About this role

Team Overview

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, Employee Relations, Finance, and Human Resources.

The Role:

Lead the administration of the BlackRock Equity Plan, including:
Coordinate and manage new grants into the equity administration online tracking systems
Maintain the equity grants in the vendor tracking system through regular review and validation against internal systems
Facilitate the monthly vesting of equity 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 equity awards consistent with the terms of the plan and 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 buy-out and sign-on equity 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 auditing transactions & liaising with our Compensation Accounting department on unreconciled clearing account items
Serve as a subject matter expert to internal clients related to equity compensation plans
Assist with the administration of other BlackRock plans including the Investment, Cash, and Voluntary Deferred Compensation plans
Co-manage team mailbox for internal queries
Provide outstanding customer service experience through generation of informative materials and prompt resolution of 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:

At least 3 years relevant operations experience, including experience with high volume & data management
Ability to manage multiple tasks, in an organized manner, and adhere to strict completion deadlines
Demonstrated ability to work independently as well as part of a team and excel in a fast-paced, high-intensity environment
Strong analytical skills that enable candidate to recognize and resolve problems
High proficiency with Microsoft Excel (i.e. Index Match / VLOOKUP / Pivots / Power Query); proficiency with Alteryx strongly desirable
Desire to learn regional equity regulations & processes including those in China, France, UK, Canada, Brazil, the Netherlands, & Australia
Excellent written and verbal communication skills and ability to interact with all levels of the organization
Bachelor’s degree or equivalent by experience
Financial services, asset management, and/or investment banking industry experience is preferable
Certified Equity Professional or equivalent certification preferred

Key Competencies:

A high level of attention to detail
Risk management
Teamwork including collaborating with remote team members
Problem solving
Desire and ability to provide outstanding service to internal clients
Adaptability / Resilience
Proven ability to manage competing priorities and meet tight deadlines
Ability to identify, analyze, develop, and document improvements to processes and/or procedures
Communicate with impact
A positive and ‘can-do’ attitude
Discretion in dealing with confidential information and prudence when interacting with senior level leaders

For Wilmington, DE Only the salary range for this position is USD$110,000.00 - USD$155,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.

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 @blackrock | Twitter: @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.