Associate, Portfolio Compliance Monitoring - Princeton

About this role

Want to elevate your career by being a part of the world's largest asset manager? Do you love working in an environment that develops positive relationships and recognizes outstanding performance? Look no further! We know you want to feel valued every single day and be recognized for consistent contribution. At BlackRock, we strive to empower our employees to make a difference and actively engage your involvement in our success. With over USD $6 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to achieve their ambitious goals of saving for retirement, paying for college, buying a home and improving their financial well-being.

BlackRock is currently seeking professionals at the Associate level to become part of our Portfolio Compliance team.

Team Overview

The Portfolio Compliance Group (PCG) is a global team within the Business Operations department at BlackRock where we are responsible for implementing controls and processes to ensure compliance with all applicable regulatory and portfolio guidelines. The team fulfills this mission primarily by extracting, analyzing, coding and monitoring client, regulatory and internal investment guidelines on the firm’s Aladdin system. Our team also handles reviewing new issues and voluntary corporate action events to ensure compliance with regulatory requirements and client specific guidelines. We are engaged with and provide innovative services to many other departments and functions across the firm, including: portfolio management, client services, trading, technology, operations and legal.

Key Responsibilities:

Responsibilities are dynamic, but typically include:

• Pre-clearing syndicated primary market purchases to ensure that BlackRock affiliate and Client affiliate involvements are aligned with applicable exemptions/guidelines.

• Finalizing prospectus document reviews and retrievals. Liaising with Global Capital Markets, Legal and Compliance and Portfolio Management to clarify any missing queries with primary market reviews.

• Pre-trade and Post-trade violation investigation & resolution

• Manual test execution

• Identification of coding issues

• Becoming acquainted with BlackRock’s various Aladdin applications, trade flow process, and data environment

• Crafting new system rules, improving existing compliance coding, and investigating or troubleshooting potential errors when needed

• Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes

• Leading or handling strategic projects and initiatives

Development Value:

• Exposure to multiple business organizations and investment products across BlackRock globally

• Daily interaction with key business organizations such as portfolio management, trading and client service professionals in a fast-paced team environment

• Opportunity to take responsibility and ownership for both individual projects and team goals

• Visibility in being a PCG service champion for both internal and external clients

• Exposure to global regulatory jurisdictions and frameworks

Knowledge / Experience:

• Bachelor's degree in finance or similar fields are preferred.

• Experience supporting trade compliance activities, including primary market pre‑clearance, prospectus review, and investigation of pre‑ and post‑trade issues.

• Strong systems aptitude with hands‑on exposure to compliance testing, rule execution, issue identification, and trade‑flow/data analysis.

• Analytical, detail‑oriented mindset with the ability to partner cross‑functionally and contribute to process, control, and efficiency initiatives.

• Knowledge of financial instruments and markets is helpful.

Skills / Qualifications:

• Microsoft Office Suite

• Knowledge of programming languages (such as Visual Basic, C++, or Java) preferred not required

• Understanding of relational database concepts (including SQL) are beneficial.

Competencies:

• Strong interpersonal skills and work ethic

• Analytical mind and approach

• Attention to detail

• Dedicated approach to issue resolution

• Ability to recognize individual and team objectives and goals

• Ability to facilitate compromise between conflicting requirements or points of view

For Princeton, NJ Only the salary range for this position is USD$90,000.00 - USD$120,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.