Institutional Administration NAV Analyst
Location: Edinburgh Scotland
Description: BlackRock is employing Institutional Administration NAV Analyst right now, this position will be placed in Scotland. Further informations about this position opportunity kindly see the descriptions. -
121956
Description
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Position Description:
BlackRock is looking for an Analyst to join the NAV & Performance Team in the Portfolio Services Group in the Edinburgh office. The team is responsible for NAV/Performance calculation for a large number of institutional separate accounts. This includes analysis/comparison with third parties such as custodian banks and accounting agents. Furthermore, the team works closely with the Cash Reconciliation Group to ensure minimal risk in NAV/Performance calculation caused by cash reconciliation exceptions.
- Conduct calculation and analysis of portfolio, net asset value (NAV) and performance;
- Liaise with internal parties such as Portfolio Managers, Account Managers, Operations and Technology;
- Assist in conducting and implementing procedures and controls to ensure GIPS and SAS-70 Audit requirements;
- Active participation in departmental/group projects such as automation and process streamlining.
- Conducted portfolio evaluations, performance calculation and analysis; calculation of NAV using APS2 and proprietary Aladdin Alpha (in-house) accounting system for institutional separate accounts;
- Work closely with all departments of BlackRock to ensure accuracy of performance/ NAV calculation;
- Support Portfolio Management Group (PMG) and Global Client Group (GCG) regarding investment performance related issues;
- Liaise with Cash Reconciliation Team to resolve open cash reconciliation items;
- Maintain client relationships effectively by supporting GCG in servicing clients;
- Prepare and provide extensive reconciliation with custodian banks and accounting agents to prevent/resolve performance/NAV discrepancies;
- Prepare and review holdings reconciliation using Aladdin Holdings Reconciliation Tool (HRT) to reconcile positions, prices, market value and accruals;
- Maintain BlackRock’s relationship with third parties such as custodian banks, accounting agents, consultants and auditors;
- Coordinate with other departments in BlackRock such as Operations, GCG, PMG, Finance, and other business areas on various issues that arise during the course of business;
- Coordinate and conduct special projects aside from routine job functions for the whole Administration Group when needed;
- Assist in re-engineering BlackRock’s operating environment that includes developing specifications for transaction processing, streamlining existing processes, and participating in various automation projects to enhance productivity and controls;
- Participate in the hiring and training process of newly hired professionals and interns in the Administration Group;
- Prepare, review and provide ad-hoc reports to clients or custodian/accounting agents as necessary;
- Participate in testing and implementation of Straight-Through-Processing research and reconciliation tools
Skills and Qualifications:
- Candidate will ideally possess a minimum least two to three years experience in performance, fund accounting and/or operations;
- A degree is preferred;
- A strong working knowledge of fixed income securities including MBS, futures, options and swaps is required;
- Works well in a team environment;
- Computer proficiency in Excel, Word and Bloomberg required;
- An entrepreneurial spirit that is willing to take on additional responsibility quickly;
- Enjoys working in a fast-paced, high-intensity environment;
- Excellent analytical and communication skills to enable clear articulation of financial analyses and issues.
BlackRock is one of the world’s preeminent 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 â€" 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 individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Job Function
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Operations
Primary Location
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EMEA-United Kingdom-Edinburgh
Organization
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Bus Ops-APSG
Job Posting
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Jul 23, 2012, 11:13:46 AM
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If you were eligible to this position, please email us your resume, with salary requirements and a resume to BlackRock.
If you interested on this position just click on the Apply button, you will be redirected to the official website
This position starts available on: Mon, 23 Jul 2012 22:10:35 GMT