About this role
Role Brief
Internal Audit’s primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock’s businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock’s individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results. Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders.
Data Analytics
The Data Analytics (DA) team leverages various data science, business intelligence, and analytical methods to enable and optimize a data-driven approach to assessing BlackRock’s control environment. The DA team is responsible for building and maintaining an inventory of self-service tools for auditors, supporting the risk assessment of BlackRock business units, and assisting the development of timely and accurate Internal Audit management information. DA team members may also design and perform certain testing as part of audits of BlackRock business units and technology controls across application systems and infrastructure components.
India
BlackRock India is a microcosm of the firm’s global operating platform that brings scaled capabilities in technology and investment management operations to support various functions, provide business continuity for critical operations, and drive innovation and operational excellence, including for domestic commercial initiatives.
Responsibilities & Qualifications
Role Description:
This position is an Audit Execution Lead role. The primary responsibility is to support audits end-to-end by cleaning, analyzing, and visualizing data to identify potential risks, assess compliance with regulations, and provide valuable insights to auditors.
The candidate will collaborate closely with business, technology and data teams, and internal risk partners to support the objectives of the Internal Audit function. This will involve working together to ensure audits are executed efficiently, with a focus on data-driven insights and solutions.
As part of our DA team, we are seeking an independent contributor who is eager to learn new technologies and work with others to implement and explain them. We value creativity and encourage our team members to challenge traditional methods of audit execution and testing. Successful team members thrive in a fast-paced environment, actively contributing to audits while helping to evolve audit processes, tools, and methodologies.
The role may include people manager responsibilities as such the candidate will be expected to demonstrate key leadership behaviors to foster a thriving, high-performance environment, individual contributors, as subject matter experts, guide technical direction in audit execution space, lead and contribute to multi-year projects, mentor less experienced specialists, and provide insights that influence long-term strategic decisions.
Specific responsibilities will include:
Develop code to execute audit tests, build tools, and/or execute data centric activities supporting the department and ensure that all code is properly documented and maintained.
Contribute to the strategic development of the DA program including the design and implementation of tools and technologies, development, delivery, and distribution of data analytics presentations, training, and methodology.
Propose alternative and creative approaches to audit testing, leveraging technology to either gain efficiencies or provide additional coverage.
Facilitate discussions with audit stakeholders and demonstrate quick understanding of risk, controls and the data analytics solutions that can be offered to support audit objectives.
Participate in short term data analysis activities aimed at supporting audit delivery and/or other ad-hoc requests including closure verification of issues, regulatory inquiries, strategic initiatives.
Networking to cultivate strong relationships with firm-wide partners to ensure successful analytic activities such as retrieval of new data sets, learning technology architecture, troubleshooting, etc.
Skills and Experience:
Bachelor’s or master’s degree in information systems, data analytics, data science, computer science, economics, risk management or another quantitative related field
At least 5+ years in data analytics within Internal Audit preferably within the wealth management, asset management or banking industry.
Strong SQL skills required, along with programming experience in Python or R, experience of any other scripting languages (VBA, PowerShell, etc.).
Working experience of any Business Intelligence tool (PowerBI, Tableau) is preferred.
Experience with both structured and unstructured data as well as experience with Data Warehousing (e.g. Snowflake), Extract Transform and Load (ETL). Hands on experience on techniques like text analytics, web scraping, Selenium, N-Gram analysis, Sentiment Analysis, etc. is preferred.
This professional needs to have a strong understanding/ability to quickly learn of business processes, risks, and controls to enhance audit efficiencies and effectiveness through the development and delivery of audit data analytics
Team player with project management skills, delivered timely with high quality results and have attention to detail along with analytical and problem-solving skills.
Strong interpersonal and communication skills (verbal, written, and listening).
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.
