Associate

BlackRock • Philadelphia, PA

3h • Hybrid

About The Position

Responsible for providing direct support to CMG's Global Head of Product and Platform. Work across the global Cash business on projects and initiatives that are specific to BlackRock's money market complex and platform, as well as keeping current on regulatory and market changes that require a change in product structure, systems, reporting and client communication. Help to handle the risk platform within the Cash Management business. Work with members of Portfolio Management and Sales, Legal, Compliance, Aladdin Product Group and others across BlackRock to improve existing procedures, develop new processes and products and to think critically and creatively about driving the Cash business. Coordinate and lead key technology, operational and critical initiatives across the global business. Ensure compliance with all industry and regulatory requirements related to, for example, SEC Rule 2a-7 and UCITS regulations. Work on strategic projects in partnership with Cash Leadership and business partners such as Technology, Portfolio Management, Legal & Compliance and Operation. Work on improvements to trading processes and portfolio management systems. Support and execute operational improvement initiatives across Global Cash to improve controls, mitigate risks, manage costs and increase efficiencies. Partner with Relationship Managers, Portfolio Managers and Product Strategists regarding fund and customized opportunities to determine appropriate solutions. Provide support in the development, communication and execution of long-term strategic vision and growth targets.

Requirements

• Bachelor's Degree or foreign equivalent in Finance, Business, Computer Science, or a related field and 36 months in job offered, or closely related role.
• Must have three years of experience in the following: Financial Markets experience with focus on technology; Programming in SQL, R, and Python; Unix and Perl for checking logics and updating any configurations needed for any process; Tableau for creating customized financial data; Data analytics including SQL, and Snowflake; and Bloomberg.

Responsibilities

• Providing direct support to CMG's Global Head of Product and Platform.
• Working across the global Cash business on projects and initiatives specific to BlackRock's money market complex and platform.
• Keeping current on regulatory and market changes that require a change in product structure, systems, reporting and client communication.
• Helping to handle the risk platform within the Cash Management business.
• Working with members of Portfolio Management and Sales, Legal, Compliance, Aladdin Product Group and others across BlackRock to improve existing procedures, develop new processes and products and to think critically and creatively about driving the Cash business.
• Coordinating and leading key technology, operational and critical initiatives across the global business.
• Ensuring compliance with all industry and regulatory requirements related to, for example, SEC Rule 2a-7 and UCITS regulations.
• Working on strategic projects in partnership with Cash Leadership and business partners such as Technology, Portfolio Management, Legal & Compliance and Operation.
• Working on improvements to trading processes and portfolio management systems.
• Supporting and executing operational improvement initiatives across Global Cash to improve controls, mitigate risks, manage costs and increase efficiencies.
• Partnering with Relationship Managers, Portfolio Managers and Product Strategists regarding fund and customized opportunities to determine appropriate solutions.
• Providing support in the development, communication and execution of long-term strategic vision and growth targets.

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)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level