Analyst, External Provider Oversight

Job Description

DescriptionAbout this roleAbout BlackRockElevate your career by joining the worlds largest asset manager! Would you thrive in an environment that cultivates positive relationships and promotes outstanding performance We know how it is to feel valued every single day and be recognized for your contribution.At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over $9 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. Team OverviewTransfer Agency Services (TAS) is a global team of approx. 60 within the Global Accounting and Product Services (GAAPS) team within Business Operations and Technology. We are responsible for Institutional and Commingled fund accounting, Fund Board management,Portfolio & Regulatory Compliance, Transfer Agent and operational infrastructure oversight for BlackRocks commingled funds (registered and unregistered). In addition, the teams also support Latin America Business Operations, strategic fund conversions, vendoroversight and product lifecycle events. Oversee the management and oversight of outsourced operations carried out by the appointed Transfer Agencies for BlackRock fund ranges domiciled in EMEA including Mutual Funds and Exchange Traded Products (ETFs). We require this role to cover other responsibilities within Transfer Agency Oversight as directed from time to time. Role Responsibility

• Responsible for daily relationship with BlackRocks Third Party Transfer Agents (TA).
• Investigate and resolve day to day operational queries, issues and incidents across the entire range of services provided by the TAs.
• Responsible for Cashflow Dashboard monitoring for pooled funds, and ensuring Portfolio Managers receive timely and accurate cash flow information
• Conduct root cause analysis for operational problem and ensuring appropriate remedial steps are clearly defined and assigned to mitigate risks.
• Proactively analyse trends in errors and issues to find opportunities for process improvement at either the Provider or BlackRock.
• Prepare and maintain procedures, processes and controls between BlackRock and its administrators.
• Participate in periodic reviews and updates to the operating model/service level documentation.
• Responsibility for monitoring the performance of the service provider
• Completion of oversight checks on specific activities at the TA to ensure compliance with agreed service levels.
• Monitoring of ongoing performance levels and validation against agreed key performance indicators to ensure service standards are maintained and improved.
• Conduct annual due diligence visits on providers issuing formal findings documents as appropriate.
• Active participation in business and regulatory-driven projects as an SME representing Transfer Agency Services.
• Provide constructive input to ongoing due diligence of the Transfer Agents.
• Assisting management and senior leaders with any ad hoc / project work Competencies:
• An innovator who actively seeks to generate ideas that deliver scale, commercial benefits, client service, or control improvements.
• Excellent communicator with strong influencing skills together with an ability to build and maintain relationships both internally and externally.
• Strong leader who develops a positive working environment to find ways to partner and effectuate a coordinated approach to tasks.
• A strong project manager who is able to effectively prioritize workloads and adhere to deadlines.

Experience

• Transfer Agency or TA Oversight experience is needed
• Experience or knowledge of non-UK funds and Exchange Traded Fund (ETF) products would be an advantage
• Strong initiative to follow up on outstanding issues - identify what needs to be done, take action and see through to resolution
• Ability to work in a team environment and build positive relationships with colleagues and both internal and external contacts
• Strong attention to detail and sense of urgency
• Strongly proficient on standard software (e.g. Microsoft Office)
• Experience of managing risk and control in a financial services environment
• Experience of working with external providers
• Relationship and/or project management experience would be advantageous

#EarlyCareers 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 bethere for the people you care about. Our hybrid work pilot BlackRocks current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on whats important to you. In line withlocal health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place forothers. Our "One BlackRock" culture means youll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments. About BlackRockAt 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 childrens 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 w