achieve a better financial outcome as an asset manager, BlackRock is an established FinTech with Aladdin® being used by some of the largest institutions and investors in the world. We provide comprehensive investment accounting software and services including financial and regulatory reporting. By deploying Aladdin®, accounting services are offered as a coordinated solution alongside Aladdin’s powerful capabilities to financial institutions globally. 2023 was a record year for Aladdin with over $1.4 billion in revenue, and we’re excited to offer this opportunity to join our growing business.
Job Purpose / Background
The Investment Accounting Group (IAG) provides accounting and regulatory data services to clients who have outsourced their accounting function to BlackRock. IAG is currently embarked on an exciting program of work to develop our accounting operating platform and to extend asset class coverage. As our business has expanded, we have a requirement for strong implementation skills and accounting knowledge to continue to extend our depth.
IAG is seeking an Associate to become part of a team that will embrace your skills, eagerness, and passion while giving you the freedom to grow professionally. The successful candidate will be responsible for overseeing key functions of our client support model to implement new business onto our accounting platform. The role will focus on developing investment process solutions for new and existing clients alike, and be responsible for bringing together the capabilities of other parts of the BlackRock organization as required.
Key Responsibilities
Develop a thorough knowledge of BlackRock’s capabilities, products and services for Investment Accounting clients
Assist the development of project plans for client implementations with measurable goals, driving consensus and communicating to partners and management throughout
Improve our ability to scale implementation efforts to ensure we can support multiple ongoing efforts concurrently, given our projected sales targets
Engage and maintain relationships with key partners across the firm to support business growth, implementation of new clients, and client retention
Represent IAG on cross-functional projects and working groups in support of delivering key business and client objectives
Ensure alignment of additional services with our Investment Accounting offering but supporting proper product integration in partnership with colleagues across the firm
About You
3-5 years of experience in financial services, familiarity with insurance clients a plus
Possess a working knowledge in US GAAP and/or Statutory accounting for investments, including securities, alternatives, mortgage loans, and derivatives
Proven ability to work on cross-functional, virtual teams to achieve business goals
A pro-active interest in keeping up to date with industry, accounting standards and client product changes
Adept at effective communication and forming strong relationships with clients and internal partners
Ability to multi-task and balance multiple requests without losing sight of overall business objectives and delivery requirements
Ability to leverage new technology to benefit partners
#EarlyCareersFor Seattle only the salary range for this position is $76,000 - $95,000.0. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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 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.
