About this role
BlackRock's Compliance Department protects BlackRock’s reputation and provides advice to the business focused on ensuring the protection of our clients’ best interests. The department operates in a dynamic environment with the team focused on understanding evolving business strategy, as well as advising on the impact of regulation 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;
- Putting client interests at the center of everything we do;
- Cultivating and enhancing BlackRock’s Compliance culture;
- Providing thought leadership on the impact and implementation of regulation to our business and to the market; and
- Developing and fostering excellence within the Compliance team.
In conjunction with Legal, the Compliance team oversees BlackRock’s compliance with applicable laws and regulations and is responsible for, among other things, establishing Legal and Compliance policies and procedures that meet applicable regulatory requirements and testing the effectiveness of those policies and procedures, overseeing regulatory matters, and providing Compliance training.
We are seeking a seasoned Compliance professional to play a leading role in the BlackRock Institutional Trust Company, N.A. (“BTC”) compliance team which contributes to the maintenance and enhancement of the BTC compliance program. This role may also manage engagements with the BTC’s primary regulator, the Office of the Comptroller of the Currency (“OCC”).
Key Job Responsibilities
The successful candidate will work in a team which oversees BTC’s compliance with the requirements of OCC regulation, SEC rules, ERISA requirements, other applicable laws and regulations and applicable BlackRock policies. The successful candidate will also:
- Coordinate BlackRock’s meeting with U.S. federal regulators including driving the preparation and delivery of reports to regulators.
- Track and understand the changing regulatory environment to ensure policies, procedures and key stakeholders are kept current with relevant changes.
- Conduct and oversee compliance testing of the operative effectiveness of policies and procedures.
- Review, draft and make recommendations to enhance relevant compliance policies and procedures
- Closely coordinate with multiple levels of BlackRock management and governance forums to help address regulatory requirements on a timely basis.
- Demonstrate the ability to work in a fast-paced, dynamic environment with multiple stakeholders and deadlines.
- Special projects as required.
Skills/Requirements:
- BS/BA required; JD or other relevant graduate degree is a plus.
- 5 plus years of legal, regulatory, compliance or operational experience at a financial institution is preferred. Relevant experience at a large law firm or a federal regulator will also be considered.
- Demonstrate a proficiency about various areas of financial regulation and/or willingness to learn about the operations of a large asset management company.
- Investment management compliance or direct OCC, SEC, or ERISA regulatory experience is beneficial.
- Excellent organizational skills, attention to detail, project management, presentation, inter-personal and relationship building skills.
- Strong written and verbal communication skills across time zones and audiences, including communicating directly with senior stakeholders.
- Ability to make decisions and exercise discretionary authority necessary to successfully perform job duties.
- Candidate must be a team player with excellent inter-personal skills who is approachable and engaging in multiple settings
- Proficient use of Microsoft Office including Word, Excel and PowerPoint, and have an interest in applying and being a student of technology. Prior experience or knowledge of BlackRock’s Aladdin Platform and other technology tools or queries are beneficial.
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.Top Skills
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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