Director, Internal Business Audit

About this role

Business Audit Director – Singapore

Internal Audit’s primary mission is to provide assurance to the Board of Directors and Executive Management where it finds that BlackRock’s businesses are well managed and meet strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock’s individual 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. Our work builds confidence that BlackRock understands objectively and will meet its obligations to clients, shareholders, employees and other stakeholders.

The team includes professionals with trading, sales, risk management, compliance, technology, finance and operational experience. Internal Audit reports directly to the Audit Committee of the Board of Directors.

Our Internal Audit teams “at a glance”:

Business Audit
With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all BlackRock business units, including investment and asset management, risk management, operations, finance, and legal and compliance.

Technology Audit

The Technology Audit Team, also in the US, Europe and Asia, performs design review and testing related to technology controls across application systems and infrastructure components such as databases, operating systems, data centers and messaging platforms.

The Data Analytics (DA) team within Technology Audit leverages BlackRock data and various data science, business intelligence, and analytics methods to support business and technology audit execution.DA builds and maintains an inventory of self-service tools for the auditors, supports the risk assessment and annual planning process, and helps develop impactful management information. The DA team helps auditors gain efficiency and insight including through innovations in data sourcing and analysis.

Strategy, Analytics & Operations (SAO)

SAO coordinates governance, communication and activities across the global Internal Audit team, prepares reporting to Executive Management and the Board of Directors, drives the strategic planning process, implements innovations, and ensures appropriate policies/methodology and procedures are in place. This team plays a meaningful part in the development and continuous improvement of the Internal Audit platform but does not participate in audit reviews or issues management.

Job Purpose/Background:

This Audit Director within Business Audit will be a member of our Global Leadership and is expected to contribute significantly to the strategic planning, process innovation, and project management of assurance and advisory activities of the global team. The scope for this role spans the entire Firm, with a focus on BlackRock’s Asia Pacific (APAC) business.

Specific responsibilities will include:

• Overall management and/or leading the timely execution of concurrent audits and projects inclusive of control advisory services.

• Primarily responsible for providing audit coverage of BlackRock’s Southeast Asia and Oceania business determining the approach in collaboration with Internal Audit leadership and incorporating APAC-specific business processes and nuances.

• Engagement with Senior Executives for multiple lines of business, fostering strong relationships with the business.

• Represent Internal Audit in BlackRock’s Singapore and Australia governance committees.

• Collaborate with the other corporate risk and control functions to ensure activities are coordinated and fully leveraged.

• Identify key control issues and emerging risks, and work with management to ensure timely and effective remediation.

• Oversee a team of 4-6 individuals, providing timely and candid feedback and coaching.

• Assist in the training and development of a high performing team.

• Effectively manage resources to optimize productivity, meet training and development needs, and deliver high-quality, value-added assurance and advisory services.

• Engagement with relevant regulators, where applicable.

Skills and Experience:

• Ability to operate in a global, fast-paced, dynamic environment.

• Broad exposure/experience to audit, risk management, operations, finance and compliance activities is preferred.

• Strong understanding of investment management, trading or capital markets businesses, products or processes.

• Experience developing and maintaining effective working relationships with senior management and external regulators.

• Excellent project management, organizational and presentation skills.

• Experience managing teams of skilled professionals and developing junior talent.

• Excellent communication (verbal, written, and listening) and interpersonal skills, including strong writing skills, particularly as related to audit reports and management presentations.

• Good understanding of current local regulatory and industry events.

• Undergraduate or graduate degree in finance, economics, risk management or other business related field is preferred.

• CFA, CPA/CA, CRM or similar professional certification is a plus.

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.