BlackRock

Data Operations

Posted on: 30 Nov 2021

Seattle, WA

Job Description

Description

About this role

The role sits in Data Operations within Data & AI which is a centralized data group dedicated to ensuring that all information required for the investment management process including positions, security data, pricing, risk, cash, net asset value (NAV), performance and compliance are delivered through the Green Package consistently, accurately and on a timely basis.

Candidates for this role will be part of our Production Delivery team. Production Delivery is a team that is responsible for the timely and accurate delivery of Risk and Performance Analytics Reporting to our clients through the release of the Green Package (GP) product. The GP is a comprehensive suite of reports and tools which allow portfolio management teams to manage market risk and make sound investment decisions. Production Delivery is a fast paced and challenging environment with team members who all share an interest in Finance and Technology.

Key Responsibilities:

Have a good understanding of Fixed Income, Equity, Derivatives and Alternatives products and how they are modeled and traded in Aladdin.

Use technical skills to ensure the accuracy of large analytical data sets, automate processes with scripts and macros and efficiently query information from a vast database.

Exhibit attention to detail when quality checking Green Package analytics and be accountable of timely delivery of reports to clients in accordance with Service Level Agreements.

Engage in meetings with end-users of the Green Package product from all levels within the company from Portfolio and Risk Managers to Operations teams and also with our external Clients.

Support client requests related to the Green Package analytics. 

Be a ‘Student of the Markets’ by following the global markets on a daily basis to understand how macro-economic factors can affect the Green Package analytics and portfolios management’s risk and investment decisions.

Project work: engaging with other internal teams to think creatively and deliver innovative solutions to our complex client demands.  

Show desire to work in a constantly evolving, changing and challenging environment.

Skills & Qualifications:

Excellent problem-solving and critical-thinking skills and an ability to identify problems, design and articulate solutions and implement change.

Knowledge of financial products in Fixed Income, Equities and Derivatives, and familiarity with Risk analytics such as Durations, Spreads, Beta and VaR would be an advantage.

Must possess strong verbal and written communication skills and be able to develop good working relationships with stakeholders.

Technical skills (SQL, UNIX, Python and PERL) are preferred but not necessary. 

Must be detail orientated, possess initiative and work well under pressure.

Degree in Finance, Engineering or Technology would be preferred.

Given that the nature of this role is Finance and Technology (FinTech) centric, we would like candidates who demonstrate an aptitude for learning these aspects of the job.

Developmental Value:

Candidates will gain exposure to working directly with our stakeholders such as Portfolio Management Group, Risk & Quantitative Analysis, Client Reporting Teams and BlackRock Solutions Aladdin Clients.

Candidates will have the opportunity to develop knowledge on the constantly evolving Aladdin investment technology, improve on their finance knowledge and technical skills.

Candidates will have the opportunity to participate in projects that will push them to think outside the box in order to solve numerous complex issues.

BlackRock

New York, New York

BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager with $6.5 trillion in assets under management as of April 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

In May 2019, BlackRock received widespread criticism for the environmental impact of its holdings. It is counted among the top three shareholders in every oil “supermajor” except Total, and is among the top 10 shareholders in seven of the 10 biggest coal producers. In its 2018 annual letter to shareholders, chief executive Larry Fink said that his overriding duty is to make customers money, whatever the environmental consequences.