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BlackRock Analyst, Benefits Operations in Gurgaon, India

Analyst, Benefits Operations

IN

Human ResourcesHaryanaGurgaon,Requisition #: R191844

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Analyst, Benefits Operations

Description

About BlackRock

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 .

Job Description:

Job Purpose:

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

Additional Responsibilities

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)

Skills/ Qualifications:

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),

Competencies Required:

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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