Analyst, External Provider Oversight - Edinburgh, United Kingdom - Blackrock, Inc.

Description

Description

About this role

Global Provider Strategy – Provider Risk and Performance Edinburgh

Are you interested in a future in the financial services industry with a rewarding and dynamic opportunity with the world's largest asset manager? Do you pride yourself on being creative, learning quickly, building strong relationships and are you willing to working alongside business partners to bringing strategic solutions to fruition? Look no further BlackRock's Global Provider Strategy (GPS) team is pursuing an Analyst to join our team. We recognize that strength comes from diversity, and will embrace your skills, eagerness, and passion while giving you freedom to grow professionally and as an individual.

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions our clients need when planning for their most important goals.

BlackRock is one of the preeminent asset management firms and a best-in-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of investment solutions – from rigorous fundamental and quantitative active management approaches aimed at improving out-performance to highly efficient indexing strategies designed to gain broad market 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.

Our Team:

BlackRock's Global Provider Strategy ("GPS") team is responsible for using BlackRock's scale, industry knowledge, and risk management capabilities to build and expand partnerships with leading financial institutions, achieving the delivery of high-quality service to our firm's clients. To achieve each of these goals, GPS develops and implements a forward-looking provider strategy designed to increase operational efficiency, provide risk and cost visibility, and flexibility as our business evolves. To balance our relationships, GPS executes a global provider governance model that combines quantitative and qualitative components, encompasses a consistent engagement program between BlackRock and our partners, mitigates enterprise

and third party risks, and sets parameters for the selection of new partners.

BlackRock has strategic relationships with dozens of key Provider Banks integral to our business operations.

These institutions perform core fund accounting, custody, financial reporting and transfer agency services for BlackRock and our clients, critical to our daily operations. Our relationships with these Providers are long-term, are both strategically and operationally complex and are financially material to the firm's overall performance. We work with many of the most significant Service Providers in the post-trade asset servicing industry.

GPS drives strategic alignment between BlackRock and Post Trade Partners through dynamic relationship and risk management. GPS is responsible for BlackRock's post-trade relationship strategy with our custodians, fund administrators and transfer agents. We craft strategic optionality and assure the delivery of high-quality service at an attractive price.

The Role

We are looking for a career driven and standout colleague to join Global Provider Strategy within the Provider Risk & Performance team. This group's primary focus is the establishment and deployment of risk management strategies associated with key service providers. The group's risk governance program is constantly evolving to meet regulatory changes globally and the needs of stakeholder groups across BlackRock. You will work on strategic initiatives in close partnership with our internal business partners to promote our risk management programs, develop meaningful reporting and analysis and drive provider service excellence.

Responsibilities

• Partner with teams across BlackRock to help ensure that provider risks are understood and are consistent with BlackRock objectives and risk methodologies.
• Work closely with risk oversight partners and stakeholders across Technology & Operations to develop risk centric programs that protect our firm, funds, and clients.
• You actively address systemic risks, utilizing significant metrics and holding providers accountable for service excellence.
• Collaborate with the GPS relationship management team to drive RFP activity, along with critical metric and service level agreement preparation and review.
• Develop positive relationships with key BlackRock groups and leaders ensuring governance programs are fully understood and embraced.
• Construct documents and presentations to be used with regulators, fund boards, and BlackRock's risk constituents, presenting our program and associated findings.
• Participate in cross functional working groups in the set up and creation of new products with a focus on provider risk profile and capabilities.
• Lead and prioritize process re-designing initiatives to deliver greater scale and expand our programs across the technology and operations ecosystem.
• Develop key provider data and metrics that deliver significant insights and drive data driven decisions.
• Familiarity and comfort with basic programming.
• You use data effectively to help build risk and relationship dashboards & support a technology vision for team.
• You stay ahead of industry developments and ensure BlackRock is well positioned to use the scale of our business model.

Key competencies required for success in this role include:

• BSc/BA degree.
• Prior experience in financial services, investment industry, consulting or risk management is preferred. You have professional enthusiasm for the asset management industry and technical strategy development.
• Willingness to learn to identify and approach situations with a risk-based methodology and craft creative solutions.
• Analytical ability to synthesize information and summarize issues. Attention to detail and ability to prioritize the most critical business issues.
• Highly effective oral and written communication skills. Intellectual ability and interpersonal skills to establish credibility with senior managers and their teams.
• Results driven, with a high degree of self-motivation.
• Inventive, dedicated teammate, able to work with people of all levels.
• Ability to organize and handle several tasks in a professional, fast-paced environment.
• Strong cross team relationship-building skills, capable of adapting style of communication to audiences of different technical knowledge and backgrounds

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:

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.