Analyst, IBM Planning Analytics (TM1) Developer

About this role

Team Overview

The mission of the Finance Platform Strategies (FPS) team is to ensure optimized operating models within Finance, consistent across our global functional teams as appropriate. To promote this objective, we connect key Finance resources with relevant functional specialists from across BlackRock, identify and document business requirements and manage the implementation and subsequent maintenance of platforms and processes designed to address those requirements.  FPS team members serve as internal change management consultants who apply knowledge of BlackRock’s resources - people, processes, and technology - to ensure concepts become reality in support of both new business initiatives and ongoing business process enhancement. 

 

The FPS team has a global footprint. Team members are responsible for managing projects that drive Finance objectives forward through initiatives that can have either regional or global focus. Responsibilities include coordinating project team activity, supporting effective and timely communication among project team members and subject matter experts from across the firm, drafting clear and comprehensive business requirements and project management documentation, designing sound processes and workflow models, partnering with internal or third party resources to drive design specification sign-off, oversee technical development progress and coordinate quality unit testing, providing ongoing project updates to all relevant stakeholders, facilitating user training services and, ensuring timely delivery of effective, well designed solutions.  

  
In addition to project oversight, the team works to manage, on an ongoing basis, the platforms supporting Finance’s day-to-day operating model to ensure our technologies remain optimized and our operational processes are sustainable, efficient and support a robust control environment. The team provides level one support for Finance operational platforms and as required, will assess/trouble-shoot and identify actionable opportunities to address complex issues related to the suite of technology solutions Finance employs including Oracle Cloud SaaS platform, Financial Consolidations and Close (FCCS), IBM Cognos Planning Analytics (TM1), IBM Cognos Analytics (BI) and our proprietary BlackRock Aladdin platform.  

Role Responsibility: 

• Development and Maintenance: Develop and maintain TM1 models and applications, including budgeting, forecasting, and actual reports. Provide ongoing maintenance and enhancements to existing models

• Data Processing: Manage daily, weekly, monthly, and quarterly data processing to support actuals and forecast/budget close processes for the TM1 platform

• Requirements Gathering: Lead the development and enhancement work for various TM1 models throughout all phases, from requirements gathering to build, user testing, go-live, and support

• Cloud Migration: Play an active role in cloud migration and model transformation initiatives

• Report Conversion: Lead report conversion from TM1 perspectives to Planning Analytics for Excel (PAFE) and Planning Analytics Workspace (PAW)

• User Support: Provide day-to-day user support for the TM1 application, ensuring the accuracy and integrity of data and reports

• Documentation: Create and maintain process documentation to ensure it stays current as the process evolves

• Stakeholder Collaboration: Collaborate with internal and external stakeholders to understand business 

Experience: 

• 4-6 years of relevant experience working as IBM Planning Analytics (TM1) developer

• Proficiency in TM1 Rules, Feeders, Turbo Integrator processes, and system configuration

• Experience with Oracle EPM / Essbase or Anaplan will be a plus

• Experience with SQL queries and stored procedures

• Bachelor's degree in finance, IT, or similar fields are preferred. Knowledge of financial instruments and markets is beneficial

• Good understanding of Finance / Asset Management industry 

• Strong written and verbal communication skills are crucial for this role

• Natural curiosity and interest in finance data and technologies to optimize finance processes from end to end

• Master's Degree in Finance or IT 

Personal Qualities: 

• Strong work ethic and accountability owner 

• Self-starter able to drive positive progress proactively with limited manager direction

• Solutions and service oriented 

• Focused attention to detail; high standards for quality and accuracy in work product 

• Professional, positive, collegial demeanor; collaborative relationship builder 

• Comfortable interacting with all levels of management and able to thrive in a fast paced, innovative environment

For NY7 - 50 Hudson Yards, New York Only the salary range for this position is USD$80,750.00 - USD$100,000.00 . 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 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 [email protected]. 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.