The Data Stewardship 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 Stewardship, 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 Reference and Master data and any related escalations
• 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 reference data(Equity, Options, Futures, ETFS, Entity, issuer, funds, fixed income or structured products and master data is required
• Experience working with or as part of Data vendors providing Reference/ Master or Market data is required
• 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.
• Bachelor’s degree or equivalent experience in Master and reference data management across multiple asset classes and asset resolution
• 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,