Description
About this role
BlackRock is one of the world’s preeminent asset management firms and a world-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from fundamental and quantitative active management approaches tailored to deliver outperformance to highly scalable indexing strategies designed to gain broad exposure to global capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
BlackRock is a firm passionate about performance, innovation and its people! The firm offers a wealth of employee benefits, and the opportunity to join a number of professional employee networks.
About the team
Regulatory Operations is a growing team responsible for crafting, implementing & leading all aspects of BlackRock’s regulatory processes. Our team is part of the Technology and Operations function at BlackRock which makes up around one third of the firm's employees!
The Regulatory Operations team plays a key role; we own many of the firm's most complex and critical regulatory reporting processes. We also act as the translation layer between Legal & Compliance, Technology, and Operations teams. Working in Regulatory Operations requires strong problem solving skills, and provides you with opportunities and challenges to demonstrate this. It also requires excellent communication skills to deliver key messages across all levels of the firm.
Your role would involve analyzing new and changing regulatory obligations, understanding their impact on BlackRock’s business using process and data analysis, and using technology knowledge and meticulous detail to devise innovative solutions to complex issues. The ideal candidate is someone who enjoys shifting challenges and ambiguous environments, thinks creatively, possesses the confidence to have an opinion, takes the initiative and thrives under close scrutiny and tight deadlines.
Responsibilities
- Conduct analysis of data and business processes to validate how the regulation applies to BlackRock’s operating & technology platform ensuring close alignment to regulatory interpretation guidance from Legal & Compliance
- Design, deliver and operate oversight processes owned within the team to independently evaluate the completeness and accuracy of our regulatory reporting, including clear communication and escalation where required
- Document findings and convert them into clear, specific technology and business process requirements documents, collaborating with technology and business team partners to drive consensus
- Validation of regulatory output to process requirements through Scenario and UAT testing.
- Lead the preparation and delivery of monthly regulatory oversight committee materials, including key metrics
- Work closely with our controls team to coordinate accurate and timely delivery of regulatory and industry standard regulatory disclosures
- Drive improvement and automation of oversight controls
- Stay up to date on regulatory trends impacting BlackRock
Knowledge/Experience
- Minimum 3 years’ experience of business process analysis, design and documentation
- Experience of functional testing design and execution
- Delivery driven individual with strong problem-solving skills and attention to detail
- Exhibits strong planning, organizational and interpersonal skills
- Ability to clearly communicate objectives and articulate the rationale behind those goals
- Self-motivated: able to show initiative and come up with ideas without prompting
- Strong communication and presentation skills (written and verbal)
- Technical aptitude, understanding technology in a business context
- Experience in SQL
- Ideally experience of regulatory change impacting financial services, such as Americas – Form ADV, Form PF, Sec Lending or EU – SFR
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.
Job requisition #
R241840
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Who we are
As a people-centric business, our long-term sustainability depends on our employees and culture. We have more than 16,000 employees in 35+ different countries who speak over 80 languages. We also serve millions of clients from different cultures around the world. We believe a wide range of perspectives and talent is crucial to creating a richer culture for our employees and a better experience for our clients.
How we typically hire experienced professionals
Online Application
Upload your resume and enter some basic details about your employment history. We recommend focusing on applying to the roles that are best aligned with your experience and goals. It may take us some time to get back to you, so we ask for your patience as we thoughtfully consider and review all applications we receive.
Recruiter Conversation
If selected to move forward, you’ll have a high-level conversation with a recruiter to discuss the role in more detail and hear more about your experience and career aspirations who will determine if you’re a potential match.
In-person/Virtual Interviews
Selected candidates meet with members of the BlackRock team. There may be a couple of rounds of interviews, where you’ll have the opportunity to meet a mix of employees you’d be working with and gain a clear understanding of the role and our culture.
Offer
At the offer stage, we will present a total compensation package. All offers are subject to background checks and other pre-employment clearances.
Fraud alert: Recruitment scams
Please be alert to fraudulent BlackRock job postings on external websites. All BlackRock jobs for which we are externally recruiting are posted here on our careers site.
BlackRock will never ask candidates to interview via chat or text, nor ask for an upfront payment or deposit. If you believe you have been exposed to this scam, please contact us at informationsecurity@blackrock.com to share any relevant details you may have.
As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals.