Job Title: Account Administration Analyst
Date Posted: 01-17-2007
Job Location: Massachusetts-Boston
Job Type: Full Time
Education Level: Bachelors Degree
Work Experience: 1+ to 2 Years
Job Shift: First Shift
Yearly Salary:DOE (Depend on Experience)
Company Name: BlackRock
Company Website:
Contact Information: BlackRock   BlackRock (
Job Description:
Firm Overview:
BlackRock is one of the largest publicly traded investment management firms in the United
States with $391 billion of assets under management as of March 31, 2005. Since its inception
in 1988, BlackRock has been independently managed by its Management Committee, whose members
represent all operating areas of the firm. Headquartered in New York City, BlackRock maintains
offices in Boston, Edinburgh, Hong Kong, Morristown, San Francisco, Singapore, Sydney, Tokyo,
and Wilmington. 

Department Overview:
The Account Administration Group is responsible for monitoring portfolio compliance and the
calculating and reporting of portfolio performance. The Account Administration Group advises
the portfolio managers on a variety of rules and regulations from the SEC, IRS and various
foreign governments. Analysts utilize BlackRock's proprietary trading systems and accounting
applications in every aspect of their job.


•Bachelors degree required
•1 - 3 years experience in the financial services industry
•Computer proficiency in Excel and Word
•Works well as part of a team 
•Enjoys a fast-paced, high-intensity environment 
•Experience with Advent (Axys and Moxy) a plus 
•Knowledge of accounting is preferable 


Net Assets and Performance Reconciliation Process
•Ensure accuracy of performance and eliminate financial risks (i.e. have primary focus on Risk
Management of Cash Reconciliation items)
•Ensure timely reconciliation of BlackRock records with Custodian
•Reconcile the NAV and Performance with Custodian information
•Research and document all differences between BlackRock and Custodian
•Utilize Bloomberg and Axys systems extensively in the course of reconciliation
•Ensure New Accounts, Terminated Accounts and the Custodians have implemented any Change of
Custodian successfully and correctly
•Work with Trading Systems Group to ensure correct set up of Securities in systems
•Work closely with Operations group to resolve issues 
•Develop and maintain relationship with Custodian Banks on the accounting and administration
of various accounts
•Establish regular communication with Custodian Banks to resolve all differences 

Save this job to My Search now     
Back to Search Results

Advance Job Search -- Job Description
Site Map Horizon Career CopyRight Advertising E-mail Friends Press Release Classified Ads Job Fairs Networking Advice and Resources My Account Post Resume Find Jobs Horizon Career