Reconciliations and Investigations, Vice President

About this role About OPS Reconciliation The Outsourced Platform Services Reconciliation Team is a dedicated group of professionals who ensure that all BlackRock cash & position data are accurate for critical processes including investment management, analytics, compliance, and regulatory. Cash & Position types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral. We provide information services and solutions in supporting this business. The roles and responsibilities will include actively handling risk and exposure for BlackRock by ensuring the investment book of record is reconciled with the custodian, manager, client and/or prime record holders daily. The role requires an understanding of the mechanics of the reconciliation process, exception management, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes. Primary Responsibilities Include : Completing day to day assigned tasks, including, control reports, cash and position break resolution, inbox and dashboard monitoring, client and portfolio data maintenance, and daily subscription/redemption activity. Manage of team of over 10 individuals and collaborate with other teams/functions/business for efficient delivery. We provide high quality client service externally and internally. Address inquiries, perform controls, resolve problems, and mitigate risks for clients and internal BlackRock partners. Preparing, and/or reviewing reconciliations between BlackRock, Asset Manager, and Custodian Bank. Includes researching differences and resolving them in a timely and accurate manner Performing ongoing maintenance of the existing accounts to reflect client or account level changes. We work with external service providers, internal team members and other BlackRock groups to resolve issues, as identified. Assisting in special projects and initiatives to improve the service offering Enjoy developing strong internal & external relationships, with a focus on partnership & client service Constantly evaluate process and procedures for inefficiencies and make recommendations for improvement. Act as a change-management agent to consistently improve the quality control environment and develop standard methodologies. Raising all material risk items and service issues on a timely basis. Coaching and mentoring of team members to encourage high individual performance and service standards Demonstrating ability to self-improve and develop. Understand the impact of cash on upstream and downstream partners. Work with external administrator, internal team members and other BlackRock groups to resolve fund accounting and other operational issues, as identified Perform periodic internal reporting to other BlackRock groups (e.g. fund metrics, AUM, fee revenue, investor data). Lead and participate in group projects and initiatives. Respond to ad hoc requests from outside investors and other BlackRock groups. Communicate performance results to investors and resolve investors’ questions. Participate in investor due diligence meetings, as required for product set, and explain the controls in place to ensure accurate reporting to clients is achieved Skills Required : The ability to prioritize and balance multiple requests without losing sight of our overall objectives You possess strong decision-making skills to make well-thought-out decisions based on the information provided and to obtain further assistance/clarification when vital You are able to multi-task and perform in a high performance, high demand environment! You take the initiative to follow up on issues – identify what needs to be done and act Ability to multi-task, balance multiple priorities and meet deadlines in a fast-paced and evolving team You are organized and detail or ... (truncated, view full listing at source)