Reconciliations/Investigations, Tech & Ops, Vice President
BlackRock
Mumbai, IndiaPosted 1 month ago
Skill Required
automationanalyticsbuildingwrittendesignandFulltime
Key highlights
- Vice President senior leadership position overseeing Asset Reconciliations
- 10+ years of investment/fund accounting/reconciliation experience required (preferred)
- Hybrid work model: 4 days in office, 1 day remote
- Comprehensive benefits including retirement plan, tuition reimbursement, healthcare, support for working parents and Flexible Time Off
- Responsible for end‑to‑end operating model and risk/control framework for reconciliation
- Preference for knowledge of equity, fixed income, derivatives and regulatory accounting (US GAAP, IFRS)
Role overview
The Outsourced Platform Services Asset Reconciliations team delivers a robust reconciliation operating model that safeguards the integrity of BlackRock’s investment data across critical processes such as investment management, analytics, compliance, and regulatory reporting. The Vice President role leads end‑to‑end reconciliation of positions, cash and related activity across equities, fixed income, derivatives, collateral and cash, partnering with internal teams, custodians, external service providers and clients to ensure timely exception resolution and a strong control environment. Reporting as a senior leader, the VP is accountable for operational excellence, risk and governance frameworks, strategic transformation initiatives, and building a high‑performing team that can scale and remain resilient as the business grows.
Responsibilities
- Lead the end-to-end operating model for OPS Asset Reconciliations, ensuring accurate, timely, and controlled reconciliation of positions, cash, and related activity across portfolios, platforms, and counterparties.
- Own the risk and control framework for the function, including escalation management, exception governance, root cause analysis, remediation oversight, and continuous strengthening of the control environment.
- Drive strategic initiatives to improve scalability, automation, data quality, and operational resilience, reducing manual dependency and enhancing service delivery across a growing and complex business.
- Partner with internal stakeholders, external administrators, custodians, and service providers to resolve complex issues, influence outcomes, and ensure alignment on priorities, controls, and client commitments.
- Provide leadership in governance forums by communicating material risks, service issues, performance trends, and key decisions clearly and promptly to senior management and relevant partners.
- Oversee delivery against service level expectations and business priorities, ensuring issues are identified early, appropriately prioritized, and resolved in a timely and sustainable manner.
- Lead organizational development for the team through coaching, performance management, succession planning, and talent development, building strong leadership depth and a high-performance culture.
- Assess capacity, operating model design, and resource allocation to ensure the function is positioned to support business growth, platform change, and evolving client and regulatory demands.
- Champion process standardization, documentation quality, and best practices across the team to improve consistency, transparency, audit readiness, and knowledge transfer.
- Use data, trend analysis, and operational metrics to identify emerging risks, inform decisions, and drive measurable improvements in accuracy, efficiency, and client experience.
Requirements
- The ability to prioritize and balance multiple requests without losing sight of our overall objectives
- Strong decision‑making skills to make well‑thought‑out decisions based on the information provided and to obtain further assistance/clarification when vital
- Ability to multi‑task and perform in a high performance, high demand environment
- Initiative to follow up on issues – identify what needs to be done and act
- Ability to multi‑task, balance multiple priorities and meet deadlines in a fast‑paced and evolving team
- Organized and detail oriented with strong time management skills
- Ability to work in a multifaceted and team oriented environment and quickly adapt to a constantly evolving business
- Contributor to the leadership team ensuring appropriate staffing model, depth charts and succession plans are assessed across the location
- Social skills to effectively articulate solutions to internal and external partners
- Capability to assist in creating a team vision, planning and executing steps to ensure a consistently robust team
- Thrive in a team environment and build strong relationships with colleagues and external contacts such as custodians, counterparties and other third‑party providers
- Strong knowledge of equity and fixed income securities and derivative products
- Proficiency in Microsoft Office and aptitude for learning new applications
Nice to have
- Understanding upstream processes is impactful to reconciliation and develop ability to correlate the effect of change
- Flexible and open to accepting new challenges; able to work effectively and efficiently on multiple projects at a time in a dynamic, demanding and constantly evolving environment while maintaining the highest standard and attention to detail
- 10+ years of investment / fund accounting / Reconciliation work experience or equivalent, including review experience for at least a portion of that time
- Strong leadership and management skills and ability to collaborate across many teams
- Dynamic individual with very strong communication skills, both written (presentations/policies/process documents) and verbal
- Positive attitude with very strong problem‑solving skills
- Great multi‑tasking skills, great project management skills and deadline focused
- Knowledge of technical and regulatory issues affecting the alternatives investment fund industry, including knowledge of investment company accounting/reporting, US GAAP and IFRS (Infrastructure/Private Equity/Valuation experience a plus)
- Standout colleague with excellent interpersonal skills including ability to collaborate with a broad network of colleagues to help resolve issues
- Excellent verbal and written communication skills – ability to interact and clearly communicate complex concepts to a wide variety of partners
Benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
- Hybrid work model: employees are 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 office time)
Additional details
- Guidance on AI use for candidates: BlackRock encourages thoughtful AI use for learning and preparation but interview process focuses on candidates’ own experiences, thinking, and judgment, with provided guidance on when and how to use AI.
- About BlackRock: mission to help more people experience financial well‑being; clients saving for retirement, education, homes, businesses; investments strengthen global economy, support businesses, finance infrastructure, facilitate innovation.
- BlackRock’s commitment to creating an environment where colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
- Invitation to learn more at Careers.BlackRock.com and follow on LinkedIn, Instagram, YouTube, X, TikTok.
- BlackRock is an Equal Opportunity Employer, evaluating qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes.