Analyst, Cash Operations

Mumbai, India
09 Feb 2023
09 Mar 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

About this role

Job Purpose:

The Cash & Asset Operations 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. The team provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses. The roles and responsibilities will include actively managing risk and exposure for BlackRock by ensuring BlackRock cash & position data is in line with external prime record holders daily. The role will result in understanding 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. The cash & position reconciliations play a prominent role in the lifecycle of a trade, using BlackRock's proprietary platform Aladdin to ensure operational consistency and client fiduciary responsibilities.


•Review cash & asset position exceptions daily including researching differences and resolving them in an accurate and timely manner

•Work with internal/external partners to ensure issues are being appropriately reviewed and progressing to completion

•Working across APAC to assess the overall current state and potential for business model improvements

•Perform control and risk oversight for all functions performed within the team

•Ensure all accounts are reconciled and published by agreed deadlines daily

•Review cash, position and collateral exceptions daily to ensure the team is appropriately raising and resolving

•Identifying, leading and mitigating operational risks and raising risk and service issues on a timely basis

•Understanding and adherence to all regulatory requirements

•Lead and motivate team towards finding opportunities for process enhancements and other strategic operational enhancements that facilitates operational processes or mitigates operational risk

•Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency

•Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change

•Build and maintain strong interactions with key internal & external partners including; leading & coordinating problem resolution

•Maintain accurate and current desktop procedures

•Embracing the BlackRock Principles and role modeling these behaviors to other team members


Candidate should possess 1-5 years of financial services experience and have a good understanding of Financial Markets, preferably within the Investment Management, or Global Custody environment.

•Previous experience in Income Process, Cash & Asset Reconciliation process is preferred

••Proficiency in Microsoft office products (with an emphasis on Excel) or other programming languages and an aptitude for learning new applications

•Strong, effective analytical and problem-solving skills

•Organized approach to ensure follow up on outstanding issues and identify appropriate action to be taken

•Attention to detail to ensure a high degree of accuracy for all deliverables

•Excellent communication skills to effectively articulate solutions to internal and external partners

•Ability to multi-task and balance requests without losing sight of overall objectives and deadlines

•Demonstration of strategic & tactical delivery in previous role(s) which would have enhanced the efficiency, risk management and control oversight of team(s) managed

•Exceptional decision-making skills and ability to communicate effectively with senior management

•Ability to work in a team environment and build strong relationships with colleagues and external contacts such as custodians, counterparties and other third-party providers

•Capability to assist in creating a team vision, planning and executing steps to enable a consistently productive team

•Strong initiative to follow up on outstanding issues - identify what needs to be done and take action and see through to resolution


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 be there for the people you care about.

Our hybrid work model

BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. 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 BlackRock

At 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 children's 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 without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
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