BlackRock, Inc

BlackRock Active Investment Stewardship Operations - Associate

BlackRock, Inc • $105K — $137K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in finance, economics, accounting, or related field.
  • 2-4 years of experience in an operational role, ideally within financial services.
  • Strong interest in corporate governance and proxy voting.
  • Excellent interpersonal skills for building internal and external relationships.
  • Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
  • Demonstrated problem-solving and project management capabilities.
  • Experience with corporate governance data, SQL, or Python is a plus.

Responsibilities

  • Support operational processes of the BAIS proxy voting platform.
  • Develop expertise in proxy voting infrastructure and collaborate with external partners.
  • Enhance client reporting on BAIS proxy voting activities.
  • Ensure regulatory compliance and meet client obligations.
  • Implement standardized control and reconciliation processes.
  • Collaborate with internal teams to set up new portfolios for proxy voting.
  • Analyze and resolve complex issues while maintaining attention to detail.

Benefits

  • Strong retirement plan and tuition reimbursement.
  • Comprehensive healthcare and support for working parents.
  • Flexible Time Off (FTO) for work-life balance.
  • Hybrid work model promoting collaboration and flexibility.
Full Job Description

About this role


Team Overview

BlackRock Active Investment Stewardship (BAIS) is a specialist team within the active investment business and manages BlackRock’s (BLK) stewardship engagement and voting on behalf of clients invested in active strategies globally. The team sits within BLK’s Portfolio Management Group (PMG). BAIS activities are informed by our Global Engagement and Voting Guidelines and insights from active investment analysts and portfolio managers, excluding index equity, with whom we work closely in engaging companies.


Position Overview

The BAIS Operations Associate will be responsible for promoting sound corporate governance as an informed, engaged shareholder on behalf of clients invested in active strategies.  They will be responsible for supporting the BAIS proxy voting platform by onboarding new accounts for voting, implementing control processes, and generating reports.  As part of a new team at BlackRock, the role will have opportunities to develop and contribute toward strategic projects aimed at enhancing BAIS operational processes and procedures to ensure BAIS delivers best-in-class stewardship for BLK clients.  The BAIS Operations Associate will report to the Head of BAIS Operations.  


Key Responsibilities

  • Support the implementation of operational processes and procedures of the BAIS proxy voting platform.
  • Develop expertise of the proxy voting infrastructure and troubleshoot where necessary with third-party vendors, custodians, and/or other stakeholders.
  • Develop expertise in the interaction of the third-party proxy voting platform and BlackRock internal systems.
  • Partner with BAIS voting analysts, portfolio managers, and other internal stakeholders across the active platform and across the shared platform such as Securities Lending and Client Reporting to support the BAIS proxy voting platform.
  • Partner with portfolio onboarding to ensure proper set-up of new portfolios for proxy voting.
  • Support and enhance client reporting of BAIS proxy voting activity.
  • Maintain and enhance the BAIS operational environment to ensure regulatory and client obligations are met.  
  • Implement standardized control and reconciliation processes.
  • Support ad hoc requests within the scope of BAIS operations as needed for clients or other internal stakeholders.

Key Qualifications

  • An undergraduate degree in finance, economics, accounting, or other relevant field.
  • A minimum two to four years of experience, preferably in an operational role.
  • A keen interest in corporate governance and proxy voting.
  • Collaborative with strong interpersonal skills to build and maintain relationships internally and with external parties.
  • Strong verbal and written communication skills.
  • Strong work ethic with the ability to prioritize, analyze, and resolve complex issues independently while paying consistent attention to detail.
  • Demonstrated problem-solving and project management skills.
  • Strong proficiency in Microsoft Office, including Word, Excel, and PowerPoint
  • Experience working with corporate governance data is a plus.
  • Experience with SQL or Python is a plus.
For New York, NY Only the salary range for this position is USD$105,000.00 - USD$137,500.00 . 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

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.


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  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, Inc

BlackRock is an investment management company that provides its services to a diverse range of clients, including institutions, intermediaries, foundations, and individual investors. The firm operates as a global asset manager, overseeing and advising on a wide array of investment portfolios. In addition to its role as an investment manager, BlackRock is also known for its technological innovations and solutions that support various aspects of the financial industry. The company's multifaceted approach encompasses investment management, financial technology, and serving a broad spectrum of clients in the financial ecosystem.

BlackRock, Inc Careers

Join the dynamic team at BlackRock, Inc, a premier global investment management firm, where innovation meets professional excellence. BlackRock offers unparalleled job opportunities in the finance sector, making it an ideal place for ambitious professionals to grow and excel. Work You’ll Do At BlackRock, Inc, you will be part of a culture that values diversity, leadership, and continuous growth. Engage in work that makes a real impact on the global economy, helping clients meet their investment goals while contributing to sustainable economic growth. Our team at BlackRock is composed of highly skilled professionals who lead the industry not just in assets under management but in ideas and innovation. Here, your skills will be honed through rigorous training and your career path will be as dynamic as the markets we navigate. BlackRock, Inc’s Leadership and Development Step into a role that challenges and excites with every project. BlackRock, Inc is not just hiring; we are building a future where every team member is equipped to lead. We believe in nurturing leadership through hands-on roles and comprehensive diversity training programs. Internship and Employment Opportunities Start your career with a BlackRock internship, where you will gain not just valuable work experience but also insights into our unique approach to investment management. Our internships are the first step to full-time employment, offering a deep dive into financial services with real responsibilities and learning opportunities. Benefits and Growth At BlackRock, Inc, we understand that our company’s success depends on the growth and satisfaction of our team. That’s why we offer competitive benefits designed to support your life, both at work and outside of it. From health and wellness to financial planning, we ensure our team is well taken care of. Innovation at Every Level Innovation is at the core of BlackRock, Inc. We invest in technology and ideas that redefine the boundaries of financial services. Our commitment to innovation is reflected in how we solve the industry’s biggest challenges and how we serve our clients. Networking and Professional Development Enhance your career with BlackRock’s expansive networking opportunities. Connect with industry leaders, participate in global forums, and collaborate with teams that champion creativity and forward-thinking. Our networking events are designed to foster connections that lead to groundbreaking solutions. Join Our Team Explore the job opportunities at BlackRock, Inc and find the position that matches your skills and ambitions. We are looking for curious, driven, and innovative individuals to join our team. Check out our open positions and prepare your resume for an exciting journey in the world of finance. Stay Connected Keep up to date with the latest from BlackRock, Inc Careers through our dedicated careers blog. Gain insider perspectives that can help you before, during, and after the interview process. Learn from the best and become a part of a company that’s shaping the future of finance. Job Alert Emails Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities waiting for you at BlackRock, Inc. Join BlackRock, Inc and be part of a team that’s dedicated to creating a better financial future for our clients worldwide. Your path to professional excellence starts here.
Learn more about BlackRock, Inc
Market Cap
$105.5 billion
Industry
Net Income
$4.9 billion
Founded
1988
5 Year Trend
+9.6%
Revenue
$16.2 billion
NASDAQ

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