Implementation Consultant (Middle Office Trade Operations), Aladdin Client Technology, Associate

About this role

About this Role

BlackRock’s business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clients—period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future.

That’s why investors of all kinds have made us the world’s largest asset manager, entrusting us with trillions of dollars, and its why companies, institutions and global governments come to us for help meeting their biggest financial challenges.

BlackRock runs on Aladdin. It has always been at the core of BlackRock. Aladdin® is an operating system for investment managers that seek to connect the information, people, and technology needed to manage money in real time. Our investment software combines risk analytics with portfolio management, trading, compliance, and operations tools on a single platform to power informed decision-making, effective risk management, efficient trading, and operational scale. Aladdin is used by a community of over 900 clients around the world. There are over 100,000 end users of Aladdin globally. Through Aladdin, the firm offers to clients the same technology and intellectual capital that BlackRock uses to manage investments day-to-day.

The Aladdin Client Business is growing rapidly, with the volume of new client deals growing each year. We are at the next phase of our growth and are evolving into a business with multiple new product launches. Successful candidates will join in our efforts to help our clients onboard the world’s leading end-to-end operating system to manage investment portfolios and transform their business.
 

Key responsibilities include:

· Own relationships with client teams including senior management to understand their business objectives and needs, and help them use Aladdin expertise to achieve their firm’s goals

· Own the entire investment operations workflow for a project including pre-planning, configuration, testing and client training

· Be an extension of the client’s in-house team to build and lead projects and coordinate resources across multiple functional areas and share knowledge relating to Aladdin models, functionality, workflows, and market best-practices

· Partner with the client, as well as Aladdin Product Managers, developers, and financial modelers to support client development needs and assist with deployment of new models, analytics, and reporting across our broad range of financial products and investment styles

· Build strong internal relationships within BlackRock Solutions, and the wider BlackRock globally, in support of your clients

Required Skills and Experience

· 4-6 years of work experience in the financial services industry within the investment operations space or preferably from a large investment bank

· Familiarity with operational workflows including fund order execution, collateral and margin requirements, corporate actions, reconciliations and previsioning

· Prior working knowledge and engagement with third party trade execution, settlement/confirmation platforms as well as market data vendors

· Strong industry knowledge and can speak to market issues, trends, regulatory needs with clients

· Working understanding of equity, fixed income and derivative markets, and analytics

· Experience advising and engaging with clients at scale on workflows

· Outstanding communication and presentation skills, with the ability to convey complex concepts simply and clearly to clients

· Ambitious approach to large, complex projects, with a flair for problem solving

· Self-starter who enjoys a fast-paced, high-intensity environment and works well as part of a multi-disciplinary global team but also has the ability to take initiative and work independently

· Ability to travel and be on-site with client at various stages of implementation

· Experience working on large agile implementations

· Strong understanding of project lifecycle

· Experience engaging with and managing project stakeholders

Preferred Skills and Experience

· Prior people manager/leadership experience

· Project management experience

· Knowledge of private market (hedge funds, real estate, private placements) is useful but not required

· Experience with SQL, UNIX, VBA , C++, PERL or similar tools, and/or Aladdin

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 | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.