BlackRock Active Investment Stewardship Operations - Associate
About The Position
BlackRock Active Investment Stewardship (BAIS) is a specialist team within the active investment business and manages BlackRock’s (BLK) stewardship engagement and voting on behalf of clients invested in active strategies globally. The team sits within BLK’s Portfolio Management Group (PMG). BAIS activities are informed by our Global Engagement and Voting Guidelines and insights from active investment analysts and portfolio managers, excluding index equity, with whom we work closely in engaging companies. The BAIS Operations Associate will be responsible for promoting sound corporate governance as an informed, engaged shareholder on behalf of clients invested in active strategies. They will be responsible for supporting the BAIS proxy voting platform by onboarding new accounts for voting, implementing control processes, and generating reports. As part of a new team at BlackRock, the role will have opportunities to develop and contribute toward strategic projects aimed at enhancing BAIS operational processes and procedures to ensure BAIS delivers best-in-class stewardship for BLK clients. The BAIS Operations Associate will report to the Head of BAIS Operations.
Requirements
- An undergraduate degree in finance, economics, accounting, or other relevant field.
- A minimum two to four years of experience, preferably in an operational role.
- A keen interest in corporate governance and proxy voting.
- Collaborative with strong interpersonal skills to build and maintain relationships internally and with external parties.
- Strong verbal and written communication skills.
- Strong work ethic with the ability to prioritize, analyze, and resolve complex issues independently while paying consistent attention to detail.
- Demonstrated problem-solving and project management skills.
- Strong proficiency in Microsoft Office, including Word, Excel, and PowerPoint
Nice To Haves
- Experience working with corporate governance data is a plus.
- Experience with SQL or Python is a plus.
Responsibilities
- Support the implementation of operational processes and procedures of the BAIS proxy voting platform.
- Develop expertise of the proxy voting infrastructure and troubleshoot where necessary with third-party vendors, custodians, and/or other stakeholders.
- Develop expertise in the interaction of the third-party proxy voting platform and BlackRock internal systems.
- Partner with BAIS voting analysts, portfolio managers, and other internal stakeholders across the active platform and across the shared platform such as Securities Lending and Client Reporting to support the BAIS proxy voting platform.
- Partner with portfolio onboarding to ensure proper set-up of new portfolios for proxy voting.
- Support and enhance client reporting of BAIS proxy voting activity.
- Maintain and enhance the BAIS operational environment to ensure regulatory and client obligations are met.
- Implement standardized control and reconciliation processes.
- Support ad hoc requests within the scope of BAIS operations as needed for clients or other internal stakeholders.
Benefits
- employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
- strong retirement plan
- tuition reimbursement
- comprehensive healthcare
- support for working parents
- Flexible Time Off (FTO)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
