Derivative Operations - Analyst

About this role About Black Rock

Are you a Derivative Operations professional searching for an exciting, challenging, multi-faceted leadership opportunity with the world's largest asset manager? Do you pride yourself on building positive relationships, leading and developing hardworking teams and elevating performance? Look no further! Black Rock is pursuing an Associate to become a part of our team. We recognize that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you freedom to grow expertly and as an individual.

Black Rock's Derivative Operations is a distributed team dedicated to providing outstanding operational support across the organisation with a client-centric focus. The group manages the post trade lifecycle for cleared derivatives and collateral management. It plays an integral role within the organisation interacting with multiple internal partners and external parties including OTC counterparts, futures and derivative clearing merchants and Prime Brokers.

Facilitation of strong working relationships with all these parties, including external vendors such as custodians and fund administrators is imperative.

• Assist management with the seamless integration of Collateral Management, Exchange Traded Derivative and Cleared OTC functions into a core Black Rock location.
• Help build a culture of openness, inclusion and proactive engagement at all levels, developing a “bottom up” approach to problem solving that favors creative, data driven, “outside of the box” solutions. Some team leadership responsibilities may be required.
• Adhere to stringent Operational risk management targets, working to resolve and raise aged or high value collateral or margin exceptions.
• Act as a technical specialist by actively participating in weekly Technology / Operations meetings, collating and presenting BAU issues requiring remediation and helping ensure strategic projects remain on track.
• Develop positive relationships with external providers, ensuring Black Rock’s value proposition, technology roadmap, industry position is effectively communicated and supported.
• Participate in regular reviews to ensure Black Rock and our clients receives outstanding levels of service from all third party providers.
• Assist in business development activities by acting as a subject matter specialist, attending prospect meetings and providing Operational demos to support Aladdin implementation to clients.

• Self starter who enjoys operating in a fast-paced, high-intensity environment, who can assist with the creation of agendas
• Creative individual, who possess a passion for problem solving, is numerically proficient, has outstanding analytical skills and can think creatively
• Deep interest in data, metrics, analysis and trends but also an ability to think strategically and keep sight of the bigger picture
• Entrepreneurial drive and insight to identify control gaps and drive operational improvement initiatives.
• Excellent verbal communicator, capable of articulating complex problems in a simplistic manner
• Experience using data to drive decisions and a willingness to challenge the status quo
• Identify and resolve Operational risk embedded within the Collateral or Clearing function
• Gaining a detailed understanding of the Aladdin architecture framework, working with engineers / SME’s to implement technology plans and improve system capabilities
• Project Management and Operational Improvement skills (Prince, Lean, Six Sigma) or experience working with robotics / AI would be advantageous
• Comfortable collecting and distilling operational improvement requirements from internal and external users to provide technology partners with a clear understanding of improvement opportunities
• Customer service oriented and experience facing off with clients or partners
• Outstanding communication and presentation skills, with the ability to convey sophisticated concepts simply and clearly

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial…