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Team Overview
The Portfolio Compliance Group (PCG) is a global group which sits within Global Accounting and Product Services ('GAAPS'), one of the main functions within the Business Operations & Technology Group at BlackRock. Portfolio Compliance looks after implementing controls, processes and disclosures to ensure we are aligned with all applicable regulatory and portfolio issued guidelines.
BlackRock is currently seeking a professional at the VP level to become part of our Portfolio Compliance team.
The main responsibility it to monitor and report compliance with certain internal and regulatory investment guidelines and disclosure requirements, including large shareholding filings.
You like to:
• Work with functional SME’s to assemble, analyze & centralize critical data requirements in support of central initiatives
• Consider strategic opportunities, support the vision and partner with teams to ensure success
Day to Day:
• Guide staff in reviewing system reports of shareholdings against trade movements, and reporting holdings that have reached prescribed thresholds
• Identify holdings that are approaching prescribed threshold limits and engage portfolio managers to allocate limited investment capacity, ensuring the best possible outcome for our clients
• Work with L&C and regulators regarding critical topics
• Troubleshoot potential errors when needed
• Perform ad-hoc analysis for our partners and clients
• Operate BlackRock’s various Aladdin applications, trade flow process, and data environment
• Drive and co-ordinate projects with a focus on efficiency creation
• Update senior management on progress of these
• Lead specific high impact projects, Legal & Country reviews and process re-engineering where required
• Support strategic projects and initiatives across regions
• Support capacity management for BLK globally
• Build relationships with our partners (EII, Active, RQA, Trading) on Capacity topics such as ATOB lists and requests
• Provide governance for a number of forums and Investment teams
• Support business expansion and regulatory compliance
• Support assessment, impact, implementation and execution of legal reviews ensuring all requirements are met
Leadership opportunity:
• Set standard for knowledge and capability levels
• Provide strategic input to initiatives, processes, and regulatory developments
• Establish good working relationships with other teams
• Lead op event process from beginning to end
You have:
• Experience of people management and project management across multiply functions and geographies
• Experience in the investment management industry and of investment products and industry regulations
• Working knowledge and an understanding of relational database concepts (including SQL) is a plus
• Proficiency in all Microsoft Office applications
• Bachelor’s degree or higher in a related field (preferred)
• Very strong communication and interpersonal skills
• Analytical mind and approach
• Dedicated approach to issue resolution and attention to detail
• Ability to facilitate compromise between conflicting requirements or points of view
• Proactive approach to risk mitigation ability to apply good judgement as to when to raise issues