Cash and Events Reconciliations

About this role

Team Overview

The GIO Cash Operations Team is a dedicated group of professionals who ensure that all BlackRock cash and events data are accurate for critical processes including investment management, analytics, compliance, and regulatory reporting. We provide information services and solutions that support all BlackRock and BlackRock Solutions businesses. Our work directly impacts the integrity of the investment book of record and supports timely, accurate decision-making across the firm

Role Summary

As an Analyst in the Cash Reconciliation team, you will play a key role in managing operational risk and exposure by ensuring daily reconciliation of cash balances between internal systems and external providers. You will be responsible for exception management, data analysis, process documentation, and driving automation and efficiency initiatives. This role requires strong analytical skills, attention to detail, and the ability to collaborate across teams and geographies

Possess solid understanding of Trade life cycle. Comprehension of Cash management operations & OD tracking, differential treatments on Corporate actions as per market products of Fixed Income/Equity is important. Understand the role of external parties involved Custodian/Brokers/Market Data providers etc.

Key Responsibilities

• Perform daily cash and income reconciliations and troubleshoot discrepancies to ensure accuracy of published cash figures

• Investigate exceptions, assign ownership, and follow through to resolution, raising as needed based on risk and aging

• Coordinate with upstream and downstream teams to manage exceptions and lead resolution efforts

• Provide structured feedback to custodians and brokers, escalating service issues and tracking performance gaps

• Analyze Key Risk Indicators (KRIs), identify high-risk exceptions, and contribute to risk mitigation strategies through both quantitative and qualitative analysis

• Deliver consistent and concise management information (MI) reports, prepare agendas, and communicate metrics during collaborator engagements

• Participate in automation and standardization initiatives to reduce manual effort and improve match/post/coding rules

• Identify and raise operational risks with detailed documentation and collaborator engagement

• Ensure compliance with regulatory requirements and understand upstream impacts on reconciliation processes

• Evaluate systems and procedures, recommending improvements to enhance control and efficiency

Qualifications

• 1–4 years of experience in cash operations, reconciliation, or exception management.

• Strong understanding of financial instruments across asset classes (Fixed Income, Equity, etc.).

• Proficiency in data analytics tools such as SQL, VBA, Python, and familiarity with data science concepts.

• Excellent analytical, problem-solving, and decision-making skills.

• Strong communication skills with the ability to articulate complex issues to senior management and external partners.

• High attention to detail and accuracy in deliverables.

• Ability to work independently and collaboratively in a fast-paced, deadline-driven environment.

• Proficiency in Microsoft Office, especially Excel.

Core Competencies

• Focus on clients and business with a proactive approach.

• Ownership and accountability for outcomes.

• Ability to synthesize and present data clearly.

• Strong control and risk mitigation mentality.

• Relationship building and collaboration across global teams.

• Adaptability and responsiveness to changing environments.

• Commitment to continuous improvement and innovation.

• Discernment and understanding of organizational operations.

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 hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently 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 time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: 

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.