BlackRock Analyst, Benefits Operations in Gurgaon, India
Analyst, Benefits Operations
Human ResourcesHaryanaGurgaon,Requisition #: R191844
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Analyst, Benefits Operations
BlackRock helps investors build better financial futures. 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 March 31, 2019, the firm managed approximately $6.52 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com | Twitter: @blackrock at https://twitter.com/blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock .
As an Analyst within BlackRock’s Global Total Rewards Operations function, the position will work with a team of HR professionals in a fast paced and dynamic work environment. The role will be responsible for providing support for the delivery of financial and personal wellness benefits programs as well as work/life initiatives.
In addition this role will liaise with other team members, as needed, within the Global Total Rewards Operations with all aspects of total rewards (compensation, benefits and talent mobility) operations. There will be growth and learning opportunities within other areas of total rewards and broader HR operations.
Key responsibilities include:
This role will focus on providing support to the Rewards team in the delivery of benefits programs.
Provide operational support for the delivery of BlackRock’s global benefits programs (financial and personal wellness and work/life initiatives)
Liaise with other HR stakeholders and teams to get complex employee queries resolved
Actively support benefits contract renewals in partnership with vendor management and Global Benefits teams
Invoice processing for all vendors including tracking of payments and outstanding invoices
Analytics support for creating and reviewing monthly exception reports
Undertake detailed review of monthly exception reports and resolve with the relevant stakeholders
Provide operational support to complete market surveys and benchmarking within assigned timeframes
Periodic reconciliations of benefits funding, headcount & corporate deposits
Providing payroll inputs to the payroll team based on reconciliations
Build deep understanding of the global benefits and be able to act as competent back –up for other team members
Conduct periodic audits of the processes and build proper controls to mitigate risk
Vendor management and addressing ongoing operational queries with vendors
Constantly identify & drive process improvement and standardisation opportunities
Provide project based support on other initiatives such as vendor optimization, HR Operational Excellence and intranet updates
Provide peer review support and back up for other team members
Develop and maintain process documentation
Provide support on ad hoc projects
Knowledge/ Experience required:
3-5 years of relevant experience in global benefits programs and operations
Must be open to work early/ late shifts
Broad knowledge of HR concepts, processes and their inter dependencies
Financial services and/or investment banking industry experience is preferable
Experience with a captive centre is highly desirable
Capable of grasping new concepts quickly and utilizing it in a productive manner
Microsoft Office (essential) and WorkDay (preferred)
MBA (HR) preferred
Strong Microsoft office skills including Word, PowerPoint, Outlook and Advanced Excel proficiency (e.g. complex formulas – if statements, vlookup, countifs, conditional formatting, etc. for data manipulation and reporting),
A high level of attention to detail
A positive and ‘can-do’ attitude
Organized and process oriented
Ability to work independently, solution-oriented
Ability to support and collaborate with a remote team
Desire and ability to provide outstanding service to internal clients
Proven ability to manage competing priorities and meet tight deadlines
Excellent communication skills (written and verbal)
Ability to identify, analyse and develop improvements to processes and/or procedures
Discretion in dealing with confidential information
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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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 .
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