Associate, Investment Guidelines Compliance - Delaware

BlackRock • Wilmington, DE

31d • $82,000 - $108,000 • Hybrid

About The Position

About this role Portfolio Compliance Group Implementation Team Have a passion for the investment industry and an interest in programming? Are you a compliance professional who is looking for a rewarding, challenging, multi-faceted role with the world's largest asset manager? Look no further! BlackRock is currently seeking a Portfolio Compliance Implementation Vice President to become a member of our team. We recognize that strength comes from diversity, and will embrace a new joiner's rare skills, eagerness, and passion while giving the opportunity to grow professionally and as an individual. Team Overview: Our Portfolio Compliance Group (PCG) is accountable for implementing controls & processes to ensure we stay in line with all applicable regulatory and portfolio issued guidelines. We are very passionate about this opportunity! The successful candidate will have the opportunity to learn about all internal business departments and investment products across BlackRock globally. You can expect to acquire knowledge of global regulatory regimes and jurisdictions as well as an opportunity to grow, develop skills and build a strong network within the team and across the firm. Primary responsibilities include: The role is part of our Implementations team within PCG. You will be primarily responsible for interpreting and analyzing the investment guidelines of our clients and coding them into compliance system for BlackRock's internal and external clients. Our primary compliance system is Aladdin, where we code the guidelines using BlackRock’s proprietary coding language, which is similar to SQL. Key responsibilities include: Aladdin Business implementation – Lead compliance channel for the process of compliance guideline coding for external client Aladdin system implementations. Partner with the Global Implementations lead and Change Manager to develop and execute our regional strategy. New account coding – provide oversight and support the process as well, which requires interpreting the client’s investment guidelines from the executed Investment Management Agreement (IMA) and implementing the required controls through use of compliance rules in BlackRock’s Aladdin platform. Guideline changes – provide oversight and support the process through which a client may change their investment guideline provisions over time, based on their preferences or market conditions. The coding (i.e., controls) may need to be updated in Aladdin to reflect the client’s updated requirements. Crafting new compliance rules, improving existing compliance coding, and investigating / troubleshooting potential errors when needed. Through your training and performance of the role, you will also have exposure to the following: Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes. Leading or running strategic projects and initiatives.

Requirements

• Strong Aladdin Knowledge, including Aladdin applications, trade flow process and data environment to review business processes of Aladdin Business Clients.
• Strong knowledge of Aladdin Compliance tools, including Monitoring tools (Dashboard, Compliance Research Hub, Compliance Workbench).
• Ability to code compliance rules in Aladdin.
• Strong technical knowledge will be a significant advantage. Specifically, knowledge of programming languages (such as Visual Basic, C++, Java, or Python) and an understanding of relational database concepts (including SQL).
• Strong Microsoft Office knowledge.
• Proven interpersonal skills.
• Strong multi-tasking skills and attention to detail.
• Dedicated approach to issue resolution.
• Ability to handle complexity and not being afraid to ask difficult questions.
• Professional working proficiency in both Japanese and English.

Responsibilities

• Aladdin Business implementation – Lead compliance channel for the process of compliance guideline coding for external client Aladdin system implementations.
• Partner with the Global Implementations lead and Change Manager to develop and execute our regional strategy.
• New account coding – provide oversight and support the process as well, which requires interpreting the client’s investment guidelines from the executed Investment Management Agreement (IMA) and implementing the required controls through use of compliance rules in BlackRock’s Aladdin platform.
• Guideline changes – provide oversight and support the process through which a client may change their investment guideline provisions over time, based on their preferences or market conditions.
• The coding (i.e., controls) may need to be updated in Aladdin to reflect the client’s updated requirements.
• Crafting new compliance rules, improving existing compliance coding, and investigating / 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 running strategic projects and initiatives.

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: Entry Level
• Education Level: No Education Listed