Investment Accounting Vice President – Mortgage Loan

Are you an Accounting professional searching for an exciting, significant, dynamic opportunity with the world's largest asset manager? If you pride yourself on building positive relationships, developing process solutions, and bringing strategic visions to fruition, then look no further! BlackRock is pursuing a Vice President to become a part of the team.

BlackRock is a preeminent asset management firm and 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 thorough fundamental and quantitative active management approaches aimed at improving outperformance to highly efficient indexing strategies designed to gain broad exposure to capital markets.

Business Unit Overview

The Investment Accounting Group (IAG) provides accounting and regulatory data services to clients who have outsourced their accounting function to BlackRock. Our Accounting Services include the preparation and oversight of multi-bases monthly accounting and reporting packages. This offering covers multiple assets classes (Securities, Equities, Derivatives, Mortgages, Alternatives).

IAG has been rapidly growing our service platform beyond our traditional base of insurance clients and developing our accounting operating platform to extend asset class coverage. We are investing in new Aladdin technology to develop an integrated accounting and risk platform with the goal of being an industry-leading investment accounting provider.

Your Role

To further fuel our growth and extend our depth, we are seeking a high-energy, self-motivated accounting professional with strong technical skills and in-depth knowledge of financial instruments with a focus on mortgage loans.

The role provides an excellent opportunity to be a key component of the Accounting team that is passionate about developing investment process solutions for all investments using the capabilities of other parts of the BlackRock organization!

Key Responsibilities

• Demonstrate leadership and managerial skills

• Acquire and maintain a detailed knowledge of BlackRock’s capabilities, and product structures

• Manage internal oversight and focus on processing and reporting for mortgage loans

• Maintain consistent method for handling mortgage loans assets across clients

• Discuss processing and reporting requirements internally and with clients

• Provide input regarding the future direction and long-term strategy to support designated product

• Coordinate and validate software functionality including recommendations for improvement

• Identify, drive, and prioritize development requests and enhancements impacting BlackRock processes and systems

• Represent IAG on internal cross-functional projects and working groups in support of delivering key business and client objectives

Knowledge/Experience/Requirements

• BS Degree in Finance or Accounting or related experience

• 7-10+ years of financial/accounting work experience with mortgage loans

• 3-5+ years of supervisory experience

• Firm knowledge of the business models of insurance companies including the regulatory and accounting constraints under which they operate

• Familiarity with GAAP/STAT/IFRS and accounting policies as it relates to investments

• Strong and effective communication skills to deal directly with clients and across all levels of staff and management

• Ability to prioritize assignments without losing sight of overall objectives and deadlines

• Strong decision-making skills to make well thought out decisions based on information provided

• Strong attention to detail and project management skills

Development Value

This role provides opportunities to join a highly commercial area, working with clients and alongside colleagues in BlackRock Solutions, Technology & Operations. There would multiple opportunities for you to continue professional development with a career path within the IAG, or into other operating teams or client-facing business areas. The products and services provided to our clients offer individuals opportunities for further personal learning, both in terms of the product types and accounting complexities, as well as the ongoing development of technical strengths.

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.