About this role
Want to elevate your career by being a part of the world's largest asset manager? Do you thrive in an environment that fosters positive relationships and recognizes stellar service? Look no further. BlackRock is currently seeking a Corporate Action Analyst to become part of our team. We recognize that strength comes from diversity, and will embrace your rare skills, eagerness, and passion while giving you the opportunity to grow professionally and as an individual.
We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. We have an outstanding 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. Come join our team and experience what it feels like to be part of an organization that makes a difference.
About this roleOur Global Corporate Actions team has primary operating centers in Edinburgh, Delaware, Gurgaon and Singapore. We strive to offer outstanding Corporate Actions service with controls to mitigate risk. We operate as a single, global entity built around a robust “pass-the-book” philosophy. This allows the effective and controlled transition of workload across our primary locations and enables us to have a good night’s rest!
As an Analyst, you will provide a quality Corporate Action service in accordance with our standard operating procedures to reduce risk to our clients and the firm. This role covers a variety of responsibilities where the team oversees all facets of Corporate action events throughout the event lifecycle. You will serve as a liaison with BlackRock’s Global Custodian network and work on BlackRock’s proprietary operating platform, Aladdin, where there are multiple of applications including the Corporate Actions Manager (CAM).
Responsibilities:- Ensure mandatory corporate action and dividend events across markets and asset types (equities, fixed income, derivatives) are captured, validated, and updated in Aladdin.
- Process all mandatory and voluntary corporate actions (stock splits, dividends, spin-offs, mergers, tenders, consents) in Aladdin application.
- Accurately interpret corporate action information from vendors and record it in the corporate actions system.
- Ensure accurate processing of corporate action entitlements through quality control checks and market valuation impact analysis.
- Process client elections/instructions for voluntary corporate actions accurately and within deadlines.
- Understand linkages between different Aladdin applications and perform entitlement reconciliation and resolve stock and cash exceptions.
- Identify, assess, and implement controls to minimize operational risk inherent in corporate actions processing.
- Escalate material risk items and service issues to senior management promptly.
- Manage queries from internal and external stakeholders effectively.
- Support global “Pass The Book” strategy and collaborate with global colleagues to drive process consistency.
- Work closely with business partners, including other Investment Operations teams, to ensure efficient workflows and adopt a ‘One BlackRock’ approach.
- Participate in local, regional, and global projects, including UAT and system testing.
- Collaborate with design teams to ensure requirements are understood and delivered as per specifications.
- Support technology teams during build and unit testing phases.
- Stay informed about market and industry developments and assess their impact on corporate actions processes.
- Masters degree in related field (Masters in Finance)
- 7 to 10 years of experience in a Corporate Actions or an Investment Operations / Global Custody role
- Strong analytical and problem-solving skills.
- Strong risk mitigation attitude: ability to apply judgement as to when to raise issues.
- Excellent communication skills (written and verbal) to work directly with clients and across all levels of staff and management.
- Ability to work effectively in a dynamic environment.
- Focus on continuous improvement and process innovation.
- Data Analytics skills preferred; coding knowledge (VBA, SQL, PYTHON, Power BI, ATX) will be a plus.
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, disability, veteran status, and other statuses protected by law.
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.
