Description
The Outsourced Platform Services Cash Reconciliations team at BlackRock is responsible for delivering a robust reconciliation operating model that safeguards the integrity of investment data across critical processes. The Vice President role is a senior leadership position accountable for driving operational excellence, strengthening risk and governance frameworks, leading strategic transformation initiatives, and developing a high-performing team.
Primary Responsibilities Include
- Lead the end-to-end operating model for OPS Cash Reconciliations, ensuring accurate, timely, and controlled reconciliation of positions, cash, and related activity across portfolios, platforms, and counterparties.
- Own the risk and control framework for the function, including escalation management, exception governance, root cause analysis, remediation oversight, and continuous strengthening of the control environment.
- Drive strategic initiatives to improve scalability, automation, data quality, and operational resilience, reducing manual dependency and enhancing service delivery across a growing and complex business.
- Partner with internal stakeholders, external administrators, custodians, and service providers to resolve complex issues, influence outcomes, and ensure alignment on priorities, controls, and client commitments.
- Provide leadership in governance forums by communicating material risks, service issues, performance trends, and key decisions clearly and promptly to senior management and relevant partners.
- Oversee delivery against service level expectations and business priorities, ensuring issues are identified early, appropriately prioritized, and resolved in a timely and sustainable manner.
- Lead organizational development for the team through coaching, performance management, succession planning, and talent development, building strong leadership depth and a high-performance culture.
- Assess capacity, operating model design, and resource allocation to ensure the function is positioned to support business growth, platform change, and evolving client and regulatory demands.
- Champion process standardization, documentation quality, and best practices across the team to improve consistency, transparency, audit readiness, and knowledge transfer.
- Use data, trend analysis, and operational metrics to identify emerging risks, inform decisions, and drive measurable improvements in accuracy, efficiency, and client experience.
Skills Required
- The ability to prioritize and balance multiple requests without losing sight of overall objectives.
- Strong decision-making skills to make well-thought-out decisions based on the information provided.
- Ability to multi-task and perform in a high-performance, high-demand environment.
- 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 and evolving team.
- 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.
- Strong knowledge of equity and fixed income securities and derivative products.
- Proficient in Microsoft Office.
Preferred
- Understanding upstream processes and their impact on reconciliation.
- Flexible and open to accepting new challenges.
- 10+ years of investment/fund accounting/Reconciliation work experience or equivalent.
- Strong leadership and management skills.
- Dynamic individual with very strong communication skills.
- Positive attitude with very strong problem-solving skills.
- Knowledge of technical and regulatory issues affecting the alternatives investment fund industry.
Benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)