BlackRock Summer Internship – Fund Accounting

Job Description:

Our Portfolio Accounting Team handles NAV calculation and Performance measurement for a large number of institutional separate accounts and retail funds. This includes analysis/comparison with third parties, collaboration with the Pricing and Cash and Asset Groups to ensure minimal risk in portfolio accounting calculations caused by NAV-impacting exceptions.

Job Responsibilities:

• Involved in the training process of newly hired professionals and interns, as well as testing and implementation of the straight-thru-processing research and reconciliation tools;
• Conduct portfolio valuations, performance calculation and analysis for Institutional portfolios using Aladdin Accounting platform;
• Support Portfolio Management Group (PMG) and Institutional Client Business group (ICB) in resolving portfolio valuation and performance related queries;
• Coordinate the re-engineering of BlackRock’s operating environment and participate in various automation projects to enhance productivity and controls;
• Work with clients effectively by supporting Client Business in servicing client requirements on a regular basis or on special projects;
• Work closely with upstream teams such as Cash reconciliation, Trade operations, Data Integrity Groups and Portfolio managers to ensure accuracy of the jobs remit;
• Lead all aspects of the preparation and review of holdings/market value reconciliations using Aladdin Reconciliation Tool to reconcile positions, prices, market value and accruals;
• Prepare and provide extensive reconciliation with custodian banks and accounting agents to prevent/resolve NAV/Performance discrepancies;

Job Requirements:

• Good knowledge of Excel. SQL and VBA experience desirable but not necessary;
• Strong client service skills and a passion for delivering service excellence
• Proficient in the working knowledge of Equity and Fixed Income securities and derivative products;
• Highly proactive, willing to take ownership of issues and follow through to resolution
• Enjoys working in a fast-paced, high-intensity environment, with excellent analytical, written and oral communications skills.
• Works well in a team environment with an entrepreneurial spirit that is willing to build on additional responsibilities quickly;
• Proven experience in performance measurement, fund accounting and/or operations;

Job Details:

Company: BlackRock

Vacancy Type: Full Time

Job Location: Edinburgh, Scotland, United Kingdom

Application Deadline: N/A

Apply Here