Vice President, Corporate Actions

About this roleTeam Overview Our Global Corporate Actions team has primary operating centers in Edinburgh (UK), Wilmington, Delaware (US), Gurgaon (India) and Singapore (APAC). Our objective is to lead and provide a high-quality Corporate Action service assuring standard methodology through the application of governance and controls designed to mitigate risk to the Firm and our Clients. Our team operates as a single, global entity designed around a robust and mature "pass-the-book" philosophy allowing the effective and controlled transition of workload across our primary locations. Role Responsibility  As a Vice President in Corporate Actions, the candidate will be based in our Wilmington, Delaware location. Reporting to the US Regional Corporate Actions Head, a successful candidate will play a pivotal role in engaging with the global management team. The position will have direct responsibility for the Entitlements team and provide multi-functional support to all other organizations within Corporate Actions. The team's primary function is to ensure that all event-related corporate action activity within BlackRock is validated and the subsequent cash or stock entitlements are processed accurately and timely. Through daily team huddles, dashboard reporting, and risk management tools, the individual will supervise and strengthen all corporate action events' tracking and execution. You will lead processing and technology improvement efforts to drive efficiencies and increase STP within the business unit. The role requires focused interaction with other operational teams and partners to manage Corporate Action activity impacted by trade settlement, REPOs, and securities lending.  You will be responsible for building strategic relationships with BlackRock's partners and clients at a senior level and will need vision, energy, and passion to optimize the operational platform and successfully deliver results to our clients.  Key responsibilities include: Acquire a strong understanding of the processes and controls of the team and provide management and oversight of daily production activity. Manage the escalation of operational issues to ensure risk is controlled, and communication to affected parties and senior leaders is completed timely. Investigate reconciliation discrepancies, ensuring all differences are resolved and cleared at the earliest opportunity. Develop and implement comprehensive reporting tools and metrics that ensure compliance with standard departmental methodologies and hold BlackRock's service providers and custodians accountable for their product's quality and delivery. Build and maintain constructive relationships with key internal and external contacts and partners. Drive local, regional, and global initiatives and projects. Provide regional management support and coverage for functional teams as required. Maintain awareness of industry changes and how they impact Corporate Actions, Global Investment Operations and BlackRock. Develop automation and efficiency initiatives to provide a scalable platform and reduce risk in our business. Develop team performance to ensure adherence to organization and individual objectives. Experience 7 – 10 years of proven experience in a Corporate Actions leadership role with a strong understanding of financial markets and investment management. Excellent written and verbal communication skills. Strong analytical skills with the ability to identify problems and develop solutions. Demonstrate strong technical knowledge of brokerage or investment operations. Experience developing and leading high performing teams. Proficient in Microsoft Office products, emphasis on Excel. Proven track record in delivering on major projects in a fast-paced environment. Understand the risks inherent in the environment of the corporate action and demonstrate discipline around control and escalation. General understanding of securities lending and the impacts on the corporate action lifecycle (preferred but not required) Want to learn more? For 30 years, to drive innovation, BlackRock has bought great minds together. From the very beginning technology was harnessed for insight and efficiency to help our businesses better understand their client’s objectives. Again, BlackRock is accelerating innovation and technology to invest even more in their Aladdin platform and looking for people with a passion for technology and a love of solving complex problems to join their teams. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.   For Wilmington, DE Only the salary range for this position is USD$117,500.00 - USD$173,500.00 . 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 benefitsTo 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 modelBlackRock’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 c