Description
About this role
About BlackRock
Elevate your career by joining the world's largest asset manager! Thrive in an environment that promotes positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With about USD $8 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified individuals without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
This role will be based in our Wilmington, Delaware location.
Team Overview
Americas (AMRS) Product Oversight and Governance (POG)
AMRS POG is a unit within Global Accounting & Product Services (GAAPS). Members of the AMRS POG team are responsible for leading all aspects of the funds' overall control environment and handle numerous business affairs in support of our funds. These individuals will connect across GAAPS and Business Operations to manage product and regulatory changes within our fund ranges. AMRS POG works closely with several other internal teams to deliver quality and value to our shareholders including but not limited to teams responsible for accounting oversight, financial reporting, product development, pricing, tax, legal and compliance.
Roles & responsibilities
Oversight of outsourced functions including fund auditors, review performance of the service providers, and evaluate control environments.
Review and challenge policies and procedures to help evolve the operating model to best practice with a focus on automation and technology.
Manage periodic fund distributions process, working closely with product development and tax teams.
Participate in negotiation and administration of credit facilities and other leverage instruments.
Product lifecycle engagement for launches, liquidations, mergers, and other structural events.
Contribute towards and prepare presentations to BlackRock governance bodies (e.g. fund boards) and committees.
Involved in the investigation of operating events and coordinate with cross functional colleagues.
Provide fund accounting technical input across all operational aspects.
Support the financial reporting team with limited reviews of certain technical areas
Build good relationships with business areas within BlackRock to support effective cross-functional engagement.
Contribute to ensuring compliance with all relevant BlackRock policies and with regulatory requirements impacting the funds.
Experience & Skills
6-10 years 1940 Act investment management industry experience with fund structures such as open-and close-end mutual funds, interval and tender offer funds, and exchange traded funds.
Strong understanding of US GAAP and SEC regulatory reporting requirements.
Accounting, reporting and investment operations for a broad array of domestic and foreign equity, fixed income, financing and derivative investment holdings and strategies.
Familiarity with RIC tax and fund distribution requirements.
Fair valuation guidance, practices, and committee participation.
Diverse range of fund expense structures (unitary and pass thru) and methods for waivers, caps, allocation, and application of break points.
External service provider oversight and control environment assessment.
Big Four audit experience preferred, but not required.
Project Management for regulatory and business change
Accountability and ownership of key functions and special projects.
Vendor management experience.
Good understanding of the fund valuation and associated transaction lifecycle and key control frameworks.
Solid prioritization skills and ability to handle contending priorities.
Consistent record in implementing change management.
Strong verbal and written communication capabilities with all levels, including portfolio managers, fund directors, external auditors, senior management, and vendors.
Initiative, drive, and passion.
Excellent attention to detail and passion for performance.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents 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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.