BlackRock BDS Portfolio & Client Data Associate

  • Competitive
  • Wilmington, DE, USA
  • Permanent, Full time
  • BlackRock
  • 29 Sep 16

BlackRock BDS Portfolio & Client Data Associate

Technology & Operations

BlackRock is one of the world's pre-eminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance, to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Team Overview

The BDS Data team manages the onboarding of new clients/portfolios and support client change requests. The team supports internal BlackRock teams (GCG, BRS, Business Operations, and Corporate functions) across all regions. They are responsible for bringing structure, advice and control to the portfolio and client on boarding, amendments and terminations. BDS Data is the owner of the data and maintenance of ADAM, Delta, AIS and Spectra.

As an Associate within the BDS Data Team, you will support a growing area in a dynamic and challenging environment. You will be responsible for responding to requests submitted by internal teams to set up accounts and portfolios, as well as maintaining data integrity of the attributes of those accounts in various systems.

Role Responsibility

• Coordinate the take on and amendment of client change with all impacted stakeholders
• Ensure all new clients and BlackRock products are set-up with accurate standing data in order to enable downstream users to fulfill their investment management responsibilities
• Ensure client amendments, including account closures, are accurately implemented in systems and ensure that there is audit trail for each change
• Ensure client requirements reflected in the contract or other Legal documents are accurately reflected and maintained in the standing data systems
• Manage the process of operational set-up of all new BlackRock clients and funds. Including operational portfolios, test, and portfolios used for revenue and AUM in systems
• Implement amendments to existing client / fund mandates and the related portfolios
• Coordinate across the wide range of internal and external parties that need to be involved in taking on new clients or changing client mandates
• Maintain data integrity of all portfolio data, accuracy, exception monitoring
• Support management reporting


• 3+ years asset management experience, ideally in Blackrock or LBGI, with working knowledge of investment and servicing functions preferred
• Excellent attention to detail, extremely accurate and well organized
• Experience of operating and improving operational processes preferred
• Experience of the investment management business, highly desirable.
• Knowledge of Aladdin, interfaces, port groups, LBGI systems and processes a plus.
• Experience dealing with senior stakeholders
• Experience managing projects
• Strong control / risk mitigation mentality with ability to know when to escalate issues
• Strong client management skills and service philosophy
• Excellent communication (verbal and written) skills
• Ability to operate effectively to tight deadlines and to prioritize own work
• Ability to work under pressure
• Able to exercise sound judgment and appropriately document conclusions
• Capacity for independent thought, especially around process improvement
• Familiarity with SAP Business Objects Business Intelligence a plus
• Highly proficient with Microsoft Office Suite a plus
• Experience with CRM data and the gaps and dependencies between multiple systems a plus
• Able to meet deadlines, functioning effectively and efficiently and prioritizing multiple tasks simultaneously in a demanding environment while effectively managing expectations

Manager Comments


- Travel : No
- Direct Reports: No
- Licenses: No