Associate, Internal Business Audit

About this role

Internal Audit Business Associate

Our Audit Team “At a Glance”

Business Audit
Team members are located  in the US, Europe, and Asia, performing audits covering all BlackRock business units, including Investment Management, Sales, Trading, Client Business, Risk Management, Operations, Finance, and Legal and Compliance. The team's global presence ensures a thorough and consistent audit process, spanning the multinational scope of BlackRock's operations.

Role Description

Join the BlackRock Internal Audit team as a Business Audit Associate and play a key role in supporting the execution of the firm's annual audit plan and advisory activities. You will have the opportunity to develop in-depth knowledge of BlackRock's businesses and products while collaborating with a team whose primary mission is to provide assurance to the BlackRock Audit Committee and Executive Management that BlackRock's businesses are well managed and meeting strategic, operational, and risk management objectives.

As a Business Audit Associate, you'll have a range of responsibilities, including supporting a variety of audit project activities and participating in ongoing business monitoring and optimization activities. You'll work closely with senior leaders across the full range of BlackRock's business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes, and assist in the design of best practices that can improve their results.

The role in more depth:

Supporting a variety of audit project activities, such as:

• Leading process walkthrough meetings with Senior BlackRock stakeholders to understand and document key risks and controls within a specific business unit.
• Preparing process narratives and diagrams
• Evaluating control design and operating  
• Investigating and escalating issues identified during testing.
• Validating the remediation of issues
• Performing regulatory and industry-driven audit reviews

 Participating in ongoing business monitoring and optimization activities, such as:

• Identifying emerging firm-wide and business risks and understanding key changes in strategies and operating model through ongoing engagements with business management.
• Completing annual risk assessments of business areas
• Contributing to projects aimed at optimizing business processes and control activities.
• Providing advisory services during the development of new businesses and systems
• Leading or contributing to global departmental projects.
• Developing and maintaining working relationships with BlackRock businesses and support functions, including acting as the primary Internal Audit business engagement liaison for one or more lines of business
• Travel to regional and international locations may be required.

Qualifications

• Undergraduate or graduate
• 3+ years of experience; preferably in financial services and/or internal audit, including an understanding of financial instruments and asset management processes and risks.
• Interest in broad exposure to investment management, sales, trading, operations, risk management, finance, and compliance activities in the asset management industry
• Proficient understanding of current regulatory and industry events
• Relevant professional certifications are a plus (CIA. CFSA, CISA)

Skills

• Excellent communication (verbal, written, listening) and interpersonal skills.
• Ability to develop and maintain effective working relationships with peers and business partners.
• Intellectual curiosity and healthy scepticism
• Ability articulate complex subject matters succinctly.
• Critical thinking and problem-solving abilities
• Strong project management, organizational, and presentation skills
• Familiarity with data analysis

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.