BlackRock Global Provider Strategy, Analyst | BlackRock in Gurgaon, IndianaIndia
Global Provider Strategy, Analyst | BlackRock
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Global Provider Strategy, Analyst
Sales & Relationship Management
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
Technology & Operations
Business Operations is responsible for the development of the firm's operating infrastructure to support BlackRock's investment businesses worldwide. Business Operations establishes and coordinates operational procedures internally and externally with clients, custodians, prime brokers, T/A’s, broker-dealers and other vendors and is responsible for managing BlackRock's broker-dealer and service provider relationships.
BlackRock’s Global Provider Strategy (“GPS”) team is responsible for leveraging BlackRock’s scale, industry knowledge, and risk management capabilities to build and expand partnerships with leading financial institutions, market data and index providers achieving the delivery of high quality service to our firm’s clients. To achieve each of these goals, GPS develops and implements a forward looking provider strategy designed to increase operational efficiency, provide risk and cost transparency, and provide flexibility as our business evolves, leading to an enhanced client experience. To manage our relationships, GPS executes a global provider governance model that combines quantitative and qualitative components, encompasses a consistent engagement program between BlackRock and our partners, mitigates operational risks, and sets parameters for the selection of new partners.
The ideal candidate will be someone with a strong operational and/or governance background within financial services or industry related experience. This individual will be accountable for interfacing with internal stakeholders at all levels across different business groups. Additionally the successful candidate will be highly organized, resourceful, detail oriented with excellent verbal and written English skills and have experience working with different teams and manage stakeholder’s expectation, constituents located outside of India including United States, UK and Asia.
Timely completion of all GPS India responsibilities including, but not limited to data analytics, fee modeling, invoice processing, reporting, information collection and
Monthly capture of invoice data, integrity review and validation checks
Maintain commercial models and driver data for providers, maintain and works with finance to forecast BlackRock spend
Maintain executive summaries for our strategic providers
Reporting: Metrics reporting, data updates, draft creation, executive summary maintenance
Maintain platform(s) used to support sourcing activity. Work closely with deal owners to ensure all relevant deal materials are current and accurately reflect robust due diligence.
Strong understanding of contract terms and ability to explain the practical applications of such contract terms.
Additional responsibilities related to provider management as appropriate
Work collaboratively with team members supporting strategy, analysis, reporting, and contract administration.
Constantly evaluate systems, processes and procedures for inefficiencies and make recommendations for improvement.
Ad-hoc projects and initiatives.
Experience / Skills and Qualifications
Degree or Diploma in Finance or similar field required, advanced degree preferred
At least 2+ years’ experience in a fast-paced, financial services environment. (1 – 3 years)
Relevant experience required with governance regulatory requirements or have understanding of service agreements. Knowledge of MSAs, SOWs and SLAs across multiple spend categories, specifically: Asset Servicing/Market Data/Index would be helpful.
Ability to work under pressure & able to manage large volume of tasks within specific timeframes, with a high degree of accuracy and timeliness in work.
Strong English written and verbal communication skills – as evidenced by examples that demonstrate an ability to influence others through oral and written communication.
Analytical ability to synthesize information and summarize issues. Attention to detail and ability to prioritize the most critical business issues
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 June 30, 2019, the firm managed approximately $6.84 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.
Job requisition #
We create, communicate and deliver investment solutions for clients worldwide, while also developing marketing strategies for new business growth. This includes cultivating relationships with key distributors of our investment products.
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.