Vice President, Cash Recon
BlackRock · Posted Oct 27
Investment management, asset management, risk analytics, and wealth services
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About the role
The Outsourced Platform Services Cash Reconciliations team delivers a reconciliation operating model that safeguards the integrity of BlackRock's investment data across investment management, analytics, compliance, and regulatory reporting, covering equities, fixed income, derivatives, collateral, and related cash activity. The team works closely with internal teams, external service providers, custodians, and clients to resolve exceptions and maintain a strong control environment. This Vice President role is a senior leadership position responsible for driving operational excellence, strengthening risk and governance frameworks, leading strategic transformation initiatives, and developing a high-performing team.
What you will do
- Lead the end-to-end operating model for OPS Cash Reconciliations, ensuring accurate, timely, and controlled reconciliation of positions, cash, and related activity across portfolios, platforms, and counterparties.
- Own the risk and control framework for the function, including escalation management, exception governance, root cause analysis, remediation oversight, and continuous strengthening of the control environment.
- Drive strategic initiatives to improve scalability, automation, data quality, and operational resilience, reducing manual dependency and enhancing service delivery across a growing and complex business.
- Partner with internal stakeholders, external administrators, custodians, and service providers to resolve complex issues, influence outcomes, and ensure alignment on priorities, controls, and client commitments.
- Provide leadership in governance forums by communicating material risks, service issues, performance trends, and key decisions clearly and promptly to senior management and relevant partners.
- Oversee delivery against service level expectations and business priorities, ensuring issues are identified early, appropriately prioritized, and resolved in a timely and sustainable manner.
- Lead organizational development for the team through coaching, performance management, succession planning, and talent development, building strong leadership depth and a high-performance culture.
- Assess capacity, operating model design, and resource allocation to ensure the function is positioned to support business growth, platform change, and evolving client and regulatory demands.
- Champion process standardization, documentation quality, and best practices across the team to improve consistency, transparency, audit readiness, and knowledge transfer.
- Use data, trend analysis, and operational metrics to identify emerging risks, inform decisions, and drive measurable improvements in accuracy, efficiency, and client experience.
Skills used in this role
What the employer is looking for
- The ability to prioritize and balance multiple requests without losing sight of our overall objectives
- You possess strong decision-making skills to make well-thought-out decisions based on the information provided and to obtain further assistance/clarification when vital
- You can multi-task and perform in a high performance, high demand environment!
- You take the initiative to follow up on issues – identify what needs to be done and act
- Ability to multi-task, balance multiple priorities and meet deadlines in a fast-paced and evolving team
- You are organized and detail oriented with strong time management skills
- Ability to work in a multifaceted and team oriented environment and quickly adapt to a constantly evolving business
- Contributor to the leadership team ensuring appropriate staffing model, depth charts and succession plans are assessed across the location
- Do you have the social skills to effectively articulate solutions to internal and external partners?
- Capability to assist in creating a team vision, planning and executing steps to ensure a consistently robust team
- Thrive in a team environment and build strong relationships with colleagues and external contacts such as custodians, counterparties and other third-party providers
- You have strong knowledge of equity and fixed income securities and derivative products
- You are proficient in Microsoft Office and have an aptitude for learning new applications!
Preferred qualifications
- Understanding upstream processes is impactful to reconciliation and develop ability to correlate the effect of change
- Flexible and open to accepting new challenges; able to work effectively and efficiently on multiple projects at a time in a dynamic, demanding and constantly evolving environment while maintaining the highest standard and attention to detail
- 10+ years of investment / fund accounting / Reconciliation work experience or equivalent, including review experience for at least a portion of that time.
- Strong leadership and management skills and ability to collaborate across many teams.
- Dynamic individual with very strong communication skills, both written (presentations/policies/process documents) and verbal.
- Positive attitude with very strong problem-solving skills.
- Great multi-tasking skills, great project management skills and deadline focused.
- Knowledge of technical and regulatory issues affecting the alternatives investment fund industry, including knowledge of investment company accounting/reporting, US GAAP and IFRS. (Infrastructure/Private Equity/Valuation experience a plus.)
- Standout colleague with excellent interpersonal skills including ability to collaborate with a broad network of colleagues to help resolve issues.
- Excellent verbal and written communication skills – ability to interact and clearly communicate complex concepts to a wide variety of partners
Benefits and support
- strong retirement plan
- tuition reimbursement
- comprehensive healthcare
- support for working parents
- Flexible Time Off (FTO)
About BlackRock
BlackRock, Inc. is an American multinational investment management corporation and the world's largest asset manager. The firm provides institutional and individual clients with a broad range of investment, advisory, and risk management products, including its proprietary Aladdin financial technology platform. Headquartered in New York City, BlackRock manages trillions in assets across global equity, fixed income, alternative investments, and iShares exchange-traded funds (ETFs).
- Industry
- Investment Management
- Company size
- 24900 employees
- Founded
- 1988-03-09
- Location
- New York, New York, USA
- Funding stage
- Public Company
Leadership
Chairman and Chief Executive Officer
President and Director
Chief Financial Officer and Global Head of Corporate Strategy
Chief Operating Officer
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