Description
Would you like to use your know-how to make a difference day in and day out at the world's largest asset manager? BlackRock is an equal opportunity employer who value diversity in our company. We are pursuing a Director in Cash Operations. Come join our team and experience what it feels like to be part of an organization that makes a difference! ### Team Overview & Job Purpose: Our Cash Operations team is a group of dedicated professionals who are essential to the investment process by ensuring that all BlackRock cash & position data are accurate for processes including investment management, analytics, compliance, and regulatory. We provide information services and solutions in support of all BlackRock and BlackRock Solutions businesses. ### Key Responsibilities: As a Director, you will lead the regional team, understand the process of all reconciliation processes, ensure differences are raised and resolved timely, troubleshoot and identify root causes of issues. You will collaborate with colleagues in the US & APAC regions and work with technology support to incorporate enhancements and recommend / drive operational change and improvements. - All facets of people management to be performed including: coaching and development of staff, leading and motivating as well as performing goal-setting, 1-1s, mid-year and year-end staff review - Contribute to the Global Cash Ops, Investment Operations and wider Business Operations planning - Key contributor to the management team ensuring appropriate staffing model, depth charts and succession plans are assessed across the location - Review of location initiatives and working with other members of the leadership team to define the criticality and priority - Review risk items 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 empower 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 - Embrace change and participating/ leading efficiency and capacity-building initiatives, including automation/ standardization efforts, cost/benefit analysis and computing the resulting project value - 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 - Embracing the BlackRock Principles and role modeling these behaviors to other team members. ### Requirements for Consideration: - Candidate should possess a minimum of 10 years of financial services experience and a good understanding of Financial Markets, preferably within the Investment Management, Fund Accounting or Global Custody environment; previous experience in custody reconciliation is preferred. - Minimum of 8 years of supervisory experience; in leading teams of professionals, staff development, coaching and performance assessments. - Proficiency in Microsoft office products (with an emphasis on Excel) or other programming languages and an interest in learning new applications. - Strong, effective analytical and problem-solving skills. - Data Analytics skills preferred and/or understanding of data science methods & implementation. - Organized approach with diligent follow-up on open issues and identify appropriate action to be take. - Excellent communication skills to efficiently articulate solutions to internal and external partners. - Ability to multi-task and balance requests without losing sight of overall objectives and timescales. - Demonstration of strategic & tactical delivery in previous role(s) which enhanced the efficiency, risk management and control oversight of team - Exceptional decision-making skills and ability to communicate effectively with senior management. - Collaborate and build strong relationships with colleagues and external contacts. - Ability to work in a fast paced, rapid changing, deadline driven environment - Strong initiative to follow up on outstanding issues – identify what needs to be done and take action and see through to resolution. Our benefits To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 \| :