Associate, Billing Operations-SpiderRock Advisors

BlackRock
Chicago, IL
Category Finance
Job Description
We are seeking a highly disciplined, detail-oriented, and industrious Associate to join our SpiderRock Advisors Operations and Billing team. The successful candidate will support daily, monthly, quarterly, and annual billing processes across our Options Overlay Business, ensuring accuracy and efficiency in all tasks. This role requires strong analytical skills, excellent communication abilities, and a commitment to operational excellence.

Requirements

  • Support daily, monthly, quarterly, and annual billing processes within the team’s service-level agreement by following established procedures and policies.
  • Ensure the accurate mass generation of client invoices each week and in bulk each quarter, as well as the correct debiting of all associated client accounts.
  • Provide exceptional, personalized service to external partners, ensuring their needs are met with the highest level of attention and care.
  • Monitor, escalate, and proactively manage the accounts receivable process, ensuring the timely collection and reconciliation of any outstanding funds owed to the firm.
  • Act as a deep subject matter expert by leading discussions, providing solutions, and driving operational excellence.
  • Support various projects, including automation/standardization efforts and the evolution of standard deliverables.
  • Learn and master multiple systems to understand their functionalities and work towards consolidating workflows.
  • Continuously seek to learn and understand how our responsibilities and processes integrate into the broader BlackRock and SMA Solutions business model.

Benefits

  • Strong retirement plan
  • Tuition reimbursement
  • Comprehensive healthcare
  • Support for working parents
  • Flexible Time Off (FTO)
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