Associate, Aum and Revenue Analytics

Description

About this role

Overview:
The AUM & Revenue Analytics team is responsible for the external and internal reporting of BlackRock’s AUM (Assets under Management), Net New Business (NNB), Net New Base Fee (NNBF), Revenue, and related analytics. On a weekly basis the team calculates AUM, NNB, NNBF and enriches it with pipeline, revenue, client, and market commentary, and provides informative and insightful reports to senior management.

The team is also actively involved in firm wide Revenue forecasting and budgeting, and production of ARMR/Actuals which is a key source of information for internal Management reporting purposes.

The team produces information that helps articulate BlackRock’s vision and message to investors, clients, and press, as well as providing quantitative and qualitative support for senior management decisions.

The AUM and Revenue Analytics team is committed to performance excellence, the continuous optimization of its operating and production model and the rapid advancement of its strategic and tactical initiatives.

Job Summary

The ARA team is looking for an individual to directly contribute to the multi-year Finance strategic initiative focused on NNBF (New New Base fee) which includes build out of team, centralizing the processes, implement innovative tactical initiatives and contribute in transformation initiative.
- Support and own the weekly and monthly production processes of NNBF
- Research, document and improve NNBF reporting including execution to governance standards
- Identify ways to improve the Net New Base Fees reporting processes
- Improve communication with our clients and partners, better understand their needs, and help deliver an improved product
- Display intellectual curiosity, drive for excellence and lead transformation and automation projects with the use of Aladdin and finance systems
- Support and lead tactical and strategic initiatives, including data migrations and systems/data integrations

**Responsibilities**:

- Research and document NNBF reporting processes and articulate findings to team members to create efficient end to end reporting processes
- Understand the E2E NNBF process and policy, and ensure adherence to it
- Develop strong working relationships with our clients & partners in other business areas (Operations, Investments, Client Businesses, and Finance) to build foundational knowledge base for the team
- Support the weekly and monthly production with output accuracy including execution per the governance framework
- Become a contributor to the development of appropriate metrics and control framework to better manage and report AUM, Flows, Revenue and NNBF
- Support the on-boarding and reporting process for complex assignments. Partner, influence, and direct colleagues in other business areas (e.g., On-boarding, BDS, Client businesses, Investments, Billing, etc.) to achieve enhanced reporting accuracy
- Provide oversight and guidance on integrations and migrations of internal and external data and systems
- Challenge existing processes and policies, find opportunities for improvement, and see them through to implementation
- Build models from scratch for various businesses to support the NNBF reporting. Achieve SME on specific business and utilize the expertise to support other business. And provide mentorship and oversight to Junior talent

Skills / Experience:

- Understanding and/or experience of 5+years in Finance, Accounting, Financial Reporting, Operations and Data mining
- Analytical, innovative, and organized with excellent attention to detail and commitment to excellence
- Ability to work through challenging deadlines
- Strong team player with excellent interpersonal skills
- Self-driven, enthusiastic, and intellectually curious
- Strong understanding of the investment processes across various product structures
- Excellent verbal and written communication capabilities - ability to interact with all levels
- Strong prioritization and influencing skills and ability to handle differing requirements from multiple ‘clients’
- Ability and/or experience in developing strong partnerships with other business areas locally and globally
- Proficient with Microsoft Excel
- Experience with VBA is a plus and experience with TM1 or other multi-dimensional tools.

Our benefits

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.

Our hybrid work model

BlackRock’s current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work f