Vice President, Asset Operations - Delaware

About this role

Team Overview & Job Purpose:

Key Responsibilities:

• All aspects of people management will be performed. This includes coaching and developing staff, leading and motivating them, and conducting goal-setting, 1-1s, mid-year, and year-end reviews.

• Contribute to the Global Asset Reconciliation and wider Business Operations planning

• Key contributor to the management team ensuring appropriate staffing model, depth charts and succession plans are assessed across the location

• Review of location initiatives and working with other members of the leadership team to define the criticality and priority

• Review position exceptions daily to ensure the team is appropriately raising and resolving. A solid understanding of Corporate Actions and Cash Reconciliation preferred.

• 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.

Experience:

• Candidate should have at least 7 years of financial services experience. They should understand Financial Markets well, preferably in Investment Management, Fund Accounting, or Global Custody. Experience in custody reconciliation is preferred.

• Minimum of 5 years of supervisory experience; in leading teams of professionals, staff development, coaching and performance assessments

• Proficiency in Microsoft Office products (with an emphasis on Excel) or other programming languages and an interest in learning new applications

• Strong, effective analytical and problem-solving skills

• Data Analytics abilities preferred inclusive of coding (VBA, SQL, PYTHON) and/or understanding of data science methods & implementation

• Organized approach with diligent follow-up on open issues and identify appropriate action to be take

• 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 optimally with senior management

• Collaborate and build strong relationships with colleagues and external contacts.

• 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 and take action and see through to resolution

For Wilmington, DE Only the salary range for this position is USD$117,500.00 - USD$173,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.