Derivative Documentation, Associate
BlackRock
**About this role**
Are you a documentation specialist looking for an exciting, challenging opportunity within the world’s largest asset manager? Do you enjoy working in an interactive, highvolume environment that brings together legal, operational and financial expertise? Are you energised by building strong relationships with partners both internally and externally?
If so, BlackRock is seeking an Associate to join the Trading Documentation Services team within Global Investment Operations. We value the diverse skills, curiosity, and passion you bring, and we’re committed to giving you the space to grow—both professionally and personally.
The Trading Documentation Services team manages the on-boarding of BlackRock funds and Client mandates to master trading agreements with approved trading counterparties, such as large investment banks, in order to enable trading and capturing certain data points in various systems to support post-trade operations.
The group maintains key on-boarding functions in the global operating model for all forms of derivatives, including bi-lateral and cleared over-the-counter (“OTC”), exchange traded futures and options, as well as other activities under master trading agreements. The team plays an integral role within the organization interacting with multiple internal partners, including portfolio managers and trading desks and also has extensive dealings with external parties, predominately their Legal, Credit and On-Boarding teams.
In addition to the daily responsibilities, you will participate in firm-wide initiatives and projects as well as contributing to the department's global operating model with constant and consistent focus on mitigating risks, providing strong oversight and control to our operational processes, while looking to make continuous improvements.
The Trading Documentation Services team’s philosophy is under-pinned by BlackRock’s cornerstone principles: Innovation, Fiduciary focus, Passion for Performance and the unified purpose of One BlackRock. Through these Principles, we strive to build value for our Clients by understanding their needs, the markets and using technology to build outstanding solutions.
**Key Responsibilities**
+ Build andmaintainclose relationships and partnerships with BlackRock colleagues as well as with external service providers,partnersand counterparties.
+ Oversee and manage internal and external service provider relationships – ensure successful delivery of contracted services, proactively address and resolve issues.
+ Liaise with external counterpartie
+ s to set up,maintainor terminate trading relationships.Be responsible forupdating legal agreements as part of theon-boardingof new accounts to master agreements, such as clearing agreements, ISDAs, GMRAs, etc.
+ Monitor and review variousthird partydocumentationand tradingplatforms.
+ Be accountable for inputting legal andoperationalstatic data into various systems to support trading and collateral processes.
+ Contribute to overseeing strategic architecture and design on platform enhancements to operational processes.
+ When required, be the representative for external parties including clients,auditorsand consultants.
+ Learn to adhere to stringent operational risk management targets (Key Risk Indicators / Key Process Indicators)
+ Help build a culture of openness,inclusionand proactive engagement at all levels, developing a “bottom up” approach to problem solving that favors creative, data driven, “outside of the box” solutions.
**Who We Are Looking For**
+ A self-starter who enjoysoperatingin a fast-paced, high-intensity environment, whois capable of workingas part of a distributed team.
+ An excellent verbal and oral communicator, capable of articulating complex problems in a simplistic manner. Must be fluent in English.
+ Someone witha high levelof attention to detail with an ability toproject-manageand multitask.
+ A candidate who has the desire to offera high levelof customer satisfaction.
+ Someone whopossessesan entrepreneurial drive and technical insight toidentifycontrol gaps and drive operational improvement initiatives.
+ An individual who is highly organized, focused with practiced skills inoperatingeffectively to tight deadlines withina high riskandhigh volumeenvironment.
+ 3+ years of experience in a similar field is an advantage.
+ Background in finance and/or contract management is desired but not crucial.
**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 (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, race, religion, sex, sexual orientation and other protected characteristics at law.
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