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BlackRock
Wilmington, DE | Full Time
$52k-74k (estimate)
1 Week Ago
BlackRock
Wilmington, DE | Full Time
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Portfolio Compliance Analyst
BlackRock Wilmington, DE
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$52k-74k (estimate)
Full Time 1 Week Ago
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BlackRock is Hiring a Portfolio Compliance Analyst Near Wilmington, DE

**About this role**

**Portfolio Compliance Team | Analyst**

Want to elevate your career by being a part of the world's largest asset manager? Do you love working in an environment that develops positive relationships and recognizes outstanding performance? Look no further! We know you want to feel valued every single day and be recognized for consistent contribution. At BlackRock, we strive to empower our employees to make a difference and actively engage your involvement in our success.

BlackRock is currently seeking professionals at the Analyst level to become part of our Portfolio Compliance team.

**Team overview**

The Portfolio Compliance Group (PCG) is a global group which sits within Global Accounting and Product Services ('GAAPS'), one of the essential functions within the Business Operations & Technology Group at BlackRock. Portfolio Compliance is responsible for implementing controls and processes to ensure compliance with all applicable regulatory and portfolio guidelines. The team fulfills this mission primarily by extracting, analyzing, coding and monitoring client and regulatory investment guidelines on the firms Aladdin system. We are engaged with and provide innovative services to many other departments and functions across the firm, including portfolio management, client services, trading, technology, operations and legal. We are also responsible for disclosing and reporting various information to fund boards and clients, including sub-advised clients.

**Role responsibility**

Responsibilities are dynamic, but typically include:

**Key responsibilities:**

Investment guideline monitoring of both BlackRock investment funds and client mandates

Pre-trade and Post-trade investment guideline exception investigation & resolution

Working closely with portfolio management and other partners to ensure portfolio compliance

Manual test execution

Identification of investment guideline coding issues

Becoming acquainted with BlackRocks various Aladdin applications, trade flow process, and data environment

Investigating or troubleshooting potential errors when needed

Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes

Reviewing system reports of shareholdings against trade movements, and reporting holdings that have reached prescribed thresholds

Submitting disclosures in an accurate and timely manner & maintaining clear records of all filings and communications

Identifying holdings that are approaching prescribed threshold limits and engaging portfolio managers to allocate limited investment capacity, ensuring the best possible outcome for our clients

Communicating with regulators and internal legal counsel regarding complex, sensitive topics

**Development value:**

Exposure to multiple business organizations and investment products across BlackRock globally

Daily interaction with key business organizations such as portfolio management, trading and client service professionals, Legal & Compliance, and Investment Stewardship in a fast-paced team environment

Opportunity to take responsibility and ownership for both individual projects and team goals

Visibility in being a PCG service champion for both internal and external clients

Learn about various global regulatory reporting requirements and stay up to date on regulatory changes our framework

Tackle and solve complex problems in an ever-changing environment, with a target on process optimization, data & technology in a pragmatic approach.

**Knowledge / experience:**

College graduates with a background in finance or similar fields are preferred. Knowledge of financial instruments and markets is helpful. Although not required, knowledge of programming languages (such as Visual Basic, C , or Java) and an understanding of relational database concepts (including SQL) are beneficial.

**Competencies:**

Strong IT Skills

Strong interpersonal skills and work ethic

Analytical mind and approach

Attention to detail

Dedicated approach to issue resolution

Ability to recognize individual and team objectives and goals

Ability to facilitate compromise between conflicting requirements or points of view

Excellent communication skills (written and verbal) to work directly with clients and across all levels of staff and management. Ability to convey complex concepts simply and clearly to target audience

**Manager comments**

We recognize that strength comes from diversity, and will adopt your rare skills, eagerness, and passion while giving you the opportunity to grow professionally and as an individual. Come join our team and experience what it feels like to be part of an organization that makes a difference.

#EarlyCareers

**Our benefits**

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

**Our hybrid work model**

BlackRocks 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 childrens 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. Its why were 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 and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

Job Summary

JOB TYPE

Full Time

SALARY

$52k-74k (estimate)

POST DATE

05/02/2024

EXPIRATION DATE

05/15/2024

WEBSITE

blackrock.com

HEADQUARTERS

SAN FRANCISCO, CA

SIZE

15,000 - 50,000

FOUNDED

1988

REVENUE

$10B - $50B

INDUSTRY

Investment Management

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The following is the career advancement route for Portfolio Compliance Analyst positions, which can be used as a reference in future career path planning. As a Portfolio Compliance Analyst, it can be promoted into senior positions as a Compliance Analyst (Banking), Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Portfolio Compliance Analyst. You can explore the career advancement for a Portfolio Compliance Analyst below and select your interested title to get hiring information.

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