Client Reporting Analyst recruitment
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Business Unit Overview:
With global operations spanning a diverse range of investment products and services, the Business Operations group is responsible for ensuring scalable and efficient operational support across investment products, client channels, and regions. Within Business Operations, Client Operations – which includes Client Reporting - is responsible for service delivery to BlackRock clients.
The Client Reporting Analyst (CRA) is the provider of account and fund information to all clients, custodian banks, trustee banks, and consultants. Reporting information includes client holdings, transaction activity, unit values and settlement, fund fact sheets, performance and attribution data as well as various strategy/market commentaries for investment reviews. Report distribution is via blackrock.com, e-mail, FTP and other means. CR also responds to ad-hoc information/data requests and associated queries.
The CRA works with various internal stakeholders and groups to provide reporting solutions to meet the needs of our external clients. CRA’s provide front-line client service, focusing on accurate and timely reporting.
Key Responsibilities:
• The CRA works with various internal clients and groups to provide reporting solutions to meet the needs of our external clients.
• Responsible for fielding day-to-day client requests along with inquiries from internal BLK groups, problem solving or directing inquiries where appropriate, while providing high quality client service externally and internally.
• Daily accounting and cash reconciliation duties for pooled portfolios - providing fund manager support within a risk controlled environment.
• Support and complete various projects, including automation/standardization efforts, client research, and representing CR in firm-wide projects and client meetings.
• Constantly evaluate systems, processes and procedures for inefficiencies, and make recommendations for improvement.
• Understand flow of client and fund information and data between BLK and its vendors.
• Oversee the set-up and maintenance of reporting to clients, trustees, custodians, and record keepers.
• Set-up and maintain reporting for clients, trustees, custodians, and record keepers.
• Responsible for timely distribution of standard reports and accuracy of custom reports.
• Understand flow of client and fund information and data between BlackRock and its vendors.
• Facilitate report creation through analyzing and researching client and fund data and related information.
• Responsible for fielding day-to-day client requests along with inquiries from internal BlackRock groups, problem solving or directing inquiries where appropriate, while providing high quality client service externally and internally.
• Participate in cross training efforts on all CR functions.
• Support and complete various projects, including automation/standardization efforts, client research, and representing CR in firm-wide projects and client meetings.
• Constantly evaluate systems, processes and procedures for inefficiencies, and make recommendations for improvement.
Knowledge/Experience:
• Specific product knowledge and awareness of the complex structure of portfolios and meeting the demands of strategic clients.
• Intimate knowledge of the onboard/offboard process from client pitch to initial client set up and final disinvestment.
• Subject matter expert with regards to pricing and sources.
• Knowledge of CSA agreements and Collateral valuation .
• Able to meet deadlines, functioning effectively and prioritising multiple tasks simultaneously in a fast paced environment.
• An investment professional with a strong understanding of investment management and operations and your role within BlackRock's business.
• Some relevant experience with a respected financial institution
Skills/Qualifications:
? Highly proficient on industry standard software (e.g. Microsoft Office)
? BS/BA in business, finance, accounting, economics, or related field. MBA or CFA welcome.
Competencies:
? Excellent communication (verbal and written) and interpersonal skills. Proven client service skills/mindset.
? Able to work independently on assigned tasks and assume additional responsibilities with minimal guidance.
? Demonstrate excellent attention to detail, deliverables are accurate and competently prepared.
? Demonstrate a desire to develop skills, working with your team and manager to expand your expertise.
? Possess innovative problem solving capabilities, you are able to think and act quickly, seeking ways to offer process/ system improvements within the boundaries of your role.
? Possess a positive ‘get the job done’ attitude, displaying a flexible approach to an ever changing environment.
? Possess time management and prioritisation skills.
? Organized.
Application closing date is 25th November 2011.