BlackRock is the world's largest asset manager, dedicated to empowering employees to make a difference. The Associate in the Portfolio Compliance team will implement controls and processes to ensure compliance with regulatory and portfolio guidelines, while engaging with various business functions across the firm.
Responsibilities
- Pre-clearing syndicated primary market purchases to ensure that BlackRock affiliate and Client affiliate involvements are aligned with applicable exemptions/guidelines
- Finalizing prospectus document reviews and retrievals
- Liaising with Global Capital Markets, Legal and Compliance and Portfolio Management to clarify any missing queries with primary market reviews
- Pre-trade and Post-trade violation investigation & resolution
- Manual test execution
- Identification of coding issues
- Becoming acquainted with BlackRock’s various Aladdin applications, trade flow process, and data environment
- Crafting new system rules, improving existing compliance coding, and investigating or troubleshooting potential errors when needed
- Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes
- Leading or handling strategic projects and initiatives
Skills
- Bachelor's degree in finance or similar fields
- Experience supporting trade compliance activities, including primary market pre‑clearance, prospectus review, and investigation of pre‑ and post‑trade issues
- Strong systems aptitude with hands‑on exposure to compliance testing, rule execution, issue identification, and trade‑flow/data analysis
- Analytical, detail‑oriented mindset with the ability to partner cross‑functionally and contribute to process, control, and efficiency initiatives
- Knowledge of financial instruments and markets
- Strong interpersonal skills and work ethic
- Analytical mind and approach
- Attention to detail
- Dedicated approach to issue resolution
- Ability to recognize individual and team objectives and goals
- Ability to facilitate compromise between conflicting requirements or points of view
- Experience with Microsoft Office Suite
- Knowledge of programming languages (such as Visual Basic, C++, or Java)
- Understanding of relational database concepts (including SQL)
Benefits
- Annual discretionary bonus
- Healthcare
- Leave benefits
- Retirement benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Company Overview
BlackRock is an investment company that offers its services to institutions, intermediaries, foundations, and individual investors. It was founded in 1988, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is http://www.blackrock.com.