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BlackRock Trade Clearance/Settlement - Director in Edinburgh, United Kingdom

About this role

Want to elevate your career by being a part of the world's largest asset manager? Do you thrive in an environment that fosters positive relationships and recognizes stellar service? Are analyzing complex problems and identifying solutions your passion? Does Trade Operations interest you? Look no further. BlackRock is currently seeking a Trade Operations Director to become part of our team. We recognize that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you the opportunity to grow professionally and as an individual.

We know you want to feel valued every single day and be recognized for your contribution. At BlackRock we strive to empower our employees and actively engage your involvement in our success. We have an extraordinary responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Come join our team and experience what it feels like to be part of an organization that makes a difference.

Team Overview

BlackRock’s Global Investment Operations (GIO) is responsible for the post-trade and asset servicing functions that support BlackRock's investment businesses worldwide. GIO spans trade documentation, transaction management, collateral management, payments, corporate actions, reconciliations and securities lending functions. GIO partners with BlackRock's Portfolio Managers and Traders globally to provide operational excellence to our partners and clients.

GIO’s Trade Operations team is responsible for the affirmation, confirmation and settlement of transactions with counterparties and custodians.

General functions include trade confirmations, settlement governance, exception resolution and facilitating trading activity with providers. Key focuses include the day to day management of broker/dealer and custody relationships, fostering globally consistent trade confirmation and processing, improving operational control and reporting, eliminating risk and servicing internal and external constituents to re-affirm expectations and deliver outstanding client service.

Trade Operations Oversight & Transformations team is responsible for applying data to identify and quantify improvement opportunities across the post-trade lifecycle. As the name suggests, the team has two primary missions:

1) to oversee the efficiency of business processes and providers and 2) to find opportunities for business process and technology improvements. Both rely on data analysis to identify trends, measure impacts and predict outcomes. The team partners closely with global, product aligned teams in Trade Operations to implement tactical and systematic solutions to optimize scale and reduce risk. The team also coordinates with external providers, particularly sell-side firms, to drive strategic change across the industry.

Responsibility

  • Detailed data interrogation and trend analysis

  • Interpret, simplify and present data to partners with various backgrounds

  • Translate data to identify potential opportunities to increase scale and/or reduce operational risk

  • Partner with management teams to prioritize and execute data strategy

  • Implement process change

  • Build and maintain constructive working relationships with internal and external partners to inspire change

  • Manage internal and external partners

  • Conduct meetings with external providers to discuss performance metrics and drive performance improvement

  • Participate in local, regional and global initiatives

  • Support colleagues in a global team environment

  • Review and documentation business process

  • Experience

  • 12+ years working in buy-side investment operations with proficiency in trade confirmations and settlements

  • Proven track record of leading and motivating teams

  • Analytic problem solver comfortable working with large data sets

  • Strong organization skills with the ability to multi-task and manage deadlines effectively

  • Excellent communicator, able to simplify and convey complex themes to different audiences

  • Capable with SQL, JIRA and Microsoft Office applications, especially PowerPoint and BI

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

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 @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

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

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