Portfolio Compliance Implementations Analyst

BlackRock • Wilmington, DE

297d • $61,750 - $82,000 • Remote

About The Position

BlackRock is currently seeking a Portfolio Compliance Implementation Associate 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. 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. 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 also across the firm.

Requirements

• Experience of working in the investment management industry and knowledge of investment products.
• Background in finance or similar fields.
• Strong technical knowledge, specifically knowledge of programming languages (such as Visual Basic, C++, or Java).
• Understanding of relational database concepts (including SQL).
• Aladdin suite experience.
• Coding experience within Compliance Monitoring tools (Aladdin, Sentinel, Charles River, thinkFolio, or In-House systems) is preferable.
• 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.

Responsibilities

• Interpreting and analyzing the investment guidelines of clients and coding them into BlackRock's compliance system.
• Coding new accounts by interpreting the client's investment guidelines from the completed Investment Management Agreement (IMA) and implementing the required controls through coding of compliance rules in BlackRock's Aladdin platform.
• Supporting the process through which a client may change their investment guideline provisions over time.
• Updating coding in Aladdin to reflect updated requirements for clients.
• Maintaining restrictions on behalf of Legal & Compliance.
• Crafting new system rules, improving existing compliance coding, and investigating or troubleshooting potential errors.
• Coordinating the implementation of Manual tests where a rule cannot be implemented in Aladdin.
• 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

• Strong retirement plan.
• Tuition reimbursement.
• Comprehensive healthcare.
• Support for working parents.
• Flexible Time Off (FTO).
• Annual discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: Bachelor's degree