Vice President, Business Audit - Private Markets

BlackRock • New York, NY

2d • Hybrid

About The Position

About this role 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. NYC: 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
• 6+ years of experience; preferably in financial services and/or internal audit, including an understanding of financial instruments and asset management processes and risks
• Demonstrated experience auditing or managing risk in Private Markets, with a focus on Private Credit (direct lending, special situations, real estate debt) and Infrastructure (energy, transportation, data centers).
• Familiarity with the operational, fiduciary, and valuation risks unique to Private Credit and Infrastructure investments, including capital management, transaction booking, and investor servicing.
• Proven ability to navigate complex organizational structures and cross-functional teams in global asset management environments, especially during periods of platform expansion and integration.
• Proficient understanding of current regulatory and industry events
• Audit Issue and Report Writing
• Developing Others
• Critical thinking and problem-solving abilities
• 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.
• Strong project management and organizational skills
• Data analysis
• Deep understanding of audit methodologies and risk assessment for Private Markets, including Private Credit and Infrastructure.
• Ability to synthesize market trends (e.g., growth in private credit, infrastructure as a core asset class) into actionable audit strategies.
• Strong stakeholder management skills, with experience engaging senior leaders in Private Markets, investment oversight, and operational risk.

Nice To Haves

• Relevant professional certifications are a plus (ACCA, CA, CIA, IMC, CFA); Candidates not currently certified will be expected to obtain relevant credentials as part of their development.

Responsibilities

• Lead and oversee audits across Private Markets, including Private Credit and Infrastructure businesses. This includes risk assessment, scope determination, test work, and reporting for direct lending, real estate private debt, leveraged finance, and infrastructure investments.
• Collaborate with Private Markets stakeholders to support integration activities (e.g., acquisitions of HPS Investment Partners and Global Infrastructure Partners), ensuring audit processes adapt to expanded business scope and complexity.
• Advise on audit coverage for new fund structures and evolving strategies in Private Markets, such as energy transition, and data center infrastructure, reflecting industry trends and client demand for private assets.
• Assistance in the formation of the annual audit plan through direct input, insight, and perspective around current business, industry, and regulatory risk factors
• Interact with regulatory examiners upon request
• People management responsibilities of audit staff, including coaching and feedback
• Identifying emerging firm-wide and business risks and understanding key changes in strategies and operating model through ongoing engagements with business management
• Completing annual risk assessments of business areas
• Leading or 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
• Number of Employees: 5,001-10,000 employees