Vice President, Investment Guidelines Compliance

About this role

BlackRock is one of the world’s pre-eminent asset management firms with over $9 trillion in assets under management. We are a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets.

Team Overview

Global Accounting & Product Services (GAAPS)

GAAPS is a global servicing department within Technology and Operations that manages the accounting and operating control environment for BlackRock’s global commingled vehicles and separately managed accounts and provides various other administrative and oversight services to BlackRock’s various product ranges including the BlackRock mutual funds and iShares ETFs. Responsibilities include:

• Oversight of internal and outsourced accounting, administration, custody, financial reporting, and transfer agency functions.

• Board governance and reporting.

• Product lifecycle management and business strategy enablement.

• Technical accounting and regulatory reporting guidance.

• Portfolio trade compliance monitoring and adherence to product and regulatory guidelines and policies.

Americas (AMRS) Product Oversight and Governance (POG)

AMRS POG is a unit within GAAPS. AMRS POG teams are organized regionally to support the unique jurisdictional requirements and stakeholders for our various fund ranges. AMRS POG manages the fund level “structural” needs of the various fund ranges, including support to BlackRock business groups and the Board of Directors/Trustees that oversee them.

Members of the AMRS POG team are responsible for overseeing the funds’ overall control environment and manage numerous business affairs in support of our funds. These individuals will connect across GAAPS and Business Operations to manage product and regulatory changes within our fund ranges. AMRS POG works closely with several other internal teams to deliver quality and value to our shareholders including but not limited to teams responsible for accounting oversight, financial reporting, product development, pricing, tax, legal and compliance.

Role Responsibility: AMRS POG Fund Services Vice President

• Oversight of outsourced functions including fund auditors, review performance of the service providers, and evaluate control environments.

• Review and challenge policies and procedures to help evolve the operating model to best practice.

• Assess the operating model for risk and efficiency, with a focus on automation and technology.

• Manage periodic fund distributions process, working closely with product development and tax teams.

• Product lifecycle engagement for launches, liquidations, mergers, and other structural events.

• Contribute towards and prepare presentations to BlackRock governance bodies (e.g. fund boards) and committees.

• Participate in the investigation of operating events and coordinate with cross functional colleagues.

• Provide fund accounting technical input across all operational aspects.

• Support the financial reporting team with limited reviews of certain technical areas; support the financial statement and other fund certifications.

• Build good relationships with business areas within BlackRock to support effective cross-functional engagement.

• Contribute to ensuring compliance with all relevant BlackRock policies and with regulatory requirements impacting the funds.

Experience

• 6-10 years 1940 Act investment management industry experience with fund structures such as open-and close-end mutual funds, interval and tender offer funds, and exchange traded funds.

• Accounting, reporting and investment operations for a broad array of domestic and foreign equity, fixed income, financing and derivative investment holdings and strategies.

• Fund / product lifecycle events such as launches, liquidations, mergers, and other restructuring events.

• Familiarity with RIC tax and fund distribution requirements.

• Diverse range of fund expense structures (unitary and pass thru) and methods for waivers, caps, allocation, and application of break points.

• External service provider oversight and control environment assessment.

• Mutual Fund and/or ETF Fund Administration experience a plus

• Project management experience a plus