About this role
About the role:
The user entitlement function is solely responsible for managing terminal access and data exchange within BlackRock, updating user permissions in the MDM system. This MDM information helps validate invoices and create declaration reports.
Our team primarily handles requests received from the business or HR departments to change employee market data access due to events like additions, departures, or transfers. Apart from this, there are other job responsibilities as well, which include preparing weekly vendor reconciliations, working on Data Notifications and collaborate with vendors to update user access in accordance with requests.
Responsibilities:
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- Responsibility includes setting up new deals/contracts, user per missioning, inventory updating, customer invoicing, monthly accounting close, vendor reconciliations, and supporting/leading ad hoc projects.
- Timely entry of data and making corrections as required.
- Review and update contracts and users against the internal inventory of index and market data services.
- Research and resolve discrepancies to ensure accurate and timely inventory updates.
- Actively follow up with vendors and internal colleagues to ensure timely issue resolution.
- Respond to inquiries related to inventory, contracts management, and reporting.
- Prepare user reconciliations to explain differences between the inventory of services and invoices.
- Assist in maintaining the accuracy of internal inventory of services in use and corresponding fees.
- Develop an understanding of factors that impact invoicing and utilize that knowledge to improve and streamline processes.
- Prepare index and market data usage reports for providers.
- Prepare financial reports and analytics for internal stakeholders.
Skills:
- 3-5 years of experience in inventory/contract management or user/vendor reconciliation is preferred.
- Demonstrated ability to optimize new operational processes and establish quality controls.
- Basic understanding of financial markets.
- Advanced proficiency in Excel and knowledge of Microsoft Access is preferred.
- Strong problem-solving and analytical skills.
- Excellent time-management abilities.
- Effective communicator (both orally and in writing) with a self-starter attitude capable of overcoming challenges.
- Highly organized and adaptable, displaying a sense of urgency, able to manage multiple priorities, meet deadlines, and maintain composure and integrity.
- Enjoys working in and contributing to an inclusive and diverse environment.
- Team player who enhances overall team performance and objectives.
Education: Degree in Business, Commerce or related field
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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.