Index Licensing Operations Associate

BlackRock • Princeton, NJ

1d • $95,000 - $127,500 • Hybrid

About The Position

About this role We are looking for an ambitious and motivated individual to be part of our Index Licensing Operations (ILO) team. This team member will be aligned to specific index vendors to develop a deep understanding of their specific reporting requirements and fee structures and will be the operational face to the vendor. They will assist with evolving ILO processes and tools that drive index usage reporting and invoicing each quarter. They will also help with key initiatives to drive technology, streamline processes, and enhance quality control measures. BlackRock’s purpose is to help more and more people experience financial well-being. As a global investment manager and a leading provider of financial technology, our clients—from grandparents, doctors, and teachers to large institutions—turn to us for the solutions they need when planning for their most important goals. People join our firm from around the world to gain real-world experience while making an impact. Discover how you can have a career at BlackRock that's exciting, rewarding and full of possibilities.

Requirements

• Bachelor’s or Master’s degree in business, math, or a related field
• 3+ years of related experience in the Financial Services industry, including an understanding of portfolio and index data analysis; knowledge of the passive investing business (including ETFs) preferred
• Advanced Excel knowledge is required
• Strong problem-solving and analytical skills are a must
• Excellent communication skills (oral and written), comfortable interacting with and influencing a broad range of audiences
• Proven ability to quickly learn proprietary systems (BlackRock’s own and third-party platforms); knowledge of the Aladdin platform and ability to source data efficiently is preferred
• Bold and proactive with a willingness to stretch outside comfort zone
• Self-starter, able to prioritize and deliver multiple assignments while maintaining high quality and consistent results
• Standout colleague who enjoys working on a collaborative, inclusive and diverse team that is passionate about delivering on performance objectives
• Proven record of alignment with BlackRock's principles

Responsibilities

• Partner with remote Index Licensing Operations production team to ensure timely and accurate delivery of quarterly reports and invoice payments, and act as point of escalation when needed
• Be a subject matter expert for assigned vendors and the point of contact for reporting sign-off, questions, and contract implementation
• Understand material changes to BlackRock’s vendor relationships and proactively update report and fee calculation processes accordingly
• Review new and existing index licensing contracts and understand fee structures and reporting requirements
• Support the technology platform initiatives by assisting with operational process optimization projects and quality control designs
• Develop a keen understanding of factors that impact index licensing and apply that knowledge to identify ways to enhance and streamline processes
• Expand and evolve reporting capabilities to achieve reporting due dates and changing requirements
• Build relationships with index providers and BlackRock teams globally to deepen external and internal partnerships
• Collaborate with and influence internal teams to complete strategic projects designed to improve the platform
• Research and resolve inquiries from internal partners and vendors and actively follow up to ensure timely resolution

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) so you can relax, recharge and be there for the people you care about

What This Job Offers

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