Data & AI ensures that all portfolio information (Core Enterprise Data) necessary for the investment management process is complete, accurate, timely and effectively controlled using the latest technology and tools. Data & AI provides information services and solutions in support of all BlackRock and BlackRock Solutions businesses.
The Pricing & Economy Group is responsible for the collection and validation of market prices for all assets and liabilities held in managed portfolios, as well as for the distribution of those prices to accounting agents and custodians, where appropriate. Responsibilities also include oversight of third-party accounting agents and custodian security pricing methodologies for proprietary commingled products, as well as daily verification of OTC derivative valuations. In addition, the team collects a wide range of market data including FX rates, interest rates, inflation levels, mortgage data and volatility data.
This role will assist in delivering on the vision for Data & AI, especially for quality control of evaluated bond pricing data. The candidate will be required to advocate the use of technology to craft innovative solutions to help achieve a world-class data quality process.
People Management and Leadership - Build and mentor staff, set goals and objectives, and assess performance; Build partnerships within the function and with partners
Defining and Driving Toward Target State Bond Pricing - Work in partnership with Data Ops Engineering and AI Labs teams to develop requirements, test and implement next generation bond pricing controls.
Daily Valuation Control - Respond to issues arising from the daily quality control process that require specialist assistance
Project Management - Maintain inventory of active projects and technology requests, and execute to meet agreed delivery dates
Vendor Management - Partner with bond pricing vendors to build and maintain a high quality, end-to-end bond pricing supply chain
Policy & Process - Develop and drive adherence to quality control procedures. Support the organization and oversight of Pricing governance bodies.
Ad-hoc Requests -Assist team with data requests, training and demos, business continuity efforts, valuation Committee minutes and other activities that ensure smooth running of the Global Pricing & Economy team
Extensive experience in financial services, especially in either producing or controlling evaluated bond pricing.
Direct knowledge of evaluation methodologies from vendors such as Bloomberg, ICE Data Services, Markit, JPM Pricing Direct and Refinitiv.
Proficiency with bond pricing tools such as those found on Aladdin, Bloomberg terminals, etc.
Sophisticated skills in Excel, plus data management tools such as SQL. Python experience is highly preferred.
People management and leadership experience
Aladdin experience is a plus.
Bachelor's degree in Finance, Economics or related field is preferred
Strong organizational, planning and time management skills including ability to function effectively within a fast-paced environment and ability to multitask
Proven track record in delivering on major projects with little oversight
Strong financial and quantitative abilities, including attention to detail and affinity for data analysis
Excellent communication and interpersonal skills, including ability to deliver presentations, coordinate across the firm, and work in a different location than other team members
Good judgment, integrity and discretion
Ability to function effectively under tight deadlines and constraints
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.
BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2020, the firm managed approximately $7.32 trillion in assets on behalf of investors worldwide.
For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | 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.