Description
About this role
Team Overview
BlackRock's Global Compliance Department protects BlackRocks reputation and provides advice to the business focused on ensuring the protection of our clients best interests. The department is a dynamic environment with the team focused on understanding evolving business strategy, challenging and 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 BlackRocks 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.
Job Purpose:
The firm is seeking an individual to be part of the Global Financial Crime Team based in Atlanta or Wilmington responsible for the helping implement strategic priorities as it relates to Financial Crime Alternative compliance initiatives. The successful candidate will need to demonstrate knowledge of, and experience in, asset management, alternative products and financial crime risks.
The role is based in Atlanta or Wilmington and would report to the Americas lead for Financial Crime Alternatives compliance.
Key Responsibilities:
* Partner with key stakeholders including business, operations, risk management, legal and compliance to conduct due diligence on transactions and associated parties in the Alternatives business (e.g., Private Equity, Hedge Fund of Funds, Real Estate, Infrastructure, etc.)
* Assist with monitoring and oversight of outsourced services providers (e.g., transfer agents)
* Advise on on-boarding of clients, especially in higher risk situations (e.g., for politically exposed persons)
* Conduct periodic monitoring and testing to assess the effectiveness of the FC compliance program
* Support the development and implementation of policies and procedures, including conducting training, as needed
* Assist as needed in addressing allegations of fraud or misconduct related to an alternative private transaction
* Support the collection, organization, and evaluation of data relevant to the Alternative private transaction process
* Ensure the active identification, response and/or escalation of risks as appropriate
* Undertake governance and management reporting
* Work within a global team and communicate effectively to members of that team
Knowledge/Experience:
* The successful candidate should have at least 2 years of experience in compliance or risk management, preferably at other financial institutions or consulting firms, including experience with at least one of the following compliance frameworks: anti-money laundering, anti-bribery and anti-corruption (e.g., Foreign Corrupt Practices Act), sanctions (e.g. OFAC), or fraud
* Prior experience with alternative asset managers, project finance or private equity is an asset
* Experience analyzing data and developing presentation materials for business stakeholders
* Have a proactive approach to business issues, identifying areas of improvement & enhancement including the automation of processes
* Strong governance and document management skills
* Proven ability to work as part of a global team as well as independently in a fast-paced environment
* Excellent communication, judgment and business partnership skills.
* Proactive, self-motivated and with excellent organizational skills with ability to prioritize workloads and adhere to deadlines
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
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 childrens 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. Its why were 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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | 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.
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.