Associate, Risk and Controls
About this role
Team Overview
BlackRock SMA Solutions helps clients customize portfolios for unique tax values-alignment or investment exposures across direct indexing fixed income active equity and multi-asset. We deliver world-class service to all of our clients from wealth advisors to family offices to endowments and foundations.
About this Role
As a Risk and Controls Associate embedded within the business you will be responsible for identifying assessing and mitigating operational and strategic risks across key business processes. You will partner closely with cross-functional teams including but not limited to Client Portfolio Management Operations Technology and Compliance teams to ensure that controls are effectively designed and operating as intended. This role is central to maintaining BlackRocks high standards of governance transparency and fiduciary responsibility.
We work hard and move quickly as a well-coordinated collaborative team whose exceptional people are focused on providing extraordinary client service. If you are looking for an opportunity to grow and contribute in a fun industry-disruptive fast-paced environment SMA Solutions is the place for you.
Key responsibilities
Risk Aware Culture
- Maintain ongoing engagement with business stakeholders to monitor emerging risks operational changes and control enhancements in real time
- Interpret company policies and procedures and implement them within the business unit
- Develop business process policy risk management and controls documents
- Develop bespoke training to build deep understanding of firm policies and procedures
- Support culture of continuous improvement; identify opportunities to automate controls streamline processes and enhance risk visibility through data and analytics
- Support the opportunities for improvement (OFI) process and provide connectivity across relevant teams to address critical events and resolution
- Contribute to quarterly risk and control updates and leadership briefings
- Be a key contributor to a risk aware culture
Internal Audit Support
- Support audit preparation efforts across the business unit including documentation stakeholder alignment and pre-audit assessments
- Serve as point of contact for Internal Audit and ensure timely responses to audit requests
- Act as a subject matter expert on risk and control themes within the business translating audit findings into actionable business insights
- Facilitate cross-team collaboration during audit cycles and leverage learnings
- Support business leads to ensure all internal audit requirements are delivered timely and accurately
- Track and validate the implementation of agreed-upon remediation actions ensuring timely and sustainable resolution of audit issues
Qualifications
- 3 years of relevant experience in risk audit or business management within the asset management or broader financial services industry with a particular focus on risk and compliance frameworks
- Strong project coordination experience
- Strong analytical and problem-solving skills with the ability to synthesize information summarize issues and think creatively
- Strong proficiency and demonstrated experience working in all Microsoft Office applications particularly Microsoft Excel and PowerPoint; experience with data visualization tools is a plus
- Innovative always looking for ways to improve and enhance delivery exuding an entrepreneurial can-do attitude
- Ability to design develop and draft high quality policy and procedure documents
- Ability to manage multiple deliverables in a fast-paced environment
- Committed to a culture of excellence and a positive inclusive experience for all
- Team player who can work collaboratively and is inquisitive comfortable with ambiguity
- Exemplary communication skills (verbal and written)
- Superior interpersonal skills; able to communicate and partner at all seniority levels and regions
- High degree of professional discretion integrity and discernment
- BS/BA required
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.Our hybrid work model
BlackRocks 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 childrens 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. Its why were 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: is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race creed color national origin sex (including pregnancy and gender identity/expression) sexual orientation age ancestry physical or mental disability marital status political affiliation religion citizenship status genetic information veteran status or any other basis protected under applicable federal state or local law. View the and the
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process please email . All requests are treated in line with our .
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.Required Experience:
IC
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