Associate, Reconciliations / Investigations - Delaware

BlackRock • Wilmington, DE

1d • $85,000 - $117,500 • Hybrid

About The Position

About this role Introduction Want to elevate your career by being a part of the world's largest asset manager? Do you thrive in an environment that fosters positive relationships and recognizes stellar service? Are analyzing complex problems and identifying solutions your passion? Look no further. BlackRock is currently seeking a Cash Operations Associate to become part of our team. We recognize that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you the opportunity to grow professionally and as an individual. We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $8.7 trillion of assets we have an extraordinary 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. Come join our team and experience what it feels like to be part of an organization that makes a difference. Team Overview &Job Purpose: The GIO Cash & Asset Operations Team is a dedicated group of professionals who ensure that all BlackRock cash & position data are accurate for critical processes including investment management, analytics, compliance, and regulatory. 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.

Requirements

• 3-7 years of experience in financial services with strong knowledge of financial markets, ideally within investment management or global custody. Experience with income processing and cash & asset reconciliation preferred
• 3–5 years of people leadership experience, including coaching, performance management, and team development
• Strong analytical, problem‑solving, and decision‑making skills with high attention to detail
• Proficiency in Microsoft Office (advanced Excel); data analytics and coding skills (VBA, SQL, Python) preferred
• Demonstrated ability to drive strategic and tactical initiatives that enhance efficiency, risk management, and control oversight
• Highly organized, proactive, and able to manage multiple priorities while meeting deadlines
• Excellent communication skills with the ability to engage senior management and external partners
• Proven team player with the ability to build strong internal and external relationships and help define and execute a team vision

Responsibilities

• Review cash & asset position exceptions daily including researching differences and resolving them in an accurate and timely manner
• Work with internal/external partners to ensure issues are being appropriately reviewed and progressing to completion
• Working across APAC to assess the overall current state and potential for business model improvements
• Perform control and risk oversight for all functions performed within the team including; Ensure all accounts are reconciled and published by agreed deadlines daily
• Review cash, position and collateral exceptions daily to ensure the team is appropriately raising and resolving
• Identifying, leading and mitigating operational risks and raising risk and service issues on a timely basis
• Understanding and adherence to all regulatory requirements
• Lead and motivate team towards finding opportunities for process enhancements and other strategic operational enhancements that facilitates operational processes or mitigates operational risk
• Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency
• Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change
• Build and maintain strong interactions with key internal & external partners including; leading & coordinating problem resolution
• Maintain accurate and current desktop procedures
• Embracing the BlackRock Principles and role modeling these behaviors to other team members

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