Analyst/Associate Corporate

Job Purpose/Background

This role is based in our Wilmington office and will play a key role in event-related activity which is captured through the trade life cycle platform and communicated throughout the event life cycle to custodians and counterparties.

Key Responsibilities:

• Ensure all corporate action events are captured and validated through the creation of a gold copy announcement.
• Interact with Portfolios Management to ensure all necessary selections are received and processed.
• Ensure corporate action instructions are issued to and acknowledged by custodians and counterparties.
• Daily ensure that all global corporate actions are accurately processed in Aladdin system and reconciled with our custodians' records.
• Investigate reconciliation discrepancies daily, ensuring all issues are promptly resolved and cleared.
• Ensure the appropriate restriction status of entitlements is maintained in applications throughout the entire Corporate Actions lifecycle.
• Manage any queries received from various internal and external parties.
• Interact with other teams and the third parties/custodians to resolve issues.
• Raise all risk items and escalate timely as needed.

Requirements

Knowledge/Experience

• You should possess a minimum 0-2 years Corporate Action experience or experience working in an investment or brokerage.
• You should be able to demonstrate project work experience through prior projects or driving other process efficiencies.
• A good understanding of stock lending and settlement impacts on corporate action elections and allocations is a must.

Skills/Qualifications:

• Strong analytical skills with an ability to identify problems and develop solutions.
• Acute attention to detail and understanding of the impacts to downstream processes.
• Possess a good understanding of the risks inherent in the processing of corporate actions; and demonstrate good discipline around risk mitigation and escalation.

Competencies:

• Candidates should possess a high level of self-motivation and adaptability.
• Demonstrate an ability to work within a global team.
• Possess strong interpersonal skills and be able to influence constructively and effectively to timely deadlines.

Compensation and Benefits

• $15000 - $16000. Add discretionary bonus, and benefits package according to compensation philosophy and your total compensation may vary based on role, location, and team and individual performance.

Our Benefits

• A comprehensive global health and wellbeing program
• Health care 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.
• All employees are currently required to spend a minimum of 2 days a week in the office per week, with the flexibility to work from home 3 days a week.