Associate, Finance Controls

BlackRock • New York, NY

3d • $100,000 - $130,000 • Hybrid

About The Position

BlackRock Finance & Strategy (F&S) is a global organization comprising professionals across disciplines including Financial Planning & Analysis (FP&A), Corporate Strategy & Development, Controllers, Finance Controls, Treasury, Tax, Investor Relations and Global Strategic Sourcing. Finance Controls is a global team with presence in New York, Princeton, Edinburgh and Budapest. The Service Organization Reporting (“SOR”) Team specifically has individuals in New York and Princeton. Job Purpose/Background: BlackRock has professionals dedicated to the production and delivery of internal control reports (service organization reports including SSAE 18 and ISAE 3402 Reports) to clients. These individuals actively work with the business (including relationship management, portfolio management, business operations, legal and compliance, and technology personnel), as well as the external service auditors. The SOR Team provides coordination and oversight for documenting and testing controls with the business and service auditors. On a regular basis, this group provides status updates and discusses service organization reporting related topics with senior management. This group also works closely with other risk and control disciplines, such as Financial Controls Reporting, Internal Audit and Enterprise Risk Management (including Operational Risk and Technology Risk). A successful candidate will develop strong relationships across BlackRock, develop a broad understanding of the products and services offered by the firm, develop a strong understanding of internal controls and deliver value-added services and recommendations to strengthen the risk and control environment.

Requirements

• 3-5 years of prior internal controls experience
• Bachelors degree in Accounting or Finance
• Strong project management, organizational and interpersonal skills
• Possess a strong internal drive and motivation for continuous improvement
• Possess a high degree of integrity as well as the ability to adhere to both company policies and best practices
• Ability to manage multiple priorities successfully within a deadline-driven environment
• Excellent communication (oral, written and listening) skills
• Critical thinking and problem-solving ability
• Ability to develop effective working relationships with business and risk and control functions
• Accuracy and attention to detail
• Strong knowledge of Microsoft Office Suite (e.g., Excel, Word)

Nice To Haves

• Professional qualification preferred (e.g., CPA, CISA, IIA) or in-progress

Responsibilities

• Assist in the oversight and coordination for delivery of service organization reports globally
• Work with the business and external service auditors to enhance SOR content, update report details and provide relevant documentation to the service auditors
• Support the implementation of a coordinated approach by participating in walkthroughs with business executives, recommending potential control enhancements and conducting follow-up in preparation for the annual service organization report reviews
• Coordinate the day-to-day follow-up with service auditors during their fieldwork to ensure projected timelines are met
• Oversee the distribution of the service organization reports based on requests from clients and prospective clients
• Coordinate activities with other risk and control functions
• Demonstrate knowledge of professional standards/practices and apply knowledge in performing work
• Effectively communicate both internally and externally to build positive relationships and understand key aspects of services provided to clients
• Assist other individuals within the control function, including Financial Controls Reporting and Auditor Independence

Benefits

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

What This Job Offers

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