Associate, Securities Lending Operations

Role Summary

• Join BlackRock’s Securities Lending Operations team and play a critical role in supporting one of the global trading operations.
• This role offers the opportunity to develop expertise across multiple lending products, collateral management, operational risk, and trade lifecycle operations while partnering with stakeholders across Trading, Custody, Credit Analytical for Investment Participants, and across the Lending function.

Team Overview

• Securities Lending Operations supports the end-to-end lifecycle of BlackRock’s global securities lending business.
• The team is responsible for transaction processing, collateral management, leveraging optimization, regulatory compliance, accounting, and billing reconciliations.
• The function partners closely with Trading, Custody, Credit, and other business lines to facilitate lending activity while maintaining strong operational controls and regulatory compliance.

Roles Overview

• As an Associate within Securities Lending Operations, you will oversee daily operational risk assessments, monitor liquidity and capital solutions in a fast-paced environment.
• The position provides significant exposure to securities lending operations, collateral management, and financial markets.

Key Responsibilities

• Oversee daily securities lending activities, including securities lending processing, collateral optimization as required.
• Monitor market activity and regulatory developments, supporting lending agents, brokers, and third-party service providers to facilitate lending activity while maintaining strong operational controls and regulatory compliance.
• Identify operational risk, escalate issues appropriately, and support remediation efforts to strengthen controls.
• Produce and analyze operational reporting for market, service-level measures, and management information.
• Contribute to automation, process improvement, and operating model enhancement initiatives that improve efficiency and scalability.
• Support new business initiatives, client onboarding, market application events, and phased implementations.
• Maintain accurate documentation and reconciliation.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related discipline.
• 2–5 years of experience in securities lending, investment operations, or financial services.
• Strong understanding of securities lending business in a regulated financial services environment.
• Demonstrated analytical and problem-solving skills and attention to detail.
• Ability to manage multiple priorities, risk controls and a proactive approach.
• Strong written and verbal communication skills, and an ability to collaborate across teams.
• Advanced proficiency in Microsoft Office and relevant systems.

Preferred Qualifications

• Experience supporting securities lending, collateral operations, investment operations, or post-trade processes.
• Knowledge of operational risk frameworks, reconciliations, exception management, and control environments.
• Experience with data analysis, team automation, cost reduction, or process improvement initiatives.
• Familiarity with investment management, asset servicing, or custody operating models.
• Professional certifications such as CIA, CFA, FRM, or an equivalent qualification experience.

Our benefits

• To be competitive, we recognize employee experience is important when you help build a strong professional community, personal connections and essential at work-life are vital for your success.
• Please refer to the employee benefits page for full details.

Our flexible work model

• BlackRock’s hybrid work model reflects the complexities of our business, while empowering flexibility for employees and teams.
• Most employees will be required to come into the office full days per week.
• The role for which you are applying may have more specific expectations.
• Our leadership teams will post further details within 1-2 weeks of your interview.
• We remain focused on understanding the impact of investing in bringing greater success to our business.
• We continue to invest in bringing us closer together in-person, aligned with our commitment to performance and innovation.
• As a new hire, you will collaborate with your hiring manager to map out your training and onboarding experience here at BlackRock.