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Analyst, Deferred Awards Administrator

at BlackRock in Wilmington, Delaware, United States

Job Description

Description

About this role

The Deferred Compensation Administration team is responsible for all deferred compensation plans at the organization such as Restricted Stock Units (RSU), Options, Investment Professional Deferred Compensation, and Voluntary Deferred Compensation. The team work closely with internal stakeholders such as Legal, Compensation, Finance, and Human Resources.

The Role:

+ Assist with the administration of BlackRock’s Equity, Investment, and Voluntary Deferred Compensation plans whose responsibilities include, but are not limited to:

+ Coordinate and manage new grants into the vendor online tracking systems

+ Maintain the grants in the vendor tracking system through regular review and validation against internal systems

+ Facilitate the monthly vesting of awards per appropriate vesting schedules, including liaising with our HR tax and payroll teams to ensure accurate taxation

+ Validate, audit, and process new hires, terminations, and transfers to ensure proper treatment of deferred awards consistent with the terms of the plan any other plan documents such as award agreements

+ Participate and deliver upon the annual major vesting event during the January year end cycle

+ Work with our recruiting & compensation teams to advise on candidate deferred compensation proposals

+ Review & value new hire documentation to present to our Management Development & Compensation Committee or their delegates for approval

+ Complete post grant/distribution tasks including liaising with our Compensation Accounting department on unreconciled clearing account items

+ Serve as a subject matter expert to internal clients related to our deferred compensation plans

+ Co-manage team mailbox for internal queries

+ Respond and resolve employee queries through internal ticketing system

+ Suggest and help implement process improvements and best practices as appropriate

+ Lead, participate and deliver upon department projects as required

Experience and Attitude:

+ 1-2 years relevant operations experience, including experience with high volume & data management

+ Bachelor’s degree or equivalent by experience

+ Financial services and/or investment banking industry experience is preferable

+ Ability to manage multiple tasks, in an organized manner, and adhere to strict completion deadlines

+ Demonstrated ability to work well as part of a team and excel in a fast-paced, high-intensity environment

+ High proficiency with Microsoft Excel (i.e. Index Match / vlookup / Pivots / Power Query)

+ Excellent written and verbal communication skills and ability to interact with all levels of the organization

+ Strong analytical skills that enable candidate to recognize and resolve problems

Key competencies

+ A high level of attention to detail

+ A positive and ‘can-do’ attitude

+ Risk Management

+ Teamwork including collaborating with remote team members

+ Problem solving

+ Desire and ability to provide outstanding service to internal clients

+ Adaptability / Resilience

+ Communicate with impact

+ Proven ability to manage competing priorities and meet tight deadlines

+ Ability to identify, analyze and develop improvements to processes and/or procedures

+ Discretion in dealing with confidential information and prudence when interacting with senior level leaders

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.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock (http://www.instagram.com/blackrock) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

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Job Posting: JC191509714

Posted On: Sep 03, 2021

Updated On: Oct 15, 2021