About this role
BlackRock is one of the world’s preeminent asset management firms and 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. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
Business Unit Overview:
BlackRock's Compliance Department protects BlackRock’s reputation and provides client focused advice. It identifies, understands, challenges and advises on the impact of regulation in our business, with the objective of:
Actively participating in business decisions in order to champion our clients’ interests;Collaborating with the business to position Compliance centrally into their daily work;Ensuring that client interests are at the centre of everything we do;Cultivating and enhancing the compliance culture within BlackRock;Providing thought leadership, analysis and advice on the impact of the regulatory framework on the business and its clients; andDeveloping and fostering excellence within the Compliance team.Role Description:
An exciting opportunity has become available for an associate to work within the BlackRock’s EMEA Regulatory Engagement and Developments (“RED”) Compliance team. The successful candidate will be part of a team which: (a) enables BlackRock to maintain positive relationships with regulators across the region by managing regulatory engagements and facilitating open and appropriate communications with regulators at all times in accordance with regulatory obligations; and (b) monitors the regulatory horizon for relevant regulatory content which impacts BlackRock and thereafter communicate appropriately, initiate analysis and facilitate effective ongoing oversight of implementation. The individual will act as a regulatory subject matter expert, demonstrating familiarity with both current and forthcoming regulatory requirements as well as supervisory expectations.
The RED Team are a trusted team of compliance professionals who are responsible for maintaining and fostering proactive relationships with supervisory regulatory authorities, identifying, assessing and communicating regulatory developments within BlackRock, and providing compliance advice and support to the firm in understanding and complying with regulations relating to transaction reporting responsibilities.
This role will require the successful candidate to provide coordination and advice on the navigation through all material regulatory interactions, including the preparation of senior management ahead of any regulatory meeting. This role is necessarily broad, covering regulation and legislation impacting BlackRock in EMEA, and will necessitate the provision of compliance advice, support, challenge and oversight including on regulatory changes and engagements.
The candidate should be able to demonstrate relevant regulatory knowledge and experience within financial services having gained relevant Compliance experience with a major global asset manager, investment bank, regulator or consultancy firm. A highly motivated self-starter, the successful candidate will demonstrate sound judgment, excellent technical and regulatory knowledge, a strong team ethic, combined with high energy, enthusiasm, resilience, tenacity and diplomacy.
Job Description: The Associate in the Regulatory Engagement and Development (RED) team in Compliance at BlackRock will be responsible for maintaining positive relationships with regulators across the region by managing regulatory engagements and facilitating open and appropriate communications with regulators at all times in accordance with regulatory obligations. This role also involves supporting monitoring the regulatory horizon for relevant regulatory content that impacts BlackRock, summarising and communicating impact to stakeholders and subject matter experts.
Key Responsibilities:
Provide coordination and advice to senior stakeholders on navigating regulatory challenges and interactions.Manage regulatory interactions across EMEA, including the preparation of materials and BlackRock staff to represent BlackRock in an appropriate manner to any such regulatorPerform horizon scanning of EMEA regulatory developments working with key subject matter experts to assess the impact to BlackRockSupport the facilitation of the EMEA Regulatory Oversight Committee where required in overseeing the landscape of regulatory reforms impacting BlackRock.Communicate internally with relevant stakeholders to share intelligence on regulatory focus areas and topics, including the Government Affairs and Public Policy group, as well as Compliance counterparts in the Americas and APAC to ensure a level of consistency globally, leveraging best practice wherever possible.Coordinate the production and delivery of management information, reports, and presentations to department and business unit management, management company boards, and regulators as required6.Knowledge/experience:
The ideal candidate will have:
Compliance experience within a ‘buy-side’ asset manager, investment bank, regulator, or consultancy firm,Knowledge of the UK or EU Regulatory environment, including current and forthcoming regulations.A self starter with the ability to work independently with minimal supervision with professional curiosity and enthusiasm.Strong interpersonal skills with a demonstrated ability to work well in a team-based environment and interact and communicate effectively - written and verbal - with senior personnel, clients, and other stakeholders.Strong organizational skills with the ability to motivate and work with the team to get the best desired output for the function and the organization.Qualifications
3+ years financial services experience with a focus on regulation;Educated to degree level, possibly with a professional qualification e.g., ACA, CFA, IMC;Excellent written/oral communication including ability to escalate where necessary;Student of technology that stays abreast of new and emerging tools that have the potential to positively transform Compliance processes.Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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, race, religion, sex, sexual orientation and other protected characteristics at law.