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Analyst, Cash and Asset Reconciliation – DEL

Logo of BlackRock


1mo ago

🚀 Off-cycle Internship


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Off-cycle Internship

Banking & FinanceWilmington


  • The Investment Accounting Reconciliation Team is a dedicated group of professionals who ensure that all BlackRock cash & position data are accurate for critical processes including investment management, analytics, compliance, and regulatory. Cash & Position types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral. We provide information services and solutions in supporting this business. The roles and responsibilities will include actively handling risk and exposure for BlackRock by ensuring the investment book of record is reconciled with the custodian, manager, client and/or prime record holders daily. The role requires an understanding of the mechanics of the reconciliation process, exception management, troubleshooting issues, driving innovative enhancements, data analysis, maintaining documentation, assisting management in leading processes, and recommending improvements to ensure efficient and accurate processes.


  • A four-year degree is required in Finance, Accounting, Information Technology, or Economics
  • Understanding upstream processes impactful to the 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 complex, demanding and constantly evolving environment while maintaining the highest standard and attention to detail

Education requirements

Currently Studying

Area of Responsibilities

Banking & Finance


  • Completing day to day assigned tasks; including, control reports, cash and position break resolution, inbox and dashboard monitoring, client and portfolio data maintenance, and daily subscription/redemption activity.
  • We provide high quality client service externally and internally. Address inquiries, perform controls, resolve problems, and mitigate risks for clients and internal BlackRock partners.
  • Preparing, and/or reviewing reconciliations between BlackRock, Asset Manager, and Custodian Bank. Includes researching differences and resolving them in a timely and accurate manner
  • Performing ongoing maintenance of the existing accounts to reflect client or account level changes.
  • We work with external service providers, internal team members and other BlackRock groups to resolve issues, as identified.
  • Assisting in special projects and initiatives to improve the service offering.
  • Enjoy developing strong internal & external relationships, with a focus on partnership & client service.
  • Constantly evaluate process and procedures for inefficiencies and make recommendations for improvement. Act as a change-management agent to consistently improve the quality control environment and develop standard methodologies.
  • Raising all material risk items and service issues on a timely basis.
  • Coaching and mentoring of team members to encourage high individual performance and service standards.
  • Able to demonstrate ability to self-improve and develop. Understand the impact of cash on upstream and downstream partners.


Work type

Full time

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