Portfolio Compliance Disclosures, Analyst

About this role

About BlackRock

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 effectively engage your involvement in our success.

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified individuals without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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 the Business Operations 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 firm’s 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.

This role sits in the Disclosures Reporting Team and primarily focuses on monitoring and reporting of major shareholdings, short selling activities and Takeover Panel transactions. The remit of the role covers all major global investments. We are also responsible for disclosing and reporting various information to fund boards and clients, including sub-advised clients.

You like to:

• Build strong relationships with colleagues from Portfolio Management, Institutional Client Business, Legal & Compliance, and Investment Stewardship and works closely with Business Operations and Technology
• Learn about numerous global regulatory regimes and jurisdictions, and stay up to date on regulatory changes that may impact the team
• Take on and solve complex problems in an ever-changing environment, with a target on process optimization, data & technology in a pragmatic approach.

Daily tasks may include:

• Reviewing system reports of shareholdings against trade movements, and reporting holdings that have reached prescribed thresholds
• Prioritizing and submitting of necessary 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 globally to allocate limited investment capacity, ensuring the best possible outcome for our clients
• Working with partners to improve processes and controls that build capacity and scale, and supporting automation
• Monitoring overall data collection status from various global functional teams
• Preparing monthly and quarterly Sub-Advised client certificates, in accordance with client guidelines and various SEC regulations
• Building and validating detailed daily, monthly, and quarterly cross trade reports
• Performing ad-hoc analysis for the Client Service Management team and sub-advised clients
• Maintaining procedures across all processes to ensure high-level quality control
• Communicating with regulators and internal legal counsel regarding sophisticated, sensitive topics

Qualifications:

• Bachelor’s degree or equivalent in a related field (preferred but not required)
• Experience in working with and building strong and positive relationships with both internal and external partners
• Strong control / risk mitigation mentality; ability to apply proven judgement as to when to raise issues.
• Proficiency in all Microsoft Office applications and strong IT skills, including experience with Visual Basic and SQL (preferable)
• Excellent written and verbal communication skills with the ability to convey complex concepts simply and clearly to target audience
• Focus on continuous improvement and process innovation.

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 | Twitter: @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.