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R232196
Description
About this role
Job Description
Role: POG – VP
Location: Toronto
Overview
BlackRock is one of the world’s pre-eminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including industry-leading iShares® ETFs, mutual funds, pooled investment vehicles and separately managed accounts.
Team Overview
Americas (AMRS) Product Oversight and Governance (POG)
AMRS POG is a unit within Global Accounting & Product Services (GAAPS). Members of the AMRS POG team are responsible for the overall control environment of over 2,000+ funds with an AUM of US$ 5+ trillion.
POG members will connect across GAAPS and Business Operations to manage regulatory changes and lead product implementation within our fund ranges. AMRS POG works closely with several other internal teams to deliver quality and value to our shareholders including but not limited to teams responsible for accounting oversight, financial reporting, product development, client order management, transfer agency, portfolio management, trading, securities lending, capital markets, pricing, tax, and legal and compliance.
The Suite Of Funds Include
- US and CAD Index and active exchange traded funds
- CAD Institutional Pooled Funds
- US Collective Investment Trust Funds and Separate Accounts
- US Mutual Funds, open-end and closed end
Roles & Responsibilities
The Fund Services Team within POG has a key position available in Toronto for a motivated and talented member who is pro-active and flexible, can demonstrate initiative with a drive to succeed both as an individual and as a strong team player. The successful individual will be able to demonstrate a commitment to technical excellence, innovation, flexibility, and the ability to effectively manage multiple initiatives simultaneously and meet key deadlines. Excellent communications skills are also required to influence and develop strong collaborative working relationships with key internal and external stakeholders.
Responsibilities Of This Role Will Include
Product lifecycle management for launches, liquidations, mergers, and other structural changes. Management of periodic fund distributions, working closely with product development and tax teams. Partner with key internal stakeholders to improve the execution related to product development, portfolio management, trade operations, client order management, transfer agency and NAV oversight. Complete due diligence program on non-Canadian trade lifecycle functions, from portfolio management to reconciliation. Review and challenge policies and procedures to help evolve the operating model to best practice with a focus on automation and technology. Lead operating risk escalation and cross functional resolutions. Contribute towards and prepare presentations to BlackRock governance bodies (e.g., Independent Review Committees, Canada Management Board). Expense management for selected funds. Lead critical projects as they arise. Represent BLK in industry committees. Build partnerships with external ecosystem by interacting with custodians, fund accountants, auditors and stock exchanges. Be an integral part of a North American Team, as a fungible resource
Requirements
- 6 – 10+ years of fund administration experience.
- Strong knowledge in fund accounting, custody, investment process, security valuation, and fund expenses is necessary.
- Strong understanding of IFRS, securities regulation surrounding investment funds.
- Understanding of US GAAP, SEC regulations a plus.
- Familiarity with CAD tax and fund distribution requirements.
- Project management experience for regulatory and business change.
- Experience in external service provider oversight and control environment assessment.
- Solid prioritization skills and ability to handle contending priorities.
- Consistent record in implementing change management.
- Strong verbal and written communication capabilities with all levels
- Initiative, drive, and passion.
- Excellent attention to detail and passion for performance
- Undergraduate degree in business, accounting or finance.
- CPA, CFA a plus
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 3 days in the office each week, with the flexibility to work from home up to 2 days a week; some business groups may require more time in the office due to their roles and responsibilities. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. 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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
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, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
