ETF Operations, Associate / Boston, MA Or San Francisco, CA

BlackRock • Boston, MA

1d • $112,000 - $140,000 • Hybrid

About The Position

About this role BlackRock ETF Servicing Team – Associate, Boston or San Francisco About BlackRock Elevate your career by joining the world's largest asset manager! Would you thrive in an environment that fosters positive relationships and recognizes outstanding performance? We value and recognize your contributions daily. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. As a leading Asset Manager, we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. 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. Role Description and Responsibilities ETF Platform Innovation and Change (EPIC) is a team within BlackRock's Technology & Operations division. We develop strategy, execute initiatives, and have daily operational responsibilities that are central to firm-wide growth aspirations and priorities. Our team combines operations professionals with Mutual Fund/ETF backgrounds and change specialists to drive scale and innovation to support BlackRock’s ETFs globally. This role sits in our ETF Servicing Team which is responsible for working with our Portfolio Managers to shape, validate, and distribute our ETF baskets to the market and to support our Capital Markets and Trading colleagues to monitor and respond to the impact our data has across the primary and secondary market trading activities of our products. You will regularly work with stakeholders in Portfolio Management, Trading and Capital Markets, Technology, Risk, Fund Accounting, Custodians, and Authorized Participants. In this role, you will be primarily focused on our daily operational processes and will be responsible for executing core daily workflow oversight, data exception monitoring, inquiry management for specific ETF Servicing-owned tasks as part of the ETF order lifecycle, amongst other duties. Our key stakeholders and partners include Portfolio Management, Capital Markets, Product Engineering, Aladdin Engineering, Aladdin Product Management, and back-office service providers. There will also be opportunities to put your analytical abilities, problem solving skills and attention to detail to test during the project phases of the engagement. If you are the type of person who loves to be challenged and work outside your comfort-zone, then this unique opportunity may be for you.

Requirements

• 2+ years of industry experience with an ETF Asset Manager or at a Custody and Fund Accounting organization
• An understanding of ETFs and the broader market ecosystem in which they exist
• 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
• An 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.

Responsibilities

• Executing core daily workflow oversight
• Data exception monitoring
• Inquiry management for specific ETF Servicing-owned tasks as part of the ETF order lifecycle

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
• Education Level: No Education Listed