Analyst, Investment Guidelines Compliance

About this role

Want to elevate your career by being a part of the world's largest asset manager? Do you thrive in an environment that fosters positive relationships and recognizes outstanding performance? We know you want to feel valued every single day and be recognized for your contribution! At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With just under USD $10 trillion of assets, we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home, and improve their financial well-being.

BlackRock is currently seeking an Analyst to become part of our Portfolio Compliance team.
 

The Portfolio Compliance Group (PCG) is a global group which sits within Global Accounting and Product Services ('GAAPS'), one of the core functions within the Business Operations & Technology Group at BlackRock. Portfolio Compliance is responsible for implementing controls & processes to ensure we are aligned with all applicable regulatory and portfolio issued guidelines.

Role Responsibility

This role sits in the Implementations team and primarily focuses on the management of new and change of regulation in Americas, providing the requirements and interpretation to code in BlackRock’s compliance system. The primary compliance system is within the Aladdin network, and PCG places compliance restrictions into the system using BlackRock’s proprietary coding language, which is similar to SQL.

Key Responsibilities:

• Manage intake and process development required for new regulations and updates to existing regulations

• Understand the coding requirements of the regulation and successfully oversee the testing and coding release

• Oversee the regulatory change queue, partnering with PCG regional managers on delivery, including inquiries of coding and op events in regulatory matters

• Document regulatory rules/processes to identify key risk areas, and gap analysis

• Partner with functional PCG change managers on new and change, and any required training for the function

• Knowledgeable with BlackRock’s various Aladdin applications, trade flow process, and data environment

• Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes

• Involvement in strategic projects and initiatives

• Determine PCG role for new regulations and updates to existing regulations across the PCG Function

• Responsible for regulatory related technology requests, and drive the regulatory technology solutions

Knowledge / Experience:

• Experience in the investment management industry, investment products, with focus on regulatory matters, and polices

• Proficient in navigating and applying regulations outline in the 1940 act

• Background in finance or similar fields are preferred.

• Comfortable working across multiple functions, geographies and partners with maturity and judgment

Skills / Qualifications:

• Proficiency in all Microsoft Office applications

• Experience of regulatory implementations and projects

• Experience with Aladdin suite of applications (preferred but not required)

• Exposure to coding within Compliance Monitoring tools (Aladdin, Sentinel, Charles River, In-House systems) (preferred but not required)

• Bachelor’s degree or higher in a related field (preferred)

Competencies:

• Strong IT Skills

• Strong communication skills (written and verbal) to work with partners across the firm. Ability to convey concepts simply and clearly to target audience

• Ability to work effectively and balance complexity and stress in a rapidly changing environment to meet deadlines.

• Attention to detail

• Proactive approach to risk mitigation ability to apply good judgement as to when to raise issues.

#EarlyCareers

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 wo