Jobs · Delaware

Associate, Securities Lending Operations - Delaware

BlackRock · Wilmington, DE · 1 mo ago
$85k/yrFull-time

About This Role

Your Team BlackRock's Securities Lending Operations team supports the lending of securities on behalf of clients by ensuring trades, collateral, settlements, reconciliations, and related operational activities are processed accurately and efficiently. The team works closely with Trading, Technology, Risk, and client-facing partners to support a growing global business. By delivering operational excellence and maintaining a strong control environment, the team plays a critical role in supporting client outcomes and the continued growth of BlackRock's securities lending platform.

Your Role and Impact

We are seeking a Securities Lending Operations Analyst to support the day-to-day processing and oversight of securities lending transactions. This role provides exposure to global markets, portfolio operations, collateral management, and operational risk management while offering opportunities to collaborate with teams across BlackRock. The successful candidate will contribute to the accuracy, efficiency, and scalability of a critical business function that supports clients and investment teams around the world.

Your Responsibilities

  • Support the end-to-end securities lending trade lifecycle, including trade support, settlement, collateral management, reconciliations, and the timely resolution of operational exceptions.
  • Ensure securities loans are appropriately collateralized and margin requirements are maintained in accordance with established guidelines.
  • Manage loan returns, recalls, and inventory sufficiency activities to support efficient market operations.
  • Perform daily cash, securities, and collateral reconciliations and investigate exceptions or breaks with counterparties, custodians, and internal stakeholders.
  • Produce operational reporting and support audits, controls, and regulatory requirements.
  • Identify opportunities to enhance processes, strengthen controls, and improve operational efficiency.
  • Partner with global teams across Trading, Risk, Technology, and Operations to support business growth, strategic initiatives, and evolving client needs.

Your Experience

  • Bachelor's degree or equivalent professional experience.
  • Strong analytical, investigative, and problem-solving skills with the ability to assess and resolve operational issues.
  • Excellent attention to detail and organizational skills, with the ability to manage multiple priorities in a dynamic environment.
  • Strong verbal and written communication skills and an ability to collaborate effectively across teams and regions.
  • Interest in financial markets, investment operations, securities financing, or securities lending activities.
  • Experience using Microsoft Excel and other analytical tools to support reporting and operational analysis.
  • Demonstrated ability to work effectively within a controlled operational environment while maintaining a high degree of accuracy and accountability.

Pay and Benefits

The salary range for this position is USD$85,000.00 - USD$117,500.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our Benefits

  • Comprehensive healthcare
  • Leave benefits
  • Retail benefits
  • Retirement benefits

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.

Guidance on AI Use for Candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

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