Associate, Business Audit

BlackRock • New York, NY

7d • $105,000 - $137,500 • Hybrid

About The Position

About this role Internal Audit Internal Audit’s primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock’s businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock’s individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results. Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders. Business Audit With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses. New York BlackRock's global headquarters at 50 Hudson Yards, NYC, offers state-of-the-art facilities including a cafeteria, amenity spaces, private sky lobbies, and impressive Hudson River views. 50 Hudson Yards offers direct access to the No. 7 Subway station and has entrances on Hudson Park & Boulevard, 10th Avenue, 33rd Street, and 34th Street. It is located two blocks from Penn Station.

Requirements

• Undergraduate or graduate degree
• 3+ years of experience; preferably in financial services and/or internal audit, including an understanding of financial instruments and asset management processes and risks
• Interest in broad exposure to investment management, sales, trading, operations, risk management, finance, and compliance activities in the asset management industry
• Proficient understanding of current regulatory and industry events
• Excellent communication (verbal, written, listening) and interpersonal skills.
• Ability to develop and maintain effective working relationships with peers and business partners.
• Intellectual curiosity and healthy skepticism
• Ability to articulate complex subject matters succinctly.
• Critical thinking and problem-solving abilities
• Strong project management and organizational skills
• Data analysis

Nice To Haves

• Relevant professional certifications are a plus (ACCA, CA, CIA, IMC, CPA)

Responsibilities

• Performing regional, global, and integrated audit reviews
• Engaging with BlackRock stakeholders to understand and document key processes risks, and controls within a specific business unit
• Preparing process narratives and briefing memos
• Evaluating process and operations to analyze the design and effectiveness of these processes
• Investigating and escalating issues identified during testing
• Validating the remediation of issues
• Identifying emerging firm-wide and business risks and understanding key changes in strategies and operating mode through ongoing engagements with business management
• Supporting annual risk assessments of business areas
• Contributing to global departmental projects
• Travel to regional and international locations may be required

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level