About this role
Would you like to use your know-how to make a difference day in and day out at the world's largest asset manager? Look no further BlackRock is an equal chance employer who value diversity in our company. We are pursuing a Vice President in Cash Operations. Come join our team and experience what it feels like to be part of an organization that makes a difference
Team Overview & Job Purpose:
Cash Operations is a group of dedicated professionals who are essential to the investment process by ensuring that all BlackRock cash data is accurate for processes including investment management, analytics, compliance, and regulatory. Cash types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral. Our team provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses. The roles and responsibilities will include actively managing risk and exposure for BlackRock by ensuring the investment book of record reconciled with external prime record holders daily.
The role requires an understanding of the mechanics of the reconciliation process, exception management, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes.
Key responsibilities:
Ensure reconciliations are successfully completed and troubleshoot any discrepancies
Review cash & asset position exceptions daily including researching differences and resolving them in an accurate and timely manner
Ensure accuracy of published cash figures
Data analysis enhancing transparency, decision drivers and efficiency
Work with internal/external stakeholders to ensure issues are being appropriately reviewed and progressing to completion
Develop expertise around team control mechanisms and reporting
Identify and coordinate handling of pr