External Provider Oversight Analyst

4 Months ago • 1-4 Years • Operations • Undisclosed

About the job

Job Description

BlackRock seeks an Analyst for its Global Provider Strategy team. Responsibilities include ensuring timely completion of governance program delivery, conducting reporting tasks, maintaining platforms for risk management, redesigning processes, and collaborating with team members. Must-have qualifications include a BS/BA degree in a quantitative field and strong analytical, communication, and relationship-building skills.
Must have:
  • BS/BA degree
  • Quantitative Field
  • Analytical Skills
  • Communication Skills
Good to have:
  • Risk Management
  • Data Analysis
  • Process Improvement
  • Team Collaboration
Perks:
  • Retirement Plan
  • Tuition Reimbursement

About the job

About This Role

Team Overview

Global Provider Strategy team is responsible for using BlackRock’s scale, industry knowledge, and risk management capabilities to build and expand partnerships with leading financial institutions, achieving the delivery of high-quality service to BlackRock on behalf of our firm’s clients at a cost effective and risk aware price point. To achieve each of these goals, GPS develops and implements a forward looking provider strategy designed to increase operational efficiency, provide risk and cost transparency, and provide flexibility as our business evolves. To balance our relationships, GPS executes a global provider governance model that combines quantitative and qualitative components, encompasses a consistent engagement program between BlackRock and our partners, mitigates third party, sourcing and operational risks, and sets parameters for the selection of new partners for BlackRock’s funds.

We are seeking a motivated individual to join our team as an Analyst in the Provider Risk & Performance team within Global Provider Strategy. We are dedicated to developing and implementing risk management strategies for key service providers, adapting our risk governance program to align with global regulatory changes and the diverse needs of stakeholders within BlackRock. The ideal candidate will engage in strategic projects alongside our internal operational partners to enhance our risk management frameworks, generate insightful reports and analyses, and promote service excellence among providers.

Responsibilities

  • Ensure timely completion of all responsibilities managed by GPS India, including governance program delivery across Tech & Ops, data analytics, reporting, risk management information compilation, and market/provider intelligence gathering.
  • Conduct reporting tasks such as metrics reporting, data updates, drafting reports, and dashboard management.
  • Diligently maintain and support platforms for new and ongoing risk management and sourcing activities.
  • Lead and prioritize initiatives to redesign processes, aiming to increase efficiency and expand our programs within the technology and operations landscape.
  • Regularly assess systems, processes, and procedures for inefficiencies and propose enhancements.
  • Collaborate with the GPS team on various ad-hoc projects and initiatives.
  • Cultivate strong relationships with key BlackRock groups and leaders to ensure a comprehensive understanding and adoption of governance programs.

Key Competencies Required For Success In This Role Include

  • BS/BA degree in accounting, finance, economics or a related quantitative field with an experience of 1-4 years.
  • Ability to identify, approach situations logically and craft creative solutions from a risk perspective.
  • Analytical ability to synthesize information and summarize issues. Attention to detail and ability to prioritize the most critical business issues.
  • Highly effective oral and written communication skills. Intellectual ability and interpersonal skills to establish credibility with senior managers and their teams.
  • Results driven, with a high degree of self-motivation.
  • Inventive, dedicated teammate, able to work with people of all levels.
  • Ability to organize and handle several tasks in a professional, fast-paced environment.
  • Strong cross team relationship-building skills, capable of telling a story to build consensus and adapting style of communication to audiences of different technical knowledge and backgrounds.

#EarlyCareers

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: www.linkedin.com/company/blackrock

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.
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About The Company

BlackRock is a global asset manager and technology provider. Our purpose is to help more and more people experience financial well-being. We help millions of people invest to build savings that serve them throughout their lives. We make investing easier and more affordable. We advance sustainable investing because our conviction is it delivers better outcomes for investors. We contribute to a more resilient economy that benefits more people.

Together with our clients, we’re contributing to a more equitable and resilient world – today and for generations to come. That’s why, we’re asking bigger questions – of ourselves, our industry, and the world at large. Questions that challenge convention and give rise to new thinking. Because the bigger questions we ask, the bigger actions we can take.  
 
Follow us for global insights shaping the economy, innovative thinking around the path to net zero and more information on culture and careers at BlackRock.

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Gurugram, Haryana, India (Hybrid)

Mumbai, Maharashtra, India (Hybrid)

Gurugram, Haryana, India (Hybrid)

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