Corporate Actions Analyst - Delaware

BlackRock • Wilmington, DE

109d • $66,500 - $85,000 • Hybrid

About The Position

BlackRock's business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clients—period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. That's why investors of all kinds have made us the world's largest asset manager, entrusting us with trillions of dollars, and it's why companies, institutions and global governments come to us for help meeting their biggest financial challenges. Are you an investment operations professional searching for a rewarding opportunity to join a world-class asset manager? If you pride yourself on building positive relationships and being part of a hardworking team with elevated performance, look no further! BlackRock is pursuing an Analyst within Corporate Actions to join our high-performing team. You will benefit from our team who recognizes that strength comes from diversity, and will embrace your skills, enthusiasm, and passion! Our Global Corporate Actions team has primary operating centers in Edinburgh, Delaware, Gurgaon and Singapore. Our objective is to lead and provide a world-class Corporate Action service through the application of governance and controls crafted to mitigate risk to the Firm and our Clients. We operate as a single, global entity designed around a robust “pass-the-book” philosophy. This allows the effective and controlled transition of workload across our primary locations and enables us to have a good night's rest! As an Analyst, you will provide a quality Corporate Action service in accordance with our standard operating procedures to reduce risk to our clients and the firm. This is a multi-functional role where the team will manage end to end Corporate actions event through the entire event lifecycle. You will serve as a liaison with BlackRock's Global Custodian network and work on BlackRock's proprietary operating platform, Aladdin, where there are multiple applications including the Corporate Actions Manager (CAM).

Requirements

• Masters degree in related field (Masters in Finance)
• Minimum of 3 years' experience in a Corporate Actions or an Investment Operations / Global Custody role
• Strong analytical and problem-solving skills.
• Strong risk mitigation attitude: ability to apply judgement as to when to raise issues.
• Excellent communication skills (written and verbal) to work directly with clients and across all levels of staff and management.
• Ability to work effectively in a dynamic environment.
• Focus on continuous improvement and process innovation.

Nice To Haves

• Data Analytics skills preferred; coding knowledge (VBA, SQL, PYTHON, RPA) will be a plus.

Responsibilities

• Ensure that mandatory corporate action and dividend events across markets and asset types (equities, fixed income and derivatives) are captured, validated and updated in Aladdin.
• Ensure that corporate action entitlements are processing accurately via quality control and market valuation impact check.
• Perform corporate actions entitlement reconciliation and resolve stock and cash exceptions.
• Adhere to procedures and daily controls and work together as a team to complete daily deliverables.
• Support the global 'Pass The Book' strategy and partner with global colleagues to identify best practice in BlackRock's processes and drive consistency.
• Manage queries received from both internal and external stakeholders.
• Escalate all material risk items and service issues to the senior management on a timely basis.
• Work closely with business partners including other Investment Operations teams to ensure an efficient and effective workflow and adopt a ‘One BlackRock' approach to problem solving.
• Be a Student of the Market by maintaining awareness of industry developments and how they impact BlackRock.
• Participate in local, regional, and global projects/testing.

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: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Master's degree