For Recruiters

Finance Associate - Mutual Fund Board Reporting & Analysis

BlackRock
New York, United States
Posted 2 days ago Permanent Competitive
Finance Associate - Mutual Fund Board Reporting & Analysis
Description

About this role

The Management Information & Initiatives (MII) team within BlackRock's Finance department is seeking an Associate to join the team in New York. Partnering with various business areas and functions across BlackRock, this position will support mutual fund board reporting and analysis, business economics, financial modeling and analytics, process design, and special projects. Candidates should possess great attitude, strong analytical skills, and be able to work in a fast-paced, team-oriented environment. Work experience in the Mutual Fund or Investment Management industries preferable.

Primary Responsibilities:
  • Support the implementation of various firm-wide business allocation and reporting projects, including the US Mutual Funds Board reporting ("15(c)" reporting). The 15(c) reporting includes estimated fully-costed operating income for over 750 1940-Act funds for the fund boards' annual assessment
  • Analyze and support fund board reporting for funds registered outside the United States (such the Assessment of Value for funds registered in the United Kingdom)
  • Collaborate with various teams to understand the nature of BlackRock functions and products, help run and monitor the allocation model process in the TM1 finance system, and conduct validations and deep-dive variance analysis on results
  • Create complex financial models for fund board reporting, as well as for analysis of the company, businesses, and products (using large sets of data) to support senior management's strategic decisions
  • Assist in creation of presentations and detailed financial analyses presented to senior management and board of directors; deliver well-structured analyses and clearly presented findings
  • Coordinate processes and explore opportunities to enhance data sourcing, model methodologies and advanced technologies to bring about increased automation, efficiency, and accuracy


Experience and Skills Requirements:
  • Bachelor's degree in Finance, Economics, Mathematics or related field; MBA a plus
  • 3-5 years of experience, preferably in the Financial Services industry; Mutual Fund or Investment Management industry experience, as well as 1940-Act 15(c) experience, a big plus
  • Solid experience with modeling, financial analysis, and project management
  • Strong problem-solving, quantitative, process driven and analytical skills; strategic and creative thinking
  • Superb Excel skills - extensive use of complex Excel functions, including Power Pivots and VBA, and building financial models and reports; solid experience with Cognos Planning Analytics (TM1) strongly preferred
  • Strong PowerPoint skills (role will require putting together material for senior management/Board of Directors)
  • Experience working with large data and utilizing different tools and platforms for reporting
  • Focused attention to detail and high standards for quality and accuracy in work product
  • Strong organizational, planning and project management skills
  • Strong verbal and written communication skills; ability to clearly articulate and present ideas, both in written and oral form, to colleagues and senior management
  • History of effective multi-tasking, expectation setting, cross-functional coordination, proper issue escalation; ability to work in a fast pace environment with time sensitive deliverables


Personal Qualities:
  • Strong work ethic and accountability owner
  • Strategic, creative thinker; solutions and service oriented
  • Professional, positive, collegial demeanor; collaborative relationship builder
  • Comfortable interacting with all levels of management and able to thrive in a fast paced, innovative environment


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 pilot

BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | 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 ID  R223834
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