Enterprise Risk Technology & Transformation, RQA, Associate

About this role

Business Overview

The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s principal objectives are to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and multi-disciplinary skills to tackle real-world problems and provide tangible solutions in the investment management process.

RQA is committed to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose.

Enterprise Risk Technology & Transformation Team

The Technology & Transformation team is a growing part of RQA Enterprise Risk (ERM) that designs, implements, and optimizes technology solutions used by thousands of users across BlackRock. The team partners with ERM management to build and support risk management tools. It collaborates closely with technologists in the Aladdin Product Group and Technology and Operations divisions and works with business stakeholders and external partners outside of RQA to deliver scalable, innovative solutions that advance risk management objectives and drive operational excellence.

Key Responsibilities

We are seeking a Senior Analyst/Associate that will be part of an innovative team leading the development of Archer for the Model Risk Solution. This individual will be responsible for understanding business requirements, translating them into system configuration changes, and managing upstream and downstream dependencies. This role requires close collaboration with other system developers and stakeholders to ensure seamless integration across ERM platforms. Candidates will:

• Own requirements and documentation of the Model Risk solution within Archer

• Analyze, document, and translate business requirements into actionable configuration changes, ensuring alignment with broader ERM objectives

• Demonstrate a deep understanding of current solutions and back-end architecture by executing configuration changes and enhancements within Archer

• Assess and manage upstream and downstream dependencies, collaborating with other system developers to consider impacts across platforms

• Engage with business stakeholders, including teams within ERM and external partners, to clarify requirements and communicate feasibility, challenging business change requests when necessary

• Manage strict timelines for development and bug fixes, ensuring communication with stakeholders is clear and timely

• Support and complete various efficiency and capacity-building initiatives, including automation and standardization efforts

• Consistently challenge the status quo to drive operational excellence by constantly analyzing systems, processes, and procedures for inefficiencies, and providing recommendations for improvement

• Stay current on industry trends and new technology solutions relevant to GRC, Model Risk, and AI

Qualifications

• 3–5 years of hands-on experience with Archer or a similar GRC tool, including system configuration and back-end solution management

• Proven ability to understand and modify existing system configurations

• Efficient and effective information gathering and translating business requirements for technology solutions

• Familiarity and experience participating in the software development lifecycle (SDLC)

• Comfortable challenging business requests and advocating for feasible, strategic solutions

• Strong organizational skills; able to manage multiple requirements and stakeholders simultaneously

• Excellent written and verbal communication skills, with the ability to ask the right questions and understand new business processes

• Proactive attitude towards new technology combined with an ability to quickly assess the scale and budget of new projects

• Strong work ethic, attention to detail, and ability to work effectively as part of a global team in a fast-paced environment

• Flexible work schedule and comfort working hours outside local time zones to overlap with global leads in London and New York

A plus, but not required:

• Experience working with Crowe and/or Model Risk solutions

• Experience with project management and tracking tools such as JIRA, Miro, and Aha

• Experience programming in languages such as Python or VBA

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.