Core ERM Operations - Governance, RQA, Associate

About this role

Group:

The mission of the Risk and Quantitative Analysis (RQA) function is to help BlackRock manage its fiduciary and enterprise risks and provide independent oversight. While executing this mission, RQA provides quantitative analysis to many of BlackRock’s businesses and helps promote the spread of best practice across the firm.

The Enterprise Risk team within RQA oversees those risks which directly impact the corporate entity (i.e. BlackRock, Inc., or one of its subsidiaries), rather than the fiduciary risks assumed by funds/clients, such as investment risks and counterparty risks. The team’s focus includes but is not limited to operational risk, technology, vendor, model and market risk, stress testing for market risk and the quantitative estimation of capital adequacy requirements.

The enterprise risk function remains closely engaged with the evolving regulatory environment and supervisory expectations, to ensure that BlackRock’s internal risk and control frameworks remain consistent with these, and to co-ordinate regulatory initiatives from an RQA perspective (for example, capital and liquidity assessments).

Core ERM Enterprise Risk, Governance & Solutions Team (ERGOS Team)

The ERGOS team sits at the center of Core ERM’s reporting and operational ecosystem. The team designs, optimizes, and maintains technology‑enabled processes that support risk governance and oversight across the enterprise. The team operates at the intersection of risk, data, and technology, ensuring that reporting pipelines, workflows, controls, and supporting tools are scalable, standardized, and operationally sound.

Our mandate includes process redesign, workflow standardization, automation, data quality enhancements, and operational support for key ERM programs.

Key Responsibilities:

• Assist with the implementation of the firm-wide Enterprise Risk Management Policy and related policies and standards owned by RQA

• Lead RQA’s RFP/DDQ & Red Oak processes

• Drive operational efficiency through process improvements or automation (i.e. tracking risk metrics, issues).

• Promote the development and implementation of the Core ERM Governance activities in compliance with the Policies and regulatory guidelines.

• Prepare a report on the status of RQA’s ERM’s governance related to the appropriate risk management oversight committees on a periodic basis and as required.

Knowledge/Experience/ Competencies:

• With 2-3 years’ work experience in the financial industry. -

• Undergraduate/ master’s in computer science, Mathematics, Finance, Financial Engineering or Operations Management.

• Prior experience in risk or financial management is desirable. Knowledgeable about asset management business operations.

• Proven experience in managing RFP/DDQ processes and compliance related activities.

• Excellent communication, negotiation and problem-solving skills

• Strong interpersonal and organizational skills and ability to respond effectively to change.

• Ability to work independently and manage multiple priorities simultaneously and can prioritize and escalate as appropriate.

• Intermediate to advance skill level in Microsoft Excel & PowerPoint

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 Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.