Enterprise Risk Specialist

Job Description

About this role

Title: Analyst / Associate, Enterprise Risk Management

Job Description

Business and Team Overview

The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s principal objectives are to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. The Prudential Risk Management team within the Regulatory Risk function is responsible for assessing the firm’s prudential risks to ensure the firm’s capital and liquidity resources remain adequate under severe stress. Some key prudential risks are credit, market, liquidity and operational risk. The Prudential Risk Management team also oversees the governance of the Enterprise Risk Management framework.

RQA is committed to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose.

What the RQA group at BlackRock has:

• The opportunity to provide real world solutions that help preserve and protect the hopes and dreams of (truly) billions of people around the world
• A team of outstanding risk managers partnering with a wide breadth of BlackRock teams to protect BlackRock, the corporate entity.
• Global colleagues with subject matter expertise providing independent risk oversight for senior management of the firm and the Board of Directors.

Responsibilities

• Support enterprise risk assessments and documentation, including ICAAP and ORSA assessments, including the development and documentation of operational risk scenarios
• Production of materials to facilitate senior management and Board review and challenge of the ICAAP.
• Enable oversight, challenge and reporting to business areas on risk management, design and effective operation of controls and reporting.
• Provide support for the development of risk appetite and risk profiling.
• Support the preparation for, and response to, oversight reviews of the prudential risk framework (e.g. internal audit and regulatory reviews).

Development Value

• Provides an opportunity to develop enterprise risk management skills and knowledge within a pre-eminent asset management firm within the industry.
• With Enterprise Risk spanning all aspects of the business, the role provides a unique opportunity to interact with key stakeholders across the firm and learn about BlackRock’s products, services and processes.

What you have:

• A degree, preferably in Business, Finance, Risk Management, or a quantitative field.
• Excellent analytical skills with the ability to identify emerging risks, explain risk trends and to communicate results with impact.
• Computer literate, with strong Excel skills.
• Integrity combined with high personal and professional standards. A strong commitment to excellence and ability to get a job done in the face of adversity.
• Strong interpersonal skills and an ability to communicate (verbal, written and presentation) across all levels within the organisation.
• Proactive self-starter, ability to learn quickly and to take initiative. Enthusiasm and energy combined with a clear sense of how to “make it happen”.
• Ability to work with key stakeholders to develop and implement solutions to reduce risks across the organisation.
• Good teamwork skills.

You might also have:

• Experience within financial services and asset management.
• Working knowledge of risk management and/or regulatory frameworks, e.g. Capital Requirements Directive or Investment Firm Prudential Regime.
• Understanding of investment products.

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.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2020, the firm managed approximately $7.32 trillion in assets on behalf of investors worldwide.

For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

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.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.