Description
The Investment Accounting Group at BlackRock provides accounting and regulatory data services to financial institutions. As an Associate or Vice President in this group, you will support the delivery of accounting and reporting services while responding to the evolving needs and priorities of clients.
Key Responsibilities:
- Develop detailed knowledge of BlackRock's capabilities, products, and services for financial institutions, staying current on regulatory landscapes and new accounting pronouncements.
- Apply knowledge of derivative concepts and derivative accounting to support investment accounting processes, analysis, reconciliations, reporting, and client deliverables.
- Support business growth, new-client implementations, and client retention within the insurance sector by partnering with teams across BlackRock.
- Lead or contribute to the continued development of investment reporting production and control processes to improve efficiency and mitigate operational risk.
- Partner with vendors to communicate development priorities and ensure accounting and reporting solutions meet business and client requirements.
- Serve as a key point of contact for clients on accounting-related matters, contribute to training for the Investment Accounting team, review regulatory reconciliations, support audits, and recommend control enhancements.
Requirements:
- Demonstrated investment accounting experience within investments or financial markets.
- Knowledge of insurance companies or statutory accounting, including regulatory and accounting requirements.
- Familiarity with product-specific financial reporting requirements and disclosures.
- Demonstrated focus on operational improvement, accounting controls, risk mitigation, and reporting processes.
- Fluent verbal and written communication skills in English and Spanish.
- Advanced proficiency in Microsoft Office Suite, with strong Microsoft Excel skills.
Benefits:
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Hybrid Work Model:
- Employees are required to work at least 4 days in the office per week, with flexibility to work from home 1 day a week.