BlackRock Treasury Analyst | BlackRock in Budapest, Hungary
Treasury Analyst | BlackRock
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Finance & Internal Audit
BlackRock’s business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clients—period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future.
That’s why investors of all kinds have made us the world’s largest asset manager, entrusting us with trillions of dollars, and it’s why companies, institutions and global governments come to us for help meeting their biggest financial challenges.
About this role
At BlackRock we are building something great in Budapest, our new global technology and Innovation hub, where we want to shape a culture in which challenge, development and innovation happen every day. Our mission as an organization is create a better financial future for our clients and BlackRock Budapest will enable this, through a relentless drive to make ourselves and our communities better. We are a diverse bunch of people who like to analyze, reinvent, and enhance how we work, and all in the pursuit of a better experience for our colleagues and clients. We offer the excitement to be a founder in a start-up with the security of a global, leading organization, where you will find innovation and inclusion are our competitive advantages. There are limitless problems to solve and opportunities for learning and development, alongside a team of clever and caring colleagues. Our culture is one of respect, challenge and stretch and we expect and value feedback. We believe that people reach their best potential when the different facets of their home, work and community are all cared about. We will have a fun, fast paced work environment located in cutting edge facilities, with competitive and innovative benefits, and the ability to define your role, pursue your aspirations and shape your future within Hungary and beyond.
The Treasury team is responsible for managing the firm’s cash management, cash investment, liquidity, foreign exchange, funding and capital management activities globally. The group also provides financial oversight on seed and co-investments and regulatory capital requirements.
BlackRock is looking for an Analyst for its Corporate Treasury team in Budapest. The Analyst will be responsible for managing cash management operations of the Budapest Treasury team, including cash reporting, transaction inquiries, bank account management, and various ad-hoc responsibilities. The analyst will be responsible for contributing to the service quality delivery of the team. The analyst will ideally have some treasury, banking or other corporate finance experience and a demonstrated ability to strive towards operational excellence, learn quickly, implement change and deliver high quality results.
Key areas of responsibility
Partner with various Treasury, Controllers, Tax, Legal and Risk Management groups internally, as well as the banks of BlackRock, to support the corporate cash management and liquidity activities globally
Manage and monitor daily cash, oversee and manage the Treasury Workstation, investigate balance reporting issues, manage payments, manage transaction inquiries
Prepare global daily, weekly and monthly cash reports, including time deposit and investment exposure reports
Manage corporate bank account opening, closing, KYC, account signers and bank services processes with banks and internal stakeholders
Oversee cash management risks and controls, proactively look for opportunities to optimize Treasury processes and controls, enhance policies, reporting tools and data quality
Deliver operational excellence and effectively manage and be accountable for deliverables
Develop new approaches to improve the process and control environment and contribute to global technology initiatives
Any candidate who has coding and VBA skills will be instrumental to the automation and technology initiatives of Treasury globally and have opportunities to lead some of these initiatives
Skills / experience requirements
A few years of experience, preferably in the financial services industry and/or multi-national corporation, with a track record of strong performance
Bachelor’s Degree or higher, preference for Accounting / Finance
Demonstrable problem-solving, quantitative and analytical skills
Exceptional attention to detail and rigor
Organized and methodical, ability to multi-task and meet critical deadlines
Self-starter, quick learner, team player with collegial orientation and desire to take on responsibility
Proficiency in all Microsoft Office applications, with expert and VBA skills in Excel preferred, but not required
Strong knowledge of uses of technology to improve efficiency
We are looking for people who are:
Curious: You like to learn new things and have a healthy disrespect for status quo
Brave: You are happiest outside your comfort zone
Passionate: You feel personal ownership for the work you do and an aspiration to be better
Open: You value and respect input from other
Experimental: You make mistakes, but learn from them
Geeky: You want to outsmart the problem.
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of September 30, 2019, the firm managed approximately $6.96 trillion in assets on behalf of investors worldwide.
For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock at https://twitter.com/blackrock |
Blog: www.blackrockblog.com at https://www.blackrockblog.com/ | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
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Our teams deliver timely, accurate and insightful financial information and analysis. We also provide thought leadership across BlackRock’s rigorous control and risk management environment to enhance decision making, optimize resource allocation and help achieve business objectives.
BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEO is the Law poster here at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf and its supplement here at https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCPEEOSupplementFinalJRFQA508c.pdf . The pay transparency policy is available here at https://www.dol.gov/ofccp/pdf/pay-transp_formattedESQA508c.pdf .
BlackRock is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to Disability.Assistance@blackrock.com and let us know the nature of your request and your contact information.