Associate, Business Audit

Posted 6 Hours Ago
Be an Early Applicant
Edinburgh, City of Edinburgh, Scotland, GBR
In-Office
Mid level
Fintech • Information Technology • Financial Services
Bringing together tech and market expertise to help people build better financial futures.
The Role

About this role

Internal Audit

Internal Audit’s primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock’s businesses are well managed and meeting 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 that can improve their results. Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders.

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

Edinburgh

BlackRock's first international office, Edinburgh has been a key part of BlackRock's success for over 25 years and a hub for the UK asset management industry.  An operational Centre of Excellence known for its culture of diversity, our Edinburgh office is also dedicated to supporting the local community. 

Business Audit Associate Responsibilities & Qualifications

Specific responsibilities include:

  • Performing regional and global audit reviews

  • Engaging with BlackRock stakeholders to understand and document key processes and risks within a specific business unit

  • Preparing process narratives and briefing memos

  • Evaluating process design and operations to analyze the effectiveness and efficiency of these processes

  • Investigating and escalating issues identified during testing

  • Validating the remediation of issues

  • Identifying emerging firm-wise and business risks and understanding key changes in strategies and operating mode through ongoing engagements with business management

  • Supporting annual risk assessments of business areas

  • Contributing to global departmental projects

  • Travel to regional and international locations may be required

Qualifications

  • Undergraduate or graduate degree

  • 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 (ACCA, CA, CIA, IMC)

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 skepticism

  • Ability to articulate complex subject matters succinctly.

  • Critical thinking and problem-solving abilities

  • Strong project management and organizational skills

  • 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.


Guidance on AI use for candidates


At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.


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.


To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.


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.

Skills Required

  • Undergraduate or graduate degree
  • 3+ years of experience
  • Experience in financial services or internal audit
  • Understanding of financial instruments and asset management processes and risks
  • Proficient understanding of current regulatory and industry events
  • Relevant professional certifications (ACCA, CA, CIA, IMC)
  • Excellent verbal, written, and listening communication skills
  • Ability to develop and maintain effective working relationships with peers and business partners
  • Intellectual curiosity and healthy skepticism
  • Ability to articulate complex subject matter succinctly
  • Critical thinking and problem-solving abilities
  • Strong project management and organizational skills
  • Data analysis skills

BlackRock Compensation & Benefits Highlights

  • Retirement Support The package includes a 401(k)/Retirement Savings Plan with an employer match plus an additional company retirement contribution. Together with an employee stock purchase option, this positions retirement support as a notable strength for U.S. roles.
  • Parental & Family Support Paid parental leave and family‑building resources (adoption, fertility, nursing support) are emphasized, alongside child, special‑needs, and elder‑care resources. This breadth signals meaningful support across diverse family situations.
  • Leave & Time Off Breadth Flexible Time Off (FTO) for eligible roles is promoted, with additional sick and bereavement leave. Time away is framed as enabling rest and recharge when needed.

BlackRock Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: New York, New York
25,000 Employees
Year Founded: 1988

What We Do

As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com

Why Work With Us

Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

BlackRock Teams

Team
Client & Product
Team
Early Careers
Team
Investments
Team
Operations
Team
Analytics & Risk
Team
Corporate & Strategic
Team
Technology
About our Teams

BlackRock Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.

Typical time on-site: 4 days a week
HQNew York, New York
Mexico
Saudi Arabia
China
Amsterdam, Netherlands
Atlanta, Georgia
Belgrade, Serbia
Bengaluru, India
Boston, Massachusetts
Budapest, Hungary
Chicago, Illinois
Dallas, Texas
Edinburgh, United Kingdom
Frankfurt am Main, Germany
Gurugram, India
London, United Kingdom
Montréal, Québec
Montréal, Quebec
Mumbai, India
München, Bayern
Paris, France
Princeton, New Jersey
San Francisco, California
São Paulo, São Paulo
Seattle, Washington
Singapore, Singapore
Sydney, New South Wales
Tokyo, Japan
Wilmington, Delaware
Zürich, Switzerland
Learn more

Similar Jobs

BlackRock Logo BlackRock

Legal Associate

Fintech • Information Technology • Financial Services
In-Office
Edinburgh, City of Edinburgh, Scotland, GBR
25000 Employees

BlackRock Logo BlackRock

Client Platform, Analytics & Reporting - Associate

Fintech • Information Technology • Financial Services
In-Office
Edinburgh, City of Edinburgh, Scotland, GBR
25000 Employees

BlackRock Logo BlackRock

Lead Directory Services Engineer, Vice President

Fintech • Information Technology • Financial Services
In-Office
2 Locations
25000 Employees

BlackRock Logo BlackRock

Software Engineer

Fintech • Information Technology • Financial Services
In-Office
Edinburgh, City of Edinburgh, Scotland, GBR
25000 Employees
3-3 Annually

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account