Job Information
BlackRock Analyst/Associate, Fund Operations in Shanghai, China
About this role
About BlackRock CCB Wealth Management Limited:
BlackRock’s purpose is to help more and more people experience financial well-being and the firm has a long history of investing in and serving investors in China. BlackRock aspires to become the leading global asset management firm operating in China and is committed to contributing to the long-term development of the local asset management industry. BlackRock CCB Wealth Management Limited - a Shanghai-based joint venture between BlackRock, China Construction Bank and Temasek - aims to deliver investment excellence by offering customer-centric, diversified and innovative wealth management products and solutions to help Chinese people build savings that serve them throughout their lives.
About the Role:
We are looking for a professional to join the Operations team to support the daily operations and business growth.
This role is part of the operation team which is responsible for NAV and reporting, cash and trade settlement and reconciliation, product life cycle management, as well as operation projects that enable business growth, drive efficiency and enhance controls. The individual will have opportunities to work on cross-functional projects, join learning & development sessions as well as to get individual buddy/mentor to support personal development in our company.
Key Responsibilities:
Responsible for timeliness, accuracy and completeness of valuation, product NAV, and information disclosure.
Perform bank account opening, cash transfers, trade settlement, daily cash, transaction and position reconciliations.
Partner with internal teams and external providers (e.g. custodian, fund admin, tax advisor, auditor, etc.) to support product life cycle management and ensure timely communication and escalation.
Participate product on-boarding process, including system parameters setup, ensuring overall data quality, and certifying readiness for product launch.
Continue to improve efficiency and controls through automation, process improvement, and control enhancement.
Participate in ad-hoc projects and other operation related work as needed.
Skills and Qualifications:
2+ years solid operations experience in asset management industry, preferably wealth management companies.
Subject matter expertise in accounting, valuation and fund operations
High level of self-motivation, with integrity and ethics. Able to adapt to fast-changing circumstances as the organization grows
Capable of working independently and demonstrate a proactive and risk-focused approach to work, understanding the importance of identifying and reporting issues appropriately
Strong teamwork and collaborative experience, and preferably with experience of managing vendors and service providers.
Tech skills such as VB, python and RPA tools a plus.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents 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, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.