About this role
Business Unit Overview:
BlackRock's Compliance Department protects BlackRock’s reputation and provides client focused advice. It understands, challenges and advises 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 to translate Compliance into their daily work
- Having client interests at the center of everything we do
- Cultivating and enhancing the compliance culture within BlackRock
- Providing thought leadership on the impact and implementation of regulation
- Developing and fostering excellence within the Compliance team
Role Description:
An exciting opportunity has arisen for an Associate to join our Compliance Team, supporting BlackRock’s fast growing client business in the Middle East & Africa. This position will complement an existing team of expert compliance professionals based in Gurgaon, India and across the Middle East.
Our ideal candidate should have proven compliance experience within the asset management or Investment Banking industry which includes playing a key role in the execution of compliance monitoring and testing programmes. The successful candidate will exhibit sound partnership, regulatory and relationship management skills.
Key responsibilities include:
- Providing support to regional compliance professionals and helping to deliver a robust compliance framework and foster excellence within the regional compliance team
- Supporting the planning, preparation, and socialisation of the Regional Compliance Monitoring and Oversight Framework
- Proactively identifying, analysing and escalating key regulatory risks identified as part of regional compliance oversight and monitoring activities
- Partnering with regional and global compliance teams to deliver compliance monitoring reviews to ensure compliance with global policies, procedures and tolerated market practice.
- Conducting targeted sample testing to ensure compliance with cross-border activities, reverse solicitation, and the provision of investment advice.
- Presenting findings and proposed recommendations identified through monitoring activities, to key regional stakeholders including, regional Country Compliance Officers, senior management and oversight committees.
- Supporting regional Country Compliance Officers with the tracking and preparation of regulatory reporting, returns and notifications to local regulators, ensuring regulatory reporting is submitted on a timely basis and all correspondence is saved to all relevant repositories.
- Assisting BlackRock in supervisory engagements with local regulators, including supporting responses to queries, gathering relevant documentation, and collaborating with internal regional and global stakeholders as appropriate. Co-ordinating specific compliance projects and initiatives, in connection with the interpretation and implementation of new regulation, as well as the establishment of compliance owned tools
- Supporting the development and delivery regional compliance training, ensuring training completion is appropriate tracked and non-compliance escalated to Country Compliance Officers and senior management, as appropriate.
- Assisting with the development and maintenance of regional policies and procedures
- Supporting the regional Country Compliance Officers in preparing and delivery of management information to senior management, boards and committees.
Knowledge / Experience:
- Minimum 2 years’ experience within a control function within the asset management or Investment Banking industry, ideally within Compliance or Legal.
- Proven experience in conducting monitoring and testing activities.
- Ability to coordinate compliance projects and initiatives related to new regulations
- Ability to proactively identify, analyze, and escalate key regulatory risks as part of regional compliance oversight and monitoring activities.
- Strong communication skills, problem solving and analytical skills.
- Attention to detail and effective writing and presentation 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 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.
