Vice President, Business Audit

BlackRock•New York, NY

1d•$137,500 - $194,000•Hybrid

About The Position

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. The Business Audit Team performs audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses.

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
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
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

Nice To Haves

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

Responsibilities

Project managing and leading the execution of audits (global, regional, and integrated) in aforementioned areas.
Responsibilities include all aspects of the audit process (e.g. risk assessment; scope determination; test work; audit issue and report writing)
Relationship management of primary Internal Audit business stakeholders for lines of business, including acting as the primary Internal Audit business engagement liaison for one or more lines of business
Providing advisory services during the development of new businesses and systems
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