Derivative Operations, Analyst

About this role

Transactional Management

About this Role
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 know how meaningful it is 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 $10 trillion of assets, we have a significant 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 recruiting for an analyst in our Singapore office in the Transactional Management team. Our Global Transaction Management team has primary operating centers in Edinburgh (UK), Delaware (US), Gurgaon (India) and Singapore. The team is responsible for the post execution process across products including Equities, Fixed Income, FX, Derivatives and Money Markets. As an integral part of the broader Global Investment Operations group, Transaction Management works closely with partners in Securities Lending, Corporate Actions and Cash & Asset Reconciliations. Our vision is to become a data driven, volume agnostic, commercially agile middle office platform.

The Transactional Management role involves working closely with a cross section of internal partners including, Trading Desk, Portfolio Managers and other key partners to accurately and effectively manage transactions. You will be act as a liaison with BlackRock’s Global Custodian and Broker network with the target of seamless trade settlement.

Objectives:

• Confirmation and affirmation of Derivatives, Securities, Money Market and FX Trades (using Swift, Third-party platforms, FIX etc)

• Daily collaboration with external brokers and custodians to resolve transactional disputes and settlement related issues.

• Work in partnership with various Global internal stakeholders, including Operations, Portfolio Managers and Traders in relation to transactions or process flows.  

• Participate and support discretionary and non-discretionary projects to enhance efficiency and to keep up with market changes.

• Review and maintain accurate and up-to-date procedures for the team.

• Follow established procedures and perform appropriate controls while exercising good judgement in managing risk and following escalation procedure.

• External provider management includes liaising with Brokers, Custodians and Vendors.
   

Skills and Preferred Qualifications:

• Bachelor’s degree in related field (preferred but not required).

• Minimum of 3 years’ experience in a Trade Operations or an Investment Operations / Global Custody role.

• Understanding of financial markets and related instruments such as Equities, Fixed Income, FX Derivatives, Exchange Traded Futures, Swaps and Collateral.

• Strong analytical and problem-solving skills.

• Strong client and partner service orientation.

• Strong control / risk mitigation attitude; ability to apply judgement as to when to raise issues.

• Excellent communication skills (written and verbal) to work directly with clients and across all levels of staff and management.

• Ability to work effectively in a dynamic environment.

• Focus on continuous improvement and process innovation.

• Data Analytics skillsets preferred; coding knowledge (VBA,SQL, PYTHON, RPA) will be a plus.

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 Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.