BlackRock is seeking an Operations Analyst to join their Technology & Operations team to resolve trade exceptions and ensure timely settlement of transactions, thereby improving operational efficiency and client service.
Requirements
- Understanding of financial markets and related instruments - (Equities, Fixed Income, FX Derivatives, Exchange Traded Futures, SWAPS, Collaterals)
- Proficiency in Microsoft Office and an interest in learning new applications
- Ability to perform effectively in an environment of rapid and continual change
- Problem solving abilities, and analytical skills
Responsibilities
- Work with Counter-parties and Custodians to try to resolve Exceptions related to Matching & Settlement of trades in Markets in time
- Work with Custodians to identify all failed trades and the cause of trade failure and work towards resolution of such Fails with Counter-parties, Securities Lending teams and Corporate Actions teams.
- Work with Custodians to make sure trades can get settled fully or partially based on the safekeeping positions available with Custodian Accounts
- Data analysis enhancing transparency, decision drivers and efficiency
- Ability to evaluate systems, procedures and make recommendations for improvement
- Participate in various efficiency and capacity-building initiatives, including automation/ standardization efforts
- Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change
Other
- Ability to multi task and be flexible in terms of working in shifts
- A strong emphasis on time management in addition to being well organized and detail –oriented
- Great teammate with attention to details
- Excellent communication skills to effectively articulate solutions with partners
- 1 to 2 years experience preferably in global Investment Management and Investment Banking firms
