BlackRock, Inc

VP, Third Party Data Governance & Oversight

BlackRock, Inc$140K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years in large-scale data programs or with data vendors
  • Strong expertise in ESG, Index, Pricing, or Economy data
  • Excellent communication and interpersonal skills for client engagement
  • Demonstrated project and change management experience
  • Ability to document and translate business requirements into technical specs
  • Familiar with financial markets and data trends
  • Strong problem solving and critical thinking capabilities
  • Comfortable in high-pressure, fast-paced environments

Responsibilities

  • Define and implement lifecycle management processes for third-party data vendors
  • Build relationships with third-party vendors and internal partners
  • Strategically resolve vendor methodology differences to meet client needs
  • Manage ESG, Index, Pricing, and Economy data providers
  • Oversee vendor data quality and manage related change projects
  • Liaise between business and data teams to align capabilities with requirements
  • Monitor and enhance third-party performance using KPIs
  • Stay updated on business and data challenges to align data offerings

Benefits

  • Strong retirement plan and tuition reimbursement
  • Comprehensive healthcare options
  • Support for working parents
  • Flexible Time Off (FTO) policy
  • Hybrid work model promoting collaboration
Full Job Description
About this role

Responsibilities:

The Data Governance Team is responsible for ensuring the data needs of BlackRock and the clients of BlackRock Solutions are fulfilled with accurate, complete, and timely data.

As a member of Third Party Oversight team within Data Governance, you will play a key role in a growing area in a dynamic and challenging environment.

Day-to-day responsibilities include:
  • Define and implement a standard process for third party lifecycle management and mature and integrate with existing processes and workflows
  • Build and maintain high performing relationships with our third party data vendors & core internal partners to achieve a comprehensive, quality data offering
  • Understand Third party methodologies and differences across vendors and strategically resolve to meet client needs
  • Manage Third party data providers for ESG, Index, Pricing, and Economy data.
  • Measure and oversee vendor data quality and change management projects and support requests on all data challenges
  • Serve as a liaison between vendors SME, business SME, and Data stewards SME teams to manage the capability roadmap, issue tracking and change tracking
  • Work closely with data customers both internally and externally to stay abreast of new and evolving business and data challenges, requirements and market trends in order to align our data capabilities and content with business needs
  • Develop and continuously improve and expand coverage of third party performance by monitoring progress through KPI's
  • Keep Senior management abreast of Vendor Data Quality, challenges and Progress
  • Provide data insights and expertise in response to changing business needs, market events, regulatory change and new financial products.
  • Profile and analyze data to ensure content meets business requirements while being compliant with the various dimensions of data quality as outlined in our data quality policy.
  • Design data quality checks and performance metrics to assess data health and detect deficiencies and improvement with our data sources or internal data processes.
  • Active engagement with key product stakeholders to ensure client data experience is aligned and exceeding expectations
  • Ongoing engagement with technology on ways to innovate and deliver high quality data solutions through robust storage, maintenance, management and delivery methods.


This function will expose the candidate to a wide range of BlackRock's and BlackRock Solutions' data providers and sources, tools and businesses and will require him/her to work closely with internal clients such as portfolio management, account management, operations, BlackRock Solutions as well as external users of reference and master data

Qualifications / Requirements:
  • Strong experience working with ESG, Index, Pricing, or Economy data.
  • Experience working with Data Vendors.
  • Candidate must have excellent communication skills to enable clear articulation, interpersonal skills and influence while working with internal and external clients.
  • Candidate must have strong organizational skills and demonstrate project management, change management, issue management experience.
  • Data modelling experience to solve a business challenge is a plus
  • Minimum of 7 years of experience with large-scale data programs or data vendors
  • Ability to document detailed requirements and transpose them into data specifications and translate them to technical requirements a plus
  • Candidate must possess and demonstrate working knowledge of financial markets and general knowledge of the entire investment landscape with strong grasp of current and future data trends and industry practices
  • Candidate is expected to think critically about complex business challenges and possess strong problem solving skills in order to deliver holistic solutions.
  • Candidate must have enthusiasm for, and comfort with, working in a high pressure and fast pace environment while maintaining quality and the integrity of investment data.
  • Candidate must be able to work in both an entrepreneurial and team-oriented environment.
  • Experience in Agile Development preferred with knowledge of technical tools such as SQL, Python, Jupyter Notebook, Power BI, AI/ML Integration is a plus.


For New York, NY Only the salary range for this position is USD$140,000.00 - USD$200,000.00 . 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 guidance 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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