# Associate, Asset Reconciliations **Company**: BlackRock **Location**: Mumbai **Work arrangement**: hybrid **Job type**: full-time **Category**: Finance **Industry**: Finance **Wikidata**: https://www.wikidata.org/wiki/Q219635 **Apply**: https://blackrock.wd1.myworkdayjobs.com/en-US/BlackRock_Professional/job/Mumbai-India/Associate--Reconciliations_R266523?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply **Canonical**: https://yubhub.co/jobs/job_2b969218-8b1 ## Description The Outsourced Platform Services Asset Reconciliations team at BlackRock is responsible for delivering a robust reconciliation operating model that safeguards the integrity of investment data across critical processes. As an Associate, you will develop a strong understanding of reconciliation processes, exception management, root-cause analysis, risk identification, data analysis, and process improvement while contributing to a controlled and efficient operating environment. **Primary Responsibilities:** - Perform day-to-day reconciliation activities, including control reporting, position break resolution, inbox and dashboard monitoring, client and portfolio maintenance, and subscription/redemption processing. - Deliver high-quality service to internal and external stakeholders by addressing inquiries, performing controls, resolving issues, and mitigating operational risk. - Prepare and review reconciliations across BlackRock, asset manager, and custodian records, investigating differences and resolving exceptions accurately and within required timelines. - Maintain account and portfolio records to reflect client, account, and market-driven changes accurately and on a timely basis. - Partner with external service providers, internal teams, and other BlackRock functions to investigate and resolve operational issues. - Support special projects and initiatives aimed at enhancing controls, improving service delivery, and increasing operational efficiency. - Build strong working relationships with internal and external partners, with a focus on collaboration, responsiveness, and client service. - Identify process inefficiencies and recommend enhancements to strengthen controls, improve scalability, and support standard methodologies. - Raise all material risk items and service issues on a timely basis. - Coach and mentor team members to encourage high individual performance and service standards. - Demonstrate ability to self-improve and develop, understanding the impact of your position on upstream and downstream partners. **Skills Required:** - Prioritize and balance multiple requests without losing sight of overall objectives. - Strong decision-making skills to make well-thought-out decisions based on provided information. - Multi-task and perform in a high-performance, high-demand environment. - Take initiative to follow up on issues and identify what needs to be done. - Ability to multi-task, balance multiple priorities, and meet deadlines in a fast-paced environment. - Organized and detail-oriented with strong time management skills. - Ability to work in a multifaceted and team-oriented environment and quickly adapt to a constantly evolving business. - Effectively articulate solutions to internal and external partners. - Strong knowledge of equity and fixed income securities and derivative products. - Proficient in Microsoft Office and have an aptitude for learning new applications. **Preferred:** - Four-year degree in Finance, Accounting, Information Technology, or Economics, or a master's degree in relevant fields. - Understanding of upstream processes and their impact on reconciliation. - Flexible and open to accepting new challenges, able to work effectively and efficiently on multiple projects at a time. **Benefits:** BlackRock offers a wide range of benefits, including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents, and Flexible Time Off (FTO). **Hybrid Work Model:** BlackRock's hybrid work model requires employees to work at least 4 days in the office per week, with flexibility to work from home 1 day a week. For more fresh new jobs, check out [yubhub.co](https://yubhub.co/). ## Skills ### Required - Microsoft Office - equity and fixed income securities - derivative products - decision-making - time management - problem-solving ### Nice to have - four-year degree in Finance, Accounting, Information Technology, or Economics - master's degree in relevant fields - upstream processes knowledge --- Source: [Apply at blackrock.wd1.myworkdayjobs.com](https://blackrock.wd1.myworkdayjobs.com/en-US/BlackRock_Professional/job/Mumbai-India/Associate--Reconciliations_R266523?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)