# Associate, Asset Reconciliations

**Company**: BlackRock
**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_R266540?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_ed168361-59c

## 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. The Associate 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 Include:

- 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.

Skills Required:

- Ability to prioritize and balance multiple requests without losing sight of overall objectives.

- Strong decision-making skills.

- Multi-tasking and performance in a high-pressure environment.

- Initiative to follow up on issues and identify what needs to be done.

- Organizational and detail-oriented with strong time management skills.

- Ability to work in a multifaceted and team-oriented environment.

- Strong knowledge of equity and fixed income securities and derivative products.

- Proficiency in Microsoft Office.

Preferred:

- Four-year degree in Finance, Accounting, Information Technology, or Economics, or a master's degree in relevant fields.

- Understanding of upstream processes and ability to correlate the effect of change.

- Flexibility and openness to accepting new challenges.

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.

## Skills

### Required
- Microsoft Office
- equity and fixed income securities
- derivative products
- decision-making
- multi-tasking
- time management
- organizational skills

### Nice to have
- Finance
- Accounting
- Information Technology
- Economics
- upstream processes

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