Regulatory Operations Specialist , VP

Job Description

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:

Regulatory Operations is a growing team who design, implement & lead on all aspects of BlackRock’s regulatory processes. We continually monitor, review, and provide assurances that our regulatory obligations are fulfilled.

This is an exciting time within Regulatory Operations with implementation of new regulations and the opportunities to drive our business forward. We are developing systems and reporting capabilities alongside leading risk and working with key partners across the business to drive implementations. The successful candidates will play an important role in that evolution.

We are looking for a candidate who enjoys shifting challenges, thinks creatively, possesses the confidence to have an opinion, takes the initiative and thrives under scrutiny and tight deadlines.

Examples of the key regulations owned by Reg Ops include MIFIR, G20 Derivative Reporting, Regulatory Costs Disclosures and Form ADV filings.

Job Purpose/Background:

This role will lead the relationship between the Reg Ops Regulatory Costs Disclosures team and BlackRock’s “Whole Portfolio Solutions” clients, reporting to the head of the Reg Costs team. The overall goal of this role is to act as subject matter expert within Reg Ops for the Multi-Asset Strategies and Solutions (MASS) business and their complex and fast growing client and fund base, interacting directly with clients and prospects as required, and designing, the robust, scalable processes required to meet their requirements. The successful candidate will work closely with Client, Portfolio Management, Aladdin and multiple Operations teams to implement those processes, and act as a critical adviser regarding the Whole Portfolio business pipeline and appropriately plan for inclusion in the BAU costs disclosures.

Key Responsibilities:

• Responsibility for identifying, designing and implementing strategic enhancements to bring MASS / OCIO requirements into the mainstream costs disclosures processes
• Oversight of those processes and their effectiveness, quality and timeliness
• Continued partnership with the Multi-Asset Strategies and Solutions (MASS) business to support increasing business demands
• Proactively engage Whole Portfolio Solutions clients and relevant industry forums providing subject matter expertise and thought leadership regarding costs disclosures
• Organise and run governance committees relating to the above

Development Value:

• Exposure to many business groups and the full range of investment products across Blackrock, specifically gaining specialist knowledge in Whole Portfolio Solutions Clients and the Multi-Asset Strategies and Solutions (MASS) business
• Exposure to global regulatory regimes and jurisdictions and key industry forums
• Further develop skills in committee governance, management reporting and managing data
• Opportunity to be part of and develop within a truly global international group and firm
• Future development opportunities within Business Operations and beyond in BlackRock

Knowledge/Experience:

• Experience of working in the financial services industry across a wide range of products
• Knowledge of Financial Services Regulations, ideally including fiduciary clients and / or costs disclosure requirements
• Experience of managing client relationships
• Experience of committee administration, project and risk management, resource allocation

Skills/Qualifications:

• Strong English Language skills, both verbal and written
• Proven track record of working within complex environments with non-standard processes
• Proficiency in PowerPoint and Excel essential to craft presentation materials and analyses

Competencies:

• Strong communication skills
• Ability to self manage workloads and work to deadlines
• Strong team player
• Analytical mind and approach
• Attention to detail
• Ability to facilitate compromise between conflicting requirements or points of view

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.