About this role
BlackRock's Global Compliance Department protects BlackRock’s reputation and provides advice to the business focused on ensuring the protection of our client’s best interests. The department is a dynamic environment with the team focused on understanding evolving business strategy, challenging and advising on the impact of regulations in our business, with the objective of:
- Actively participating in business decisions to champion our clients’ interests and assist the business in translating Compliance into their daily work and decision making;
- Cultivating and enhancing BlackRock’s compliance culture;
- Providing thought leadership on the impact and implementation of regulations to our business and to the market; and
- Developing and fostering excellence within the Compliance team.
Job Purpose:
The firm is seeking an individual, based in San Francisco, to be part of the Americas Financial Crime Compliance Team and work as part of a larger team in multiple locations. The individual will provide Anti-Money Laundering (“AML”) compliance support for two regulated legal entities and also lead the Americas Financial Crime investigations and reporting function. The successful candidate will need to demonstrate extensive knowledge of, and experience in dealing with, financial crime issues, with a focus on anti-money laundering, sanctions, fraud, and investigations. The role would report directly to the Americas Head of Financial Crime, who is based in New York.
Key Responsibilities:
- Be the main Financial Crime point of contact for regulatory examinations and internal audits.
- Manage the day-to-day responsibilities for the AML compliance program and framework for two regulated legal entities, including responsibility for producing risk assessments, AML policy and procedures, and key metrics for relevant board and management reporting.
- Manage the Americas Financial Crime investigations function, conduct complex investigations, prepare and file Suspicious Activity Reports.
- Oversee AML monitoring and testing activities, including transaction surveillance quality assurance reviews and customer due diligence monitoring reviews.
- Oversee high risk client reviews and politically exposed persons risk exposure reviews.
- Provide advice to business lines regarding interpretation of AML regulatory requirements.
- Provide guidance to more junior staff members and provide support to other team members, as appropriate.
Knowledge/Experience:
- The successful candidate should have 7+ years of experience in AML or Financial Crime areas at other financial institutions.
- Experience with the Office of the Comptroller of the Currency (“OCC”) would be an advantage.
- Extensive knowledge of AML regulations; including the U.S. Bank Secrecy Act, the USA PATRIOT Act, OCC regulations and OFAC requirements. Understanding of fraud and sanctions risks would be beneficial.
- Experience in investigations or monitoring would be an advantage.
- Proactive, self-motivated and with excellent organizational skills with ability to prioritize workloads and adhere to deadlines.
- Proven ability to work as part of a team and independently.
- Excellent communication, judgment, and business partnership skills.
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.
We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.
What We Do
BlackRock is a global asset manager. We help investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. Our founding mission was to establish a firm that thinks differently about managing investment risks to best serve our clients, and this is still at our core today.
We challenge businesses to reach higher standards. We use technology to think beyond what’s possible. We provide investment solutions for every need. We aim to simplify a complex world. We help chart paths towards financial health. We are BlackRock, and we are invested in your financial well-being.
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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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