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Vice President role in the Cash Services team within Outsourced Platform Services, responsible for managing risk for the firm by overseeing cash reconciliations and exception management processes, ensuring BlackRock data aligns with custodians and counterparties daily.
Job Responsibility:
All facets of people management including coaching and development of staff, leading and motivating, performing goal-setting, 1-1s, mid-year and year-end staff review
Key contributor to the management team ensuring appropriate staffing model, depth charts and succession plans
Review of location initiatives and working with leadership to define criticality and priority
Review cash exceptions daily to ensure appropriate raising and resolving
Identifying, leading and mitigating operational risks and raising risk and service issues timely
Understanding and adherence to all regulatory requirements
Lead and empower team towards finding opportunities for process enhancements and strategic operational enhancements
Accurately record metrics related to responsibilities
Embrace change and participating/leading efficiency and capacity-building initiatives, including automation/standardization efforts, cost/benefit analysis
Understand upstream processes impactful to the reconciliation
Build and maintain strong interactions with key internal & external partners
Embracing the BlackRock Principles and role modeling these behaviors
Requirements:
Minimum of 5 years of financial services experience
Good understanding of Financial Markets, preferably within Investment Management, Fund Accounting or Global Custody environment
Previous experience in custody reconciliation is preferred
Minimum of 3 years of supervisory experience in leading teams of professionals, staff development, coaching and performance assessments
Proficiency in Microsoft office products (with an emphasis on Excel) or other programming languages
Strong, effective analytical and problem-solving skills
Excellent communication skills
Ability to multi-task and balance requests without losing sight of overall objectives and timescales
Demonstration of strategic & tactical delivery in previous role(s) which enhanced efficiency, risk management and control oversight
Exceptional decision-making skills and ability to communicate effectively with senior management
Ability to work in a fast paced, rapid changing, deadline driven environment
Strong initiative to follow up on outstanding issues
What we offer:
Retirement investment and tools
Access to education reimbursement
Comprehensive resources to support physical health and emotional well-being