Regulatory Risk Manager, Associate

About this role

Business Overview

Understanding and managing risk is central to BlackRock’s investment approach. The Risk & Quantitative Analysis (RQA) group provides independent oversight of the firm’s investment and enterprise risks by delivering risk management, tailored advice, and analytics that support better business and investment outcomes. RQA partners closely with investment teams across the firm, combining quantitative analysis, market insight, and a multidisciplinary skillset to tackle real-world investment challenges. Our work spans top down and bottom up risk oversight, helping portfolio managers build risk aware portfolios and develop risk and portfolio analytics using Aladdin’s capabilities.

BlackRock Luxembourg S. A. is BlackRock’s Luxembourg Asset Management entity authorized by the CSSF, managing UCITS and AIFs. The entity is seeking to hire a Risk Manager based in Luxembourg.

The Risk Manager as a member of the local risk team and together with the assistance of the broader global Risk and Quantitative Analysis group, will be responsible for ensuring that all applicable risks pertaining to the funds managed by the entity are monitored and managed at all times.

Key Responsibilities:

• Assist the Head of Risk Management in the implementation and maintenance of local risk management policies and procedures and adequate risk management systems to identify, measure, manage and monitor risks appropriately and on an on-going basis.

• Implement and maintain local risk management policies and procedures and adequate risk management systems to identify, measure, manage and monitor risks appropriately and on an on-going basis.

• Provide regular reporting to the management company on the current levels of risk incurred by each managed Fund and the compliance of each managed Fund with the relevant risk limit system.

• Assist in preparation, aggregation and quality control of risk related data which is needed for various reporting purposes.

• As a member of the global RQA function, participation in global and/or regional risk management initiatives.

Qualifications

• Minimum working experience of at least 2 years within the risk management or risk reporting function of a financial services organization.

• Competent in the understanding of the UCITS and/or AIFMD requirements.

• A high level of communication and presentation skills and an ability to build relationships across multiple internal stakeholders.

• Team player with excellent interpersonal skills and cultural awareness.

• Excellent analytical skills with the ability to identify problems and develop solutions.

• Fluent spoken and written English.

• University degree in Mathematics, Finance, Economics, Business Administration or related studies.

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.