Reconciliation/Trade Support Associate
BlackRock 114 reviews - Princeton, NJ

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BlackRock's SMA Operations team is looking for an Associate candidate to support our Reconciliation/Trade Support in Princeton. The candidate will be responsible for supporting the SMA business by ensuring cash, transactions, and positions are reconciled daily and trades are communicated accurately to our 3rd party sponsor platforms. The Reconciliation team is responsible for ensuring the data in the SMA accounting systems is accurately maintained for trading, client reporting, billing performance and composite reporting. The Reconciliation/Trade Support Associate will be expected to build relationships across Operations, PMG & external vendors.

Role Responsibility

Gain a high understanding of the team’s processes, sponsor relationships, and vendor systems used to support SMA

Responsible for the engagement and setup for all new sponsor interfaces along with the corresponding workflow to support operationally

Identify & resolve individual account discrepancies accurately and efficiently, to ensure systems are ready for trading

Communicate Trade allocations to various sponsors, addressing any issues as they arise

Assist in enhancing processes to create scalability and accommodate growth across PI and USPC platforms

Participate in special projects as the need arises to accommodate new products and platforms

Work collaboratively with PMG, and Ops to resolve exceptions

Manage the monthly composite process out of APL

Trouble shoot performance related issues with PMG


BA/BS is required

Ability to work independently and demonstrate good judgment

Familiarity with Fiserv APL system is preferred

Computer proficiency in Excel

Ability to work effectively in a team environment

BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer—M/F/D/V.

BlackRock is one of the world’s preeminent 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.

Job Function



Primary Location


Americas-United States-Princeton



Tech & Ops-Bus Ops-Instl Client Ops

Job Posting


Feb 15, 2013, 12:51:14 PM

About this company
114 reviews
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At...