HR Risk and Operational Excellence- Vice President

Posted Yesterday
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Budapest, HUN
In-Office
16M-27M Annually
Senior level
Fintech • Information Technology • Financial Services
Bringing together tech and market expertise to help people build better financial futures.
The Role

About this role

We are seeking a strategic and experienced HR Risk and Operational Excellence Vice President to strengthen governance frameworks, enhance reporting mechanisms, and enable effective oversight of HR risks and operations. This role is a second-line function focused on empowering HR teams to address risks and operational challenges effectively while maintaining accountability at the appropriate levels.


The ideal candidate will have deep expertise in operational risk governance, the ability to provide actionable insights, and a collaborative approach to driving compliance and process improvement. This role does not directly remediate issues but instead establishes frameworks, guidance, and reporting mechanisms to empower teams to resolve challenges independently.


Key Responsibilities

Operational Risk Management and Governance

  • Analyze data and trends to identify emerging HR risks and prioritize mitigation strategies.
  • Define and oversee HR Business Risk Indicators (BRIs) and Key Performance Indicators (KPIs) to monitor risk and performance.
  • Advise HR leadership with actionable insights and strategic guidance on risk management and governance practices.
  • Develop and implement governance frameworks for the proactive identification, tracking, and management of HR risks.
  • Collaborate with stakeholders to monitor remediation progress, ensuring accountability and ownership at the appropriate levels.
  • Prepare and deliver governance reports to senior management, summarizing key metrics, trends, and actionable insights to inform decision-making.
  • Promote transparency and adherence to governance processes across HR functions to enhance risk mitigation and compliance.

Policy Governance

  • Support and maintain the HR Policy Governance framework, ensuring it aligns with regional regulatory requirements.
  • Collaborate with Employment Legal and HR teams to design and enhance mechanisms for horizon scanning, enabling functions with the ability to timely identify regulatory changes that may impact HR policies.
  • Provide governance oversight to confirm policy updates are operationalized effectively by the relevant HR functions, with clear ownership and accountability.

Third-Party Governance

  • Act as a Subject Matter Expert (SME) for HR third-party risk management, enabling Vendor Relationship Owners (VROs) to comply with sourcing, vendor management, privacy, and information security policy requirements.
  • Support the development and maintenance of effective third-party governance frameworks, ensuring HR vendor inventory oversight aligns with organizational standards.

Audit Readiness and Support

  • Act as a liaison between HR teams and internal/external auditors, ensuring alignment of expectations and clear communication throughout the audit lifecycle.
  • Establish and maintain an audit preparedness framework, defining protocols for ongoing monitoring and periodic reviews of HR processes to confirm readiness.
  • Coordinate with process owners across HR functions to address requests for clarification, additional evidence, or follow-up actions during audits.
  • Monitor the resolution of audit issues by tracking management responses and action plans, ensuring timely and effective remediation.
  • Conduct independent assessments of remediation actions to confirm their effectiveness and alignment with audit objectives.

Training and Development

  • Design and deliver targeted training programs to increase awareness of HR risk governance and policy requirements, including training on audit preparedness to equip HR teams with the tools and knowledge needed to navigate audit processes confidently.
  • Provide specialized coaching to HR Teams on essential systems and governance processes, supporting smooth transitions for new initiatives.

Qualifications

  • Bachelor’s degree in HR, Business Administration, or related field; advanced degree or certifications (e.g., CIPD, SHRM, HRMP) preferred.
  • 6-8+ years of experience in HR governance, compliance, or risk management roles, preferably in a global, matrixed environment.
  • Strong understanding of employment laws, regulatory requirements, and HR governance practices.
  • Demonstrated ability to influence stakeholders and foster cross-functional collaboration in complex organizations.
  • Expertise in HR risk management frameworks, policy governance, and third-party oversight.
  • Analytical and problem-solving skills with a proactive approach to risk identification and mitigation.
  • Proficiency in MS Office (Excel, PowerPoint) and familiarity with privacy and compliance programs.
  • Clear, effective communication skills, including proficiency in ‘Plain-English’ writing and visual storytelling.
  • Experience navigating ambiguity and driving initiatives independently within a dynamic environment.
The salary range for Hungary is 16400000 - 26700000 HUF

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 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

  • Bachelor's degree in HR, Business Administration, or a related field
  • 6–8+ years of experience in HR governance, compliance, or risk management
  • Experience in a global, matrixed environment
  • Strong understanding of employment laws, regulatory requirements, and HR governance practices
  • Ability to influence stakeholders and foster cross-functional collaboration in complex organizations
  • Expertise in HR risk management frameworks, policy governance, and third-party oversight
  • Analytical and problem-solving skills with a proactive approach to risk identification and mitigation
  • Proficiency in Microsoft Office, including Excel and PowerPoint
  • Familiarity with privacy and compliance programs
  • Clear and effective communication skills, including Plain-English writing and visual storytelling
  • Experience navigating ambiguity and driving initiatives independently in a dynamic environment
  • Advanced degree or certifications such as CIPD, SHRM, or HRMP

BlackRock Compensation & Benefits Highlights

  • Healthcare Strength — Healthcare coverage is described as comprehensive, including medical, dental, and vision plans with HSA/FSA options and telemedicine. Mental-health resources such as counseling/EAP, wellness incentives, and Calm access are also featured.
  • Retirement Support — Retirement programs include savings plans, employer-supported contributions described as competitive in summaries, and financial education resources. An Employee Stock Purchase Plan is also noted in certain locations.
  • Parental & Family Support — Parental leave is gender-neutral with up to 16 weeks for primary caregivers and 4 weeks for non-primary caregivers. Additional supports include adoption assistance, fertility benefits in some locations, childcare/elder-care resources, and nursing-mother programs.

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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.

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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
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