Associate, Reconciliations / Investigations - Delaware

BlackRock•Wilmington, DE

4d•$85,000 - $117,500•Hybrid

About The Position

BlackRock’s Outsourced Platform Services (OPS) provides investment accounting and middle-office services. The OPS Cash Operations team, within Technology & Operations, supports the accuracy and reliability of clients’ cash and position data across asset classes and transaction types, including equities, fixed income, over-the-counter derivatives, foreign exchange, synthetic positions, and collateral. As a Cash Operations Associate, you will help manage operational risk and exposure by ensuring the investment book of record is accurately reconciled against external record holders. You will develop expertise in reconciliations, investigate and resolve exceptions, analyze operational data, and work with internal and external stakeholders. You will also identify opportunities to strengthen controls, improve processes, increase transparency, and enhance efficiency through automation and standardization. The role provides exposure to investment operations, financial instruments, data analysis, risk management, and cross-functional client service.

Requirements

Bachelor’s degree, preferably in Accounting, Finance, Business, or Economics.
Strong analytical and problem-solving skills.
Highly organized and detail-oriented, with the ability to manage competing priorities, maintain accuracy, and meet deadlines.
Strong communication and relationship-building skills, including the ability to articulate solutions to clients, internal partners, and senior stakeholders.
Curious and adaptable, with the ability to connect information across processes, learn quickly, and develop practical solutions in a dynamic environment.

Nice To Haves

Knowledge of financial instruments and derivative products.
Data analytics capabilities and familiarity with tools such as VBA, SQL, or Python.

Responsibilities

Complete daily cash reconciliations, research and resolve exceptions, and ensure timely and accurate publication of cash figures.
Analyze operational data and processes to identify trends, improve transparency and efficiency, and drive automation, standardization, and process enhancement opportunities.
Partner with internal and external stakeholders to resolve issues, escalate priority matters, and review key risk and process indicators through completion.
Develop and oversee key controls and reporting to support risk management, regulatory requirements, and adherence to client service-level agreements.
Develop an end-to-end understanding of upstream dependencies and collaborate cross-functionally, including with Accounting, to maintain alignment between investment and accounting books of record.
Maintain accurate process documentation and share knowledge across the team to support consistent execution and understanding of key processes.
Apply sound judgment and critical thinking to solve complex problems, adapt as the business evolves, and explore new approaches and technologies while rigorously challenging results.