R241114
Description
About this role
BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares ETFs.
Responsibilities
The Data Stewardship Team is responsible for ensuring the data needs of BlackRock and the clients of BlackRock Solutions are fulfilled with accurate, complete, and timely data.
As a member of Third Party Oversight team within Data Stewardship, you will play a key role in a growing area in a dynamic and challenging environment.
Day-to-day Responsibilities Include
- Define and implement a standard process for third party lifecycle management and mature and integrate with existing processes and workflows
- Build and maintain high performing relationships with our third party data vendors & core internal partners to achieve a comprehensive, quality data offering
- Understand Third party methodologies and differences across vendors and strategically resolve to meet client needs
- Manage Third party data providers for Reference and Master data and any related escalations
- Measure and oversee vendor data quality and change management projects and support requests on all data challenges
- Serve as a liaison between vendors SME, business SME, and Data stewards SME teams to manage the capability roadmap, issue tracking and change tracking
- Work closely with data customers both internally and externally to stay abreast of new and evolving business and data challenges, requirements and market trends in order to align our data capabilities and content with business needs
- Develop and continuously improve and expand coverage of third party performance by monitoring progress through KPI's
- Keep Senior management abreast of Vendor Data Quality, challenges and Progress
- Provide data insights and expertise in response to changing business needs, market events, regulatory change and new financial products.
- Profile and analyze data to ensure content meets business requirements while being compliant with the various dimensions of data quality as outlined in our data quality policy.
- Design data quality checks and performance metrics to assess data health and detect deficiencies and improvement with our data sources or internal data processes.
- Active engagement with key product stakeholders to ensure client data experience is aligned and exceeding expectations
- Ongoing engagement with technology on ways to innovate and deliver high quality data solutions through robust storage, maintenance, management and delivery methods.
This function will expose the candidate to a wide range of BlackRock's and BlackRock Solutions data providers and sources, tools and businesses and will require him/her to work closely with internal clients such as portfolio management, account management, operations, BlackRock Solutions as well as external users of reference and master data
Qualifications / Requirements
- Strong experience working with reference data(Equity, Options, Futures, ETFS, Entity, issuer, funds, fixed income or structured products and master data is required
- Experience working with or as part of Data vendors providing Reference/ Master or Market data is required
- Candidate must have excellent communication skills to enable clear articulation, interpersonal skills and influence while working with internal and external clients.
- Candidate must have strong organizational skills and demonstrate project management, change management, issue management experience.
- Bachelor's degree or equivalent experience in Master and reference data management across multiple asset classes and asset resolution
- Data modelling experience to solve a business challenge is a plus
- Minimum of 7 years of experience with large-scale data programs or data vendors
- Ability to document detailed requirements and transpose them into data specifications and translate them to technical requirements a plus
- Candidate must possess and demonstrate working knowledge of financial markets and general knowledge of the entire investment landscape with strong grasp of current and future data trends and industry practices
- Candidate is expected to think critically about complex business challenges and possess strong problem solving skills in order to deliver holistic solutions.
- Candidate must have enthusiasm for, and comfort with, working in a high pressure and fast pace environment while maintaining quality and the integrity of investment data.
- Candidate must be able to work in both an entrepreneurial and team-oriented environment.
- Experience in Agile Development preferred with knowledge of technical tools such as SQL, Python, Jupyter Notebook,Tableau, snowflake etc. is 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 | 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, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.