About this role

GAAPS | LatAm Fund Accounting Oversight Associate | Mexico

About BlackRock

Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognises outstanding performance! We know you want to feel valued every single day and be recognised for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over USD $10 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.

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

Team Overview

The Latin America Business Operations team sits within Global Accounting and Product Services (GAAPS), one of the core functions within the Technology & Operations group at BlackRock. Our remit includes product oversight and client service, related to the locally offered solutions across the region.

The team supports various groups associated with the lifecycle of services offered, collaborating with internal BlackRock teams of Portfolio Management, Investments, Portfolio Compliance, AML, Business Operations, Legal & Compliance, Sales, Client Services, Financial Reporting and Fund Accounting teams. Our goal is to provide the best in class service to our clients, for the offered services and investment solutions provided under local regulation and global capabilities of BlackRock.

The Alternative Fund Controllers (AFC) team based in Mexico City, is responsible for the control and supervision of the accounting, taxes and reporting processes associated with the Mexican Alternative Funds, in accordance with the normative framework.

Role Responsibility

• Understand product and portfolio solutions offered to clients, legal and regulatory framework, along with the operating model and execution of the portfolio management lifecycle; defining and executing an optimal and risk-controlled service model, framed under Mexican regulation and best market practices.

• Partner with Global and Local Business teams to provide local expertise (Fund accounting and fund taxes) to support different alternative funds events like creation, merges, termination and repurposes.

• Build partnerships with external ecosystem by interacting with regulators, fund accounting providers, valuators, price vendors, distributors and others involved in the lifecycle of an alternative fund.

• Provide local expertise (from the tax, accounting, technology and operational perspective), supporting the implementation of these instruments by the business.

• Define new oversight tools and improve the oversight tools used by the team to review mutual funds valuation and taxes calculation.

• Follow-up to the local regulatory agenda and analysis of impacts for the local business, especially for the mutual funds.

• Consistently perform risk assessments and drive improvements to existing controls and procedures.

Knowledge & Experience

• Bachelor’s degree required in accounting, business management, finance, economics or equivalent. CFA or CPA certifications are a plus.

• Ideal candidate will have proven experience of 5+ years in the financial industry, with knowledge of capital markets, project management and the ecosystem of regulators and market participants.

• Understanding lifecycle of the banking industry, financial services, traded products in exchanges, such as equity, fixed income, fair value and foreign exchange; as well as overall processes of accounting, valuation and tax of a security and a portfolio.

• Highly computer-literate, with advanced Microsoft Office skills and coding skills.

Qualifications and Skills:

• Fluency (written and oral) in both English and Spanish required.

• Excellent written and verbal communication skills.

• Excellent attention to detail, as well as the ability to produce accurate work and spots mistakes/errors and makes appropriate corrections.

• Strong interpersonal and client service skills, problem solving, analysis and proactiveness.

• Experience with investment management, investment operations, mutual funds accounting/reporting, mutual funds tax management.

• Knowledge of Mexican regulation for alternative funds.

• Knowledge of International Financial Reporting Standards.

• Robust data analysis and data visualization skills are required.

• Candidates should have a keen eye for opportunities to create efficiency, and a track record of executing these improvements.

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 (http://careers.blackrock.com/) | 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.