Analyst, Corporate Actions - Delaware

BlackRock • Wilmington, NC

80d • $66,500 - $85,000 • Hybrid

About The Position

BlackRock is currently seeking an Associate to become part of our Global Corporate Actions team. This role is based in Wilmington, DE, and involves managing corporate action events, ensuring they are captured, validated, and processed correctly. The team operates globally, with primary centers in Edinburgh, Wilmington, Gurgaon, and Singapore, and is responsible for providing high-quality Corporate Action services while mitigating risks. The role requires interaction with various internal and external parties, including custodians and counterparties, to ensure smooth operations throughout the corporate action lifecycle.

Requirements

• Minimum of 3 years of experience in a Corporate Action operations role.
• Strong understanding of investment or brokerage operations.
• Demonstrated participation in change management through project work or driving other process efficiencies.
• Good understanding of stock lending and settlement impacts on corporate action elections and allocations.
• Advanced understanding of all corporate action procedures, events, and market practices.

Nice To Haves

• Strong analytical skills with an ability to identify problems and develop solutions.
• Acute attention to detail and understanding of the impacts to downstream processes.
• Good discipline around risk mitigation and escalation.

Responsibilities

• Ensure all corporate action events are captured and validated through the creation of a gold copy announcement.
• Interact with Portfolio Management to ensure all necessary elections are received and processed.
• Ensure corporate action instructions are issued to and acknowledged by custodians and counterparties.
• Daily ensure that all global COAC events are correctly processed in BlackRock's Aladdin system and reconciled with our custodian records.
• Investigate reconciliation discrepancies daily, ensuring all issues are promptly resolved and cleared.
• Ensure the appropriate restriction status of entitlements is maintained in BlackRock applications throughout the entire COAC lifecycle.
• Manage any queries received from various internal and external parties.
• Interact with other BlackRock teams and the third parties/custodians to resolve issues.
• Escalate all risk items and service issues to your lead or manager on a timely basis.
• Participate in local, regional, and global initiatives to drive industry-leading technology changes to the BlackRock Aladdin platform.

Benefits

• Strong retirement plan.
• Tuition reimbursement.
• Comprehensive healthcare.
• Support for working parents.
• Flexible Time Off (FTO).
• Annual discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: Bachelor's degree