Trade Clearance Associate - Delaware

Is your passion providing high-caliber service to clients while building and fostering positive relationships? Want to use your unique background to make an impact on the clients we service in a culture that flourishes on quality, innovation, collaboration and accountability? Are you looking to take your career to the next level? Look no further.

At BlackRock, we are pursuing a Trade Clearance/Settlement Associate who is curious, collaborative, analytical, and passionate. We recognize that strength comes from diversity, and we will embrace your rare skills, inquisitiveness, and passion while giving you the opportunity to grow professionally and as an individual. 

We know you want to feel valued every single day, and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success. With over USD $6 trillion of assets we have an extraordinary responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being. Come join our team and experience what it feels like to be part of an organization that makes a difference.  

Role Responsibility 

As a member of our settlements team you will be responsible for confirming, researching, and resolving all global failed trades with brokers and custodians across all products and sectors, handling claims processing and providing management reporting. You will facilitate the day to day management of dealer and custody relationships while fostering globally consistent fail reporting and processing and improving operational controls and reporting. You are expected to service internal and external constituents re-affirming expectations and delivering best-in-class client service while continually eliminating risk. Additional responsibilities include: 

• Collaborating with Trade Operations and Portfolio Management to resolve exceptions 

• Processing claims to banks and dealers based on information received through trade resolution 

• Partnering with BlackRock securities lending to ensure there is no exposure to loan encumbered positions. 

• Sustaining an awareness of industry changes and their relation to the settlements process 

To ensure success, you will have the following qualifications: 

• Bachelors Degree in Finance or similar concentration required 

• Understanding of financial markets and related instruments 

• Working knowledge and understanding of settlements and claims 

• Proven regulatory background and strong risk awareness 

• Engaging teammate with excellent attention to detail, problem solving/analytical abilities, research skills and willingness to learn. 

• Stellar communication skills 

• PC proficient with experience in Excel, Word, PowerPoint and various Investment Management and settlement platforms. 

Lastly, your professional experience (3 years) coupled with your strong operational background and the ability to multitask will provide continued success. Using your solid understanding of the settlement and claims process and your confirmed leadership abilities will get you noticed.