About This Role
About BlackRock
Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! 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 effectively engage your involvement in our success. With over USD $11 trillion of assets 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.
Team Overview
The Global Accounting and Product Services (GAAPS) division is responsible for providing operational support to BlackRock’s portfolio management teams and clients. GAAPS is central to business operations in providing subject matter expertise, monitoring fund administrator service delivery in relation fund accounting and financial reporting, supervising operational capacity for new products, supporting projects in relation to product launches and collaborating closely with fund administrators, auditors, fund directors and portfolio managers.
The Valuation Governance Team is responsible for the collection and validation of market prices for all assets and liabilities held in managed portfolios, as well as for the distribution of those prices to accounting agents and custodians, where appropriate. Responsibilities also include oversight of third-party accounting agents and custodian security pricing methodologies for proprietary commingled products.
Responsibilities
- Daily Valuation Control – Respond to issues arising from the daily quality control process that require expert assistance.
- Valuation Committee and Board Reporting – Assist with the preparation of materials for the firm's various regional and global valuation committee. Present proposals for the pricing of securities with unreliable or unavailable prices. Assist with the preparation of quarterly reports for various fund boards.
- Vendor and Fund Administrator Management – Partner with asset pricing vendors to build and maintain a high quality, end-to-end asset pricing supply chain. Assist in ensuring accuracy of fund administrators pricing, which includes communicating fair values and pricing instructions, answering critical issues in accordance with the firm’s valuation policies, and reviewing reports.
- Ad hoc Requests – assist team with data requests, trainings and demos, business continuity efforts, client questions, valuation Committee minutes, and other activities that ensure smooth running of the Global Valuation Governance team.
Key Qualifications
- 3-5 years proven experience in financial services, particularly with direct knowledge of mutual fund administration and/or fund accounting, is preferred.
- Fluency in investment instruments, especially fixed income investments.
- Strong financial and quantitative abilities. Advanced skills in Excel, proficiency in SQL, and Python are a plus. Knowledge of working with Aladdin or Bloomberg is also a plus.
- A bachelor’s degree or equivalent experience in finance, accounting, economics, or a related field is preferred.
- Strong organizational, planning, and time management skills, including the ability to function effectively within a fast-paced environment and under tight deadlines and constraints.
- Excellent communication and interpersonal skills, and be able to deliver presentations and work closely with global teams across functions.
- Sound judgment, professionalism, and discretion.
For Seattle, WA Only the salary range for this position is USD$95,000.00 - USD$127,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
Our Benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
