Transfer Agency Oversight Analyst

ENGINEERINGUK; City of Edinburgh; Hybrid; GBP 35,000 - 55,000; Full time

Job description

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Sector: Banking and Financial Services
Role: Analyst
Contract Type: Permanent
Hours: Full Time

About this role

About BlackRock

Elevate your career by joining the world's largest asset manager! Would you thrive in an environment that fosters positive relationships and recognizes outstanding performance? We know how important it is to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over $10 trillion of assets, we have a significant 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.

Job Purpose/ Background

Technology and Operations ("Tech Ops") supports the development of the firm's operating infrastructure to support BlackRock's investment businesses worldwide. Tech Ops establishes and coordinates operational procedures internally and externally with clients, custodians, accounting agents, prime brokers, broker-dealers, and other vendors, as well as strengthen BlackRock's relationships.

Global Fund Distributor Services ("GFDS") is a unit within Tech Ops - Global Accounting And Product Services (GAAPS). GFDS provides management and oversight of BlackRock Fund Transfer Agents and distribution partners that service and distribute our Fund Ranges globally. We also perform governance and oversight of BlackRock's Retail Fund Distribution Partners.

As we look to expand Fund Distributor Oversight (FDO) footprint in India, we are seeking a People Manager Associate to supervise the transition & lead the team. The role will require a wide skill set including the ability to smoothly transition work from onshore team, undertake the operational due diligence at onboarding and ongoing oversight of our Fund Distributor Partners, excellent communication and build partnerships with internal and external partners. You will play a key role in shaping up our offshore team.

Responsibilities

• All facets of people management to be performed including: coaching and development of staff, leading and motivating as well as performing goal-setting, 1-1s, mid-year and year-end staff reviews.
• Collaborate with on-shore FDO stakeholder(s) for supporting transition of work/services to Off-shore location which involves smooth handover, adherence to defined policies, procedures, and timelines.
• Work with internal & external partners to obtain the required documentation from each of our Fund Distribution Partners (FDPs).
• Undertake an initial analysis and risk rating of FDPs as part of the onboarding process.
• Ensure FDPs are reviewed in a timely manner on an ongoing basis in line with their risk rating or trigger event.
• Take ownership of your own workload and drive through to completion in line with agreed timelines.
• Report on progress to the manager, escalating any obstacles that may prevent you from delivering on your agreed workload.
• Look for any opportunities to improve business processes and technology tools, with a lens on risk management and mitigation.
• Develop content knowledge and the ability to absorb and synthesize data/information.
• Participate in periodic reviews and updates to the operating model/service level documentation.
• Lead and motivate team towards identifying opportunities for process enhancements and other strategic operational enhancements that facilitate operational processes or mitigate operational risk.

About you

• Candidate should possess a minimum of 1-4 years of financial services experience and have a good understanding of Financial Markets, preferably within Asset Management, Due Diligence or Transfer Agency Oversight.
• Bachelor's degree is preferred.
• Strong commitment to service excellence with the analytical ability to synthesize information and summarize issues.
• Attention to detail and ability to prioritize the most critical business issues.
• The ability to meet deadlines, multitask and be proactive within a high-pressure environment.
• Data entry skills and familiarity with spreadsheets and online forms.
• Excellent written and verbal communication skills.
• Confidence that you will flourish on a fast-paced and high-profile project.
• Strong collaboration skills and experience of working cross-functionally.
• Intellectual curiosity and the desire to take initiative and deliver results.
• Excellent attention to detail and a strong work ethic.
• Strong in MS Office skills - PowerPoint, Excel and Word.
• Previous experience working in the areas of Distribution or Onboarding would be beneficial.

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 | Twitter: @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.