Derivative Operations - Associate

Job Description

DescriptionAbout this roleWhat Is Derivative OperationsThe team is responsible for handling, processing and running BlackRocks Derivative activity, which includes Trade Confirmation, Clearing and Collateral Management of ETD and OTC products. The Derivative Operations philosophy is anchored on BlackRocks cornerstoneprinciples: Innovation, Fiduciary focus, Passion for Performance, and the unified purpose of One BlackRock. Through this lens we strive to build value for our clients by understanding their needs, the markets, and using technology to create optimized solutions. What Will You DoA BlackRock Derivative Operations Associate will play a meaningful part in an exciting new phase of our f Derivative Operations Associate-EDI What Is Derivative Operations The team is responsible for handling, processing and running BlackRocks Derivative activity, which includes Trade Confirmation, Clearing and Collateral Management of ETD and OTC products. The Derivative Operations philosophy is anchored on BlackRocks cornerstoneprinciples: Innovation, Fiduciary focus, Passion for Performance, and the unified purpose of One BlackRock. Through this lens, we strive to build value for our clients by understanding their needs, the markets, and using technology to create optimized solutions. What Will You Do A BlackRock Derivative Operations Associate will play a meaningful part in an exciting new phase of our functional evolution! Guided by your manager, you will learn how to set the benchmark in Operational excellence. This will include building important relationshipsacross the organisation, proactively handling risk, improving processes, crafting new data capabilities and working with ground-breaking new technology fit for the future! Above all, you will be part of a collaborative global network of outstanding talentthat promotes openness, transparency, inclusion and equal opportunity. Key Responsibilities The passion, energy, drive and dedication you bring to learning all aspects of the job will be vital to the success of the wider business. Daily tasks are varied, and could range from confirming trades, moving collateral, ensuring the firm gets paid in a timelymanner to helping Portfolio Managers and Trading teams work towards their goals. We also encourage staff to get involved in the many professional networks on offer at BlackRock, which foster regional connectivity and give back to local communities.

• Implementing thorough Operational risk management standards (Key Risk Indicators / Key Process Indicators) and identifying, communicating, and resolving issues quickly and efficiently.
• Developing technical expertise through on the job training and self- learning, with active participation in Technology and Operations meetings encouraged. This may involve presenting ideas, contributing ideas, problem solving, or helping ensure strategicprojects remain on track.
• Building strong relationships with internal and external partners, ensuring BlackRocks value proposition, technology roadmap and industry position is communicated and supported. Participate in regular reviews to ensure BlackRock receives outstanding levelsof service from all third-party providers.

Experience

• Self-starter who enjoys operating in a fast-paced, high-intensity environment, who is capable of working as part of a global team.
• Will be a creative individual, who possess a passion for problem solving, is numerically fluent, has superior analytical skills and can think outside the box
• Will have a deep interest in data, metrics, analysis and trends but also an ability to think strategically and keep sight of the bigger picture.
• Will possess an entrepreneurial drive and technical insight to identify control gaps and drive process improvement initiatives.
• Will be an excellent verbal and oral communicator, capable of articulating complex problems in a simplistic manner.

Additional Qualities

• Financial Services or Operations experience
• Knowledge of the Derivative products and post-trade lifecycle (confirmation, collateral management, margin reconciliation, settlement) is desirable
• Project management skills

unctional evolution! Guided by your manager, you will learn how to set the benchmark in Operational excellence. This will include building important relationships across the organisation, proactively handling risk, improving processes, crafting new data capabilitiesand working with ground-breaking new technology fit for the future! Above all, you will be part of a collaborative global network of outstanding talent that promotes openness, transparency, inclusion and equal opportunity. Key ResponsibilitiesThe passion, energy, drive and dedication you bring to learning all aspects of the job will be vital to the success of the wider business. Daily tasks are varied, and could range from confirming trades, moving collateral, ensuring the firm gets paid in a timelymanner to helping Portfolio Managers and Trading teams work towards their goals. We also encourage staff to get involved in the many professional networks on offer at BlackRock, which foster regional connectivity and give back to local communities.

• Implementing thorough Operational risk management standards (Key Risk Indicators / Key Process Indicators) and identifying, communicating and resolving issues quickly and efficiently.
• Developing technical expertise through on the job training and self- learning, with active participation in Technology and Operations meetings encouraged. This may involve presenting ideas, contributing ideas, problem solving, or helping ensure strategicprojects remain on track.
• Building strong relationships with internal and external partners, ensuring BlackRocks value proposition, technology roadmap and industry position is communicated and supported. Participate in regular reviews to ensure BlackRock receives outstanding levelsof service from all third-party providers.

Experience

Who We Are Looking For

Financial Services or Operations experience

Futures, Options, and/or Collateral experience

Reconciliation, settlement, messaging, trade support

Client or collaborator support experience

Technology skilled for any aspect

Things like SQL, Python, FIX messaging, Trade Execution Flow, Power BI, Tableau

Skill in data

Experience working in Global teams and liaison with multiple teams/departmentsCurious - like to learn new