Vice President, Asset Operations - Delaware

Asset Operations professionals are critical to BlackRock's investment process, ensuring the accuracy of position data for asset management, analytics, compliance, and regulatory processes. The Vice President role involves actively overseeing risk and exposure by verifying investment records against external prime record holders daily. This senior team member manages asset reconciliations, handles exception management, resolves problems, and drives process improvements. They also lead and develop staff, contribute to global planning, and mitigate operational risks, working closely with regional teams and technology partners.

Must Have

• Oversee risk and exposure by verifying investment book of record matches external prime record holders daily.
• Manage asset reconciliations and exception management processes.
• Identify and address discrepancies promptly.
• Investigate and resolve underlying causes of problems.
• Advise the regional team and comprehend all reconciliation procedures.
• Work closely with EMEA and APAC regions and technology support.
• Perform all aspects of people management (coaching, developing staff, goal-setting, reviews).
• Contribute to Global Asset Reconciliation and Business Operations planning.
• Ensure appropriate staffing model, depth charts, and succession plans.
• Review position exceptions daily, ensuring appropriate raising and resolution.
• Identify, lead, and mitigate operational risks.
• Understand and adhere to all regulatory requirements.
• Lead and empower team towards process enhancements and strategic operational improvements.
• Accurately record metrics for productivity and efficiency.
• Understand upstream processes impactful to reconciliation.
• Build and maintain strong interactions with key internal & external partners.
• Embrace BlackRock Principles.
• At least 7 years of financial services experience.
• Minimum of 5 years of supervisory experience.
• Proficiency in Microsoft Office products (Excel).
• Strong analytical and problem-solving skills.
• Organized approach with diligent follow-up.
• Excellent communication skills.
• Ability to multi-task.
• Demonstration of strategic & tactical delivery.
• Exceptional decision-making skills.
• Ability to work in a fast-paced, deadline-driven environment.
• Strong initiative.

Good to Have

• Solid understanding of Corporate Actions and Cash Reconciliation.
• Data Analytics abilities including coding (VBA, SQL, PYTHON).
• Understanding of data science methods & implementation.
• Experience in custody reconciliation.

Perks & Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)

About this role

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 Q3 2025, the firm managed approximately $13.5 trillion in assets on behalf of investors worldwide!

Team Overview & Job Purpose:

Asset Operations includes dedicated professionals critical to the investment process. They ensure the accuracy of BlackRock position data used in asset management, analytics, compliance, and regulatory processes. Position types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and synthetics) and collateral. The team delivers information services and solutions to support all BlackRock and BlackRock Solutions businesses.

The duties involve actively overseeing risk and exposure for BlackRock by verifying that the investment book of record matches external prime record holders every day. This position requires knowledge of the reconciliation mechanics, managing exceptions, resolving problems, encouraging improvements in execution, analyzing data, keeping documentation updated, supporting management in process leadership, and suggesting ways to improve efficiency and accuracy.

The Vice President is a senior team member accountable for managing risk within the firm by supervising asset reconciliations along with exception management processes. We attest that BlackRock data matches custodians, prime brokers, and other primary record holders daily. You will advise the regional team, comprehend all reconciliation procedures, guarantee discrepancies are identified and addressed promptly, investigate and resolve underlying causes of problems. You will work closely with colleagues in the EMEA and APAC regions and partner with technology support to integrate improvements and suggest or lead operational changes and enhancements.

Key Responsibilities:

• All aspects of people management will be performed. This includes coaching and developing staff, leading and motivating them, and conducting goal-setting, 1-1s, mid-year, and year-end reviews.
• Contribute to the Global Asset Reconciliation and wider Business Operations planning
• Key contributor to the management team ensuring appropriate staffing model, depth charts and succession plans are assessed across the location
• Review of location initiatives and working with other members of the leadership team to define the criticality and priority
• Review position exceptions daily to ensure the team is appropriately raising and resolving. A solid understanding of Corporate Actions and Cash Reconciliation preferred.
• Identifying, leading and mitigating operational risks and raising risk and service issues on a timely basis
• Understanding and adherence to all regulatory requirements
• Lead and empower team towards finding opportunities for process enhancements and other strategic operational enhancements that facilitates operational processes or mitigates operational risk
• Accurately record metrics related to responsibilities to enable management to have a good view of team productivity and efficiency
• Embrace change and participating/ leading efficiency and capacity-building initiatives, including automation/ standardization efforts, cost/benefit analysis and computing the resulting project value
• Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change
• Build and maintain strong interactions with key internal & external partners including; leading & coordinating problem resolution
• Embracing the BlackRock Principles and role modeling these behaviors to other team members.

Experience:

• Candidate should have at least 7 years of financial services experience. They should understand Financial Markets well, preferably in Investment Management, Fund Accounting, or Global Custody. Experience in custody reconciliation is preferred.
• Minimum of 5 years of supervisory experience; in leading teams of professionals, staff development, coaching and performance assessments
• Proficiency in Microsoft Office products (with an emphasis on Excel) or other programming languages and an interest in learning new applications
• Strong, effective analytical and problem-solving skills
• Data Analytics abilities preferred inclusive of coding (VBA, SQL, PYTHON) and/or understanding of data science methods & implementation
• Organized approach with diligent follow-up on open issues and identify appropriate action to be take
• Excellent communication skills to efficiently articulate solutions to internal and external partners
• Ability to multi-task and balance requests without losing sight of overall objectives and timescales.
• Demonstration of strategic & tactical delivery in previous role(s) which enhanced the efficiency, risk management and control oversight of team
• Exceptional decision-making skills and ability to communicate effectively with senior management
• Collaborate and build strong relationships with colleagues and external contacts.
• Ability to work in a fast paced, rapid changing, deadline driven environment
• Strong initiative to follow up on outstanding issues – identify what needs to be done and take action and see through to resolution

For Wilmington, DE Only the salary range for this position is USD$117,500.00 - USD$173,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

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.