Associate, Line of Business Advisory Compliance

About this role

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Overview:

Black Rock's Compliance Department protects Black Rock’s reputation and provides client focussed advice. The department is a dynamic environment with a focus on understanding and advising on the impact of regulation in our business, with the objective of:

Actively participating in business decisions to champion our clients’ interests and assist the business in translating compliance requirements and expectations into their daily work.

Putting client interests at the centre of everything we do.

Ensuring adherence to, and providing advice on, applicable laws, regulations, and Black Rock Compliance policies.

Collaborating with the business to position Compliance centrally into their daily work.

Encouraging and improving the compliance culture within Black Rock.

Providing thought leadership, analysis, and advice on the impact of the regulatory framework on the business and its clients

Developing and encouraging excellence within the Compliance team; and

Actively developing the skills and careers of each member of the Compliance team.

Role Profile

Role

Description:

An exciting opportunity has arisen for an Associate to join our EMEA Investment & Trading Compliance team, which includes supporting our Portfolio Management Group businesses and our Trade & Transaction Reporting framework. This position will complement an existing team of expert compliance professionals based in Edinburgh.

Investments and Trading:

The Investments and Trading Compliance Team is responsible for providing timely and high-quality compliance oversight of front line of business activities supporting Equities, Fixed Income, Multi-Asset and Trading. The Investment and Trading Compliance team also provides regulatory oversight of Black Rock Capital Markets, Securities Lending, Transitions Management, Stewardship and Regulatory Reporting. The Investment and Trading Compliance Team are trusted advisers and are pro-active in understanding the businesses, their strategic goals, and initiatives.

This role is necessarily broad, and we provide professional compliance advice, support, challenge and oversight on business development, conflicts, market abuse, regulatory implementation, investment allocation, aggregation, reallocation, policy and procedure design.

Our ideal candidate should have proven Compliance experience within the asset management or Investment Banking industry and will have gained expertise in Equities and Fixed Income, as well as providing timely and value-add regulatory advice. Experience in collaborating with investment professionals, legal and corporate functions would be a distinct advantage.

The successful candidate will exhibit sound partnership, regulatory and relationship management skills. The strength of character to offer credible challenge will be essential, as will be the ability to engage successfully with stakeholders at all levels of the business.

• Providing qualitative compliance advice to all BGM Business units including Trading, Securities Lending, Transition Management, Black Rock Investment Stewardship and ETF Capital Markets, ensuring that regulatory issues are managed and escalated as necessary.
• Liaising with portfolio managers, traders and other investment staff on regulatory matters including the eligibility of instruments within portfolios and the application of Black Rock’s compliance policies, e.g., trade crosses, error correction, fair allocation, best execution, inside information and wall-crossings and short selling.
• Working with global counterparts in the US and APAC to ensure a level of consistency globally, leveraging best practice wherever possible.
• Delivering periodic compliance training to our businesses on matters including but not limited to market abuse, information barriers and conflicts of interest.
• Preparation and delivery of management information, reports and presentations to department and business unit management, internal committees and regulatory bodies as required.
• Responsible for ensuring timely advice and support on compliance matters related to business projects and business strategy.
• Providing support and advice on re-allocation requests…