About this role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Business Unit Overview:

The growing and increasingly complex regulatory requirements that BlackRock must meet necessitate strong focus on the implementation of both significant new regulations and amendments to existing regulations that have a material impact on the firm’s regulatory obligations.

The Compliance team supports BlackRock in meeting its regulatory obligations and mitigating the related risks. The team provides guidance, oversight, training, and monitoring to ensure that BlackRock's business activities are conducted in accordance with applicable laws, rules, and regulations.

The Performance team is a specialized sub-team within the Lind of Business Compliance Advisory team that focuses on the management and implementation of complex regulatory and business changes as well as internal efficiencies. The team works closely with other teams across Legal and Compliance as well as the broader BlackRock business to implement programmes of work spanning a variety of business and regulatory risks and changes.

Role Description:

An exciting opportunity has arisen for an Associate to join the Performance team in BlackRock’s Budapest office. This role is within the Performance team, within the Line of Business (LOB) Compliance Department, forming part of Legal & Compliance (L&C) function across EMEA.

The Performance Team is responsible for the provision of a center of excellence for regulatory change management discipline and process improvement for managing regulatory risk, across LOB Compliance and the wider EMEA Compliance department. As a member of the Performance Team the successful candidate will report directly to the Head of the Performance Team and will be required to support the delivery of the Performance Team strategy for the year and the EMEA Head of Compliance with the discharge of their obligations.

Key responsibilities/elements of the role will include:

• Assisting in the embedment of a strategic regulatory change framework for improved delivery and oversight of regulatory obligations across L&C;

• Supporting the delivery of internally and externally driven change and regulatory initiatives, whilst applying strong project/change management disciplines to ensure consistently high standards of implementation and adoption of best practices;

• In partnership with Business partners and L&C colleagues, identifying the scope and impact of regulatory changes on Business processes and the steps required to implement them;

• Assisting in advising Business partners on the design and embedment of required control frameworks to ensure ongoing regulatory compliance;

• In partnership with L&C colleagues, support the generation and maintenance of documented interpretive guidance and Compliance policies;

• Working with L&C colleagues in designing and executing risk-based post implementation verification tests of the outputs from Business processes, to ensure consistency with regulatory requirements and expectations.

Knowledge/experience :

• At least 3 years of relevant experience in Compliance, Legal, Audit, Change Management and/or Technology disciplines, preferably obtained within either the asset management or investment banking sectors;

• Basic knowledge and understanding of the current UK (and preferably EU) regulatory landscape;

• Experience in supporting the design, management, and delivery of strategic, complex regulatory change programmes;

• Strong organizational and planning skills;

• Ability to work autonomously and as part of a team to identify risks and drive regulatory change;

• Strong communication skills with experience of managing different viewpoints to reach a consensus;

• Ability to actively participate in both internal and external team discussions and facilitate and steer dialogue with the wider L&C and Business community;

• Driven by a need for excellence, process improvement, and delivery with a high degree of rigor, a constructively questioning approach, and always to an audit-ready standard.

Qualifications

• University degree or professional qualifications in relevant fields such as Compliance, Law, Finance, Accountancy, Programme Management;

• Strong written and verbal communication skills are critical, as are a high standard of accuracy and excellent attention to detail;

• Ability to work in and enjoy a fast-paced and challenging working environment;

• High degree of control focus;

• Student of technology that stays abreast of new and emerging tools that have the potential to positively transform Compliance processes;

• An outperformer who strives to achieve and exceed set targets and objectives

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.