At a Glance
- Tasks: Join our team to analyse trade operations and resolve complex issues daily.
- Company: Be part of BlackRock, the world's largest asset manager with over USD $6 trillion in assets.
- Benefits: Enjoy a diverse work environment, professional growth opportunities, and recognition for your contributions.
- Why this job: Make a real impact on financial well-being while working in a supportive and dynamic culture.
- Qualifications: 1-2 years in investment management, a degree in finance or related field, and strong analytical skills required.
- Other info: Flexible shifts and a chance to work with global teams in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
Want to elevate your career by being a part of the world's largest asset manager? Do you thrive in an environment that fosters positive relationships and recognises stellar service? Are analysing complex problems and identifying solutions your passion? Look no further. BlackRock is currently seeking an Operations Analyst to become part of our team. We recognise that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you the opportunity to grow professionally and as an individual. We know you want to feel valued every single day, and be recognised for your contribution. At BlackRock we strive to empower our employees and actively engage your involvement in our success.
With over USD $6 trillion of assets we have an extraordinary 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. Come join our team and experience what it feels like to be part of an organisation that makes a difference.
Team Overview
Technology & Operations (T&O) is responsible for the firm's worldwide operations across all asset classes and geographies. The operational functions are aligned with clients, products, fund structures and our third party provider networks. Global Investment Operations (GIO), function within T&O, is responsible for the development of the firm's operating infrastructure to support BlackRock's investment businesses worldwide. GIO spans Trading & Market Documentation, Transaction Management, Collateral Management & Payments, Asset Servicing including Corporate Actions and Cash & Asset Operations, and Securities Lending Operations. GIO provides operational service to BlackRock's Portfolio Managers and Traders globally to ensure we provide better service to our end clients.
Transaction Management Team is responsible for the affirmation, confirmation and settlement of transactions with counterparties and custodians. General functions include the research and resolution of exceptions and DK’s, communication of trade details and allocations to counterparties, custodians and fund accountants, and processing of TBA allocations. Day to day management of broker/dealer and custody relationships is a key focus as well as fostering globally consistent trade confirmation and processing, enhancing operational control and reporting, eliminating risk and servicing internal and external constituents to re-affirm expectations and deliver superior client service.
Role Responsibility
- Work with Counter-parties and Custodians to try to resolve Exceptions related to Matching & Settlement of trades in Markets in time.
- Work with Custodians to identify all failed trades and the cause of trade failure and work towards resolution of such Fails with Counter-parties, Securities Lending teams and Corporate Actions teams.
- Work with Custodians to make sure trades can get settled fully or partially based on the safekeeping positions available with Custodian Accounts.
- Ability to multi-task and be flexible in terms of working in shifts.
- Data analysis enhancing transparency, decision drivers and efficiency.
- Ability to evaluate systems, procedures and make recommendations for improvement.
- Participate in various efficiency and capacity-building initiatives, including automation/standardisation efforts.
- Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change.
- Maintain accurate process documents and train team members to ensure holistic understanding.
- Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency.
Experience
- 1 to 2 years experience preferably in global Investment Management and Investment Banking firms.
- BS/MBA in business, finance or related field.
- Previous experience of working in a global organisation preferred.
- Understanding of financial markets and related instruments - (Equities, Fixed Income, FX Derivatives, Exchange Traded Futures, SWAPS, Collaterals).
- A strong emphasis on time management in addition to being well organised and detail-oriented.
- Great teammate with attention to details, problem solving abilities, and analytical skills.
- Ability to multi-task and be flexible in terms of working in shifts.
- Proficiency in Microsoft Office and an interest in learning new applications.
- The ability to perform effectively in an environment of rapid and continual change.
- Excellent communication skills to effectively articulate solutions with partners.
Trade Operations Analyst/Associate employer: BlackRock
Contact Detail:
BlackRock Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trade Operations Analyst/Associate
✨Tip Number 1
Familiarise yourself with the specific operational processes and systems used in trade operations. Understanding how transaction management, collateral management, and asset servicing work will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals already working in trade operations or similar roles. Engaging with them on platforms like LinkedIn can provide insights into the company culture at BlackRock and the skills they value most.
✨Tip Number 3
Stay updated on current trends in financial markets and investment management. Being able to discuss recent developments or changes in regulations during your conversations will demonstrate your passion and knowledge in the field.
✨Tip Number 4
Prepare to showcase your analytical skills through practical examples. Be ready to discuss how you've solved complex problems in previous roles, as this is crucial for a position that involves data analysis and operational efficiency.
We think you need these skills to ace Trade Operations Analyst/Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in global investment management or banking. Emphasise your analytical skills and any specific knowledge of financial markets, as these are crucial for the Trade Operations Analyst role.
Craft a Compelling Cover Letter: In your cover letter, express your passion for problem-solving and your eagerness to contribute to BlackRock's mission. Mention specific examples from your past experiences that demonstrate your ability to handle complex issues and work collaboratively.
Highlight Relevant Skills: Clearly outline your proficiency in Microsoft Office and any other relevant applications. Discuss your time management skills and your ability to adapt to changing environments, as these are key attributes for the role.
Showcase Teamwork and Communication: Provide examples of how you've successfully worked in teams and communicated effectively with various stakeholders. This will demonstrate your fit for a role that requires collaboration with custodians and counterparties.
How to prepare for a job interview at BlackRock
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Trade Operations Analyst. Familiarise yourself with terms like transaction management, collateral management, and trade settlement processes. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Analytical Skills
Since the role involves analysing complex problems, be prepared to discuss examples from your past experiences where you've successfully identified issues and implemented solutions. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Demonstrate Teamwork
Highlight your ability to work collaboratively in a team environment. Share specific instances where you contributed to team success or helped resolve conflicts. BlackRock values strong relationships, so showing that you can be a great teammate is crucial.
✨Prepare Questions
At the end of the interview, you'll likely have the chance to ask questions. Prepare thoughtful questions about the team dynamics, company culture, or future projects. This shows your genuine interest in the role and helps you assess if it's the right fit for you.