Active and Outcome ETF Compliance

Job Description

About this role

Role Description:

We are looking for a Vice President to provide regulatory oversight of Active ETFs. The successful candidate will work with other teams and businesses across EMEA to manage the regulatory risks and compliance of our fund offerings in multiple countries. This includes both active and passive strategies across different asset classes.

The successful candidate will be part of the Line of Business compliance team which is responsible for providing professional compliance advice and oversight to BlackRock’s Global Product Group and Portfolio Management Group in the EMEA Region. This includes advice on EU and UK domiciled UCITS and AIFs and Life funds. The candidate will also advise on investment guidelines, support product implementation, engage with third-party trustees and depositaries, and fund management company boards.

The ideal candidate will have relevant regulatory knowledge and experience in financial services, with at least 5 years of experience with a ‘buy-side’ asset manager. The candidate should have experience with EU fund regulation such as UCITS and knowledge of SFDR and PRIIPs.

Key Responsibilities:

• Work closely with portfolio managers and other investment staff to advise on the regulatory framework, including UCITS and ESG disclosure requirements.
• Provide advisory support for the coding framework for our EMEA domiciled Active ETF fund ranges.
• Work on projects to support the product pipeline, including new fund launches, closures, mergers, and fund changes.
• Provide proactive compliance advice, including to the Irish Board(s).
• Be responsible for and liaise with third-party service providers, including depositories, auditors, administrators, and fund accountants.
• Coordinate projects that involve teamwork across different Lines of Business, including regulatory change developments.
• Implement regulatory changes regarding fund regulation (such as AIFMD, UCITS, SFDR, PRIIPs).
• Report and communicate on Compliance matters to senior management, corporate and/or fund boards, and BlackRock business partners.
• Maintain relationships with key partners within the business.

Knowledge/Experience:

• Compliance advisory experience within a ‘buy-side’ asset manager, with experience of Active ETFs a bonus.
• Excellent interpersonal skills, with energy, passion, resilience, resourcefulness, tact, and good judgment under pressure.
• Strong communication skills and the ability to explain complex situations to senior business representatives.
• Ability to develop strategies to lead a changing regulatory environment.
• Ability to build and maintain successful relationships.
• Self-motivated and solutions-driven, with the ability to use initiative and think creatively to solve problems.
• Strong presentation skills and effective writing.
• Persuasive and influential in providing Compliance advice to internal clients.
• High standard of accuracy and excellent attention to detail.
• Ability to collaborate across teams/functions and work independently with minimal supervision.
• Knowledge of Irish UCITS & SFDR is an advantage (UK and Lux also considered).
• Experience with funds offering an environmental and sustainable investment outlook is also an advantage.

Qualifications:

• 5+ years of experience in financial services with a focus on regulation.
• Educated to degree level, possibly with a professional qualification e.g., ACA, CFA, IMC.
• Solid understanding of Fund Regulation, including UCITS and AIFMD.

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.