About this role
BlackRock is one of the world’s preeminent asset management firms and a best-in-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions from thorough Co fundamental and quantitative active management approaches aimed at improving outperformance, to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Regulatory Solutions is a growing team at BlackRock, responsible for designing, implementing, and handling all regulatory processes. As part of the Technology and Operations function, which comprises about one-third of BlackRock's employees, this team plays a crucial role. They handle many of the firm's most sophisticated and crucial regulatory reporting processes and serve as the link between Legal & Compliance, Technology, and Operations teams. Working in Regulatory Operations offers opportunities and challenges to develop skills and make a significant impact within the business.
We are looking for a candidate who will be responsible for a Regulatory Solutions - Trade and Transaction team that focuses on daily processes and oversight controls in respect of BlackRock’s global regulatory reporting obligations including MIFIR, SFTR, and G20 regulations.
The successful candidate will manage a team responsible for supervising the transmission of the reports, ensuring that all reports reach and are accepted by the regulator, reconciling positions to evidence completeness and accuracy of data sent and monitoring compliance and producing accurate metrics. We are looking for someone who is control focused, risk aware and has a desire to understand and question all aspects of regulatory reporting.
You should enjoy building teams, shifting challenges, think creatively, give opinion, take initiative, and thrive under scrutiny and tight deadlines.
ResponsibilitiesDeliver on control / task functions and be accountable for its completeness and accuracy.
Drive resolution of breaks, collaborating closely with subject-matter experts.
Evaluate standard operating procedures, redesign processes, and implement a practical approach to address any deficiencies.
Follow escalation processes and act with urgency to mitigate process risk.
Monitor control activities to ensure ongoing compliance with G20 regulations and prepare reports for oversight and client attestations.
Find solutions to various challenges, think creatively, and voice opinions confidently.
Regularly collaborate with collaborators to find common solutions
Provide accurate information to committees and boards.
Present detailed information clearly and communicate effectively.
Participate in internal and external audits to ensure compliance with G20 regulations, addressing any findings and implementing corrective actions.
Drive improvement and automation of oversight controls.
Thorough and highly analytical.
Proactive in motivating changes to increase efficiency while maintaining effective controls.
Strong time management and interpersonal skills.
Ability to identify, prioritize, and develop practical solutions for issues.
Self-motivated with the ability to show initiative.
A college degree, ideally in finance/commerce or related field.
Operational experience (10+ years) within asset management or regulatory reporting.
Strong business knowledge i.e. Investment Banking, including OTC product, process and system knowledge.
Spot checking tasks of team and ensuring any gaps are fixed and advanced in a timely manner.
Ability to navigate in-house applications and strong Excel skills.
Preferred SQL skills and/or automation experience.
Excellent verbal, written, and interpersonal communication skills, including the ability to clearly articulate QC results and data issues.
BlackRock’s hybrid work model is designed to enable a culture of teamwork 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.
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.
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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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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.
