BlackRock

Vice President, Compliance Monitoring and Testing

Posted on: 5 Feb 2021

Atlanta, GA

Job Description

Description

About this role

BlackRocks L&C Department protects BlackRocks reputation and provides advice and oversight of BlackRocks business. The department is focused on:

* Actively participating in business decisions to champion our clients interests and assist the business in translating compliance requirements and expectations into their daily work;
* Putting client interests at the center of everything we do;
* Ensuring adherence to applicable laws and regulations;
* Cultivating and enhancing the strong compliance culture within BlackRock;
* Providing thought leadership on the impact and implementation of regulatory change;
* Fostering excellence within the Compliance team; and
* Actively developing the skills knowledge and careers of each member of the Compliance team.

Compliance Monitoring and Testing, Vice President:

A Vice President (VP) level role has become available within BlackRocks Compliance Monitoring and Testing (CMT) team based in Atlanta. The role will report into the Global Head of CMT and will entail on the ground leadership and delivery of Compliance Monitoring reviews with the global team.

The CMT team is a dynamic, high profile, high performing global team which identifies and assesses regulatory and conduct risk across BlackRock and delivers an annual program of Compliance Monitoring reviews and risk assessments. The team has members across the global organization who work closely together on a day to day basis. The teams key activity is delivering its annual Compliance Monitoring program by undertaking in-depth reviews focused on different business units, country offices and regulatory themes as well as delivering an ongoing program of regular testing.

CMT VPs are responsible for leading and delivering global and local US reviews, supported by a team of Associates and/or Analysts. They lead each review from the initial scoping and fieldwork phases through to the delivery of findings and reports. VPs typically engage closely with key business and L&C stakeholders of all levels across the business to develop a detailed understanding of how each business operates and to challenge and influence their management of regulatory risk.

As well as conducting reviews, the successful candidate will have a key role in leading and delivering projects that enhance the teams operating effectiveness and delivery.

Key Responsibilities:

The successful candidate will:

* build an understanding and awareness of BlackRocks business and its operational and regulatory control environment;
* take a leading tole on the exciting build out of the Global team in a new location growing the team and bringing their own insights and ideas to enhance the existing arrangements;
* hold a leadership role within the CMT team, including responsibility for the delivery of key elements of the teams work and the performance of individuals within the team;
* deliver the scoping, execution and reporting of CMT reviews;
* build strong working relationships with key business and L&C stakeholders across the US and globally;
* present findings and recommendations to senior management within Legal and Compliance and senior business stakeholders;
* lead and deliver strategic team projects; and
* develop their career within a formal structure of career progression.

Knowledge/Experience and Education

The expectation is that the candidate will have previously held relevant senior roles within a Compliance function, a leading consultancy firm or a regulator. The candidate will ideally have relevant, hands-on experience leading deep dive regulatory compliance reviews as well as an understanding of regulatory rules and risk and assessment methodologies.

The role requires the successful candidate to have strong written and verbal communication skills and confidence engaging with and managing ongoing relationships with a broad range of stakeholders within Compliance and across the business. The candidate will have a strong personality, combining energy, enthusiasm, resilience, tenacity and diplomacy.

The knowledge and experience that would be beneficial for this role includes:

* proven track record of leading deep dive regulatory or compliance reviews at a regulated firm, a regulator or leading consulting firm. Candidates with internal audit or other testing experience will also be considered;
* understanding of the asset management sector;
* a strong knowledge of regulatory rules and priorities and the US regulatory architecture, in particular the Advisers Act, and ideally some experience working with other global regulations;
* excellent verbal and written communication skills with a track record of drafting high impact and high-quality reports;
* experience leading high performing teams;
* project management skills and experience delivering projects in a complex organization;
* a proven track record in producing high quality deliverables under competing priorities and adherence to deadlines; and
* knowledge of other key Compliance and risk management topics would be beneficial, for example risk assessment methodologies and developing management information.

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.

About BlackRock

BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable.



For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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.

BlackRock

New York, New York

BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager with $6.5 trillion in assets under management as of April 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

In May 2019, BlackRock received widespread criticism for the environmental impact of its holdings. It is counted among the top three shareholders in every oil “supermajor” except Total, and is among the top 10 shareholders in seven of the 10 biggest coal producers. In its 2018 annual letter to shareholders, chief executive Larry Fink said that his overriding duty is to make customers money, whatever the environmental consequences.

Similar Jobs