Vice President, EMEA Financial Crime

About this role

Job Purpose:

An exciting opportunity has arisen for a Vice President to join BlackRock Financial Crime Compliance (FCC) in London.  The individual will be the key financial crime compliance point of contact and SME in relation to BlackRock’s fund distribution and retail investor business across EMEA. The successful candidate will be primarily responsible for the maintenance of the financial crime fund distribution oversight framework. Although the role is based in London, the successful candidate will also assist with the financial crime coverage of the Luxembourg retail fund business. Working knowledge of Luxembourg AML rules in addition to the UK rules is therefore essential.

Key Responsibilities:

• Maintain and develop the EMEA financial crime fund distribution oversight framework, liaising with relevant stakeholders including MLROs, business lines, operations and legal and compliance to identify and mitigate emerging financial crime compliance risks associated with  new or existing fund distributors, including platforms.
• Act as the key point of escalation for all financial crime related queries relating to fund distribution across all EMEA fund ranges.
• Review high risk distributor/investor onboardings in Luxembourg retail funds and make appropriate recommendations to the relevant MLROs and Committees.
• Act as the key FCC contact and advisor for fund distribution contractual matters related to financial crime terms and negotiate directly with clients.  Ensure that financial crime terms comply with BlackRock’s internal policies and applicable AML-CTF, ABC and Sanctions legal and regulatory requirements.
• Oversee BlackRock UK’s adherence to its regulatory obligations as a Principal Distributor of the BlackRock EMEA fund ranges, identify areas for improvement and drive more effective processes.
• Articulate regulatory expectations to a wide range of internal and external stakeholders including clients.
• Support ad-hoc global and regional business or financial crime compliance driven projects that require FCC SME input (e.g. launch of new funds)
• Support the EMEA FCC in broader responsibilities, as required.

Development Value:

There is some capacity for the individual to shape the role according to where the perceived risks lie. The individual will gain considerable exposure to BlackRock’s global businesses and activities. 

Knowledge/Experience:

• Strong technical knowledge of the UK and Luxembourg Anti-Money Laundering/Counter Terrorist Financing essential
• Good knowledge of Luxembourg requirements as they apply to intermediaries
• Good knowledge and experience of Anti-Bribery & Corruption and Sanctions desired
• Experience of reviewing financial crime language in legal agreements
• Excellent communication skills to influence stakeholders, regularly liaise and be a point of contact for the business regarding financial crime issues and the ability to articulate complex situations
• Ability to prioritise workloads and adhere to deadlines
• The ideal candidate would have excellent interpersonal skills, and a strong personality, combining energy, enthusiasm, resilience, tenacity and diplomacy
• Proven ability to work with a variety of stakeholders within a global firm
• University degree and relevant industry qualifications (e.g. ICA, ACAMS)

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.