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 scepticism
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.
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.
Top Skills
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.
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BlackRock 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.
