Associate, ETF Operations

BlackRock•Boston, MA

1d•$112,000 - $155,000•Hybrid

About The Position

Elevate your career by joining the world's largest asset manager! BlackRock is the #1 Exchange Traded Fund (ETF) provider globally. With more than two decades of ETF innovation and expertise behind us, we serve investors of all sorts, all around the world. We offer clients a comprehensive range of products that provide transparent and cost-efficient access to a full range of asset classes and global markets. The ETF Platform Innovation and Change (EPIC) team within BlackRock's Technology & Operations division develops strategy, executes initiatives, and has daily operational responsibilities central to firm-wide growth aspirations and priorities. This role sits in our ETF Servicing Team, responsible for working with Portfolio Managers to shape, validate, and distribute ETF baskets, and supporting Capital Markets and Trading colleagues to monitor and respond to data's impact on primary and secondary market trading activities. You will regularly work with stakeholders in Portfolio Management, Trading and Capital Markets, Technology, Risk, Fund Accounting, Custodians, and Authorized Participants. This role focuses on daily operational processes, executing core daily workflow oversight, data exception monitoring, and inquiry management for ETF Servicing-owned tasks within the ETF order lifecycle.

Requirements

2+ years of industry experience with an ETF Asset Manager or at a Custody and Fund Accounting organization
Solid understanding of ETFs and the broader market ecosystem
Strong knowledge of Fund Accounting principles and the calculation of daily Net Asset Values
A track record of identifying and delivering process improvement
A client service mentality and a history of successful relationship-building examples
Process-driven approach to problem solving and a high level of attention to detail
Ability to manage competing priorities and deadlines
Risk management mentality, able to identify downstream implications and proactively call out vulnerabilities
Strong oral and written communication skills—the ability to clearly and accurately communicate information to a wide group of internal and external stakeholders
FINRA Series 99 and SIE licenses are required for this role and must be obtained within 90 days of hire.

Nice To Haves

Experience working outside your comfort-zone
A love for being challenged

Responsibilities

Executing core daily workflow oversight
Data exception monitoring
Inquiry management for specific ETF Servicing-owned tasks as part of the ETF order lifecycle
Shaping, validating, and distributing ETF baskets to the market
Supporting Capital Markets and Trading colleagues to monitor and respond to the impact of data across primary and secondary market trading activities of our products
Working with stakeholders in Portfolio Management, Trading and Capital Markets, Technology, Risk, Fund Accounting, Custodians, and Authorized Participants
Utilizing analytical abilities, problem-solving skills, and attention to detail during project phases