VP -Business Audit-Digital Assets

About this role

Internal Audit's primary mission is to provide assurance to the Board of Directors and Executive Management that Black Rock's businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of Black Rock'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 Black Rock will meet its obligations to clients, shareholders, employees and other stakeholders.

With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all Black Rock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses.

• The London office, located in the heart of the City of London, serves as Black Rock's EMEA headquarters and is home to over 3,200 employees. It plays a crucial role in the firm's global operations, supporting various business units including Investment Management, Sales, Trading, Client Business, Risk Management, Operations, Finance, and Legal and Compliance.

The Vice President, Business Audit is responsible for leading and executing audits, including those with a focus on digital asset operations, and emerging fintech platforms. This role requires expertise in digital asset risk, blockchain technology, and regulatory compliance across all digital asset activities.

• Project managing and leading the execution of audits (global and regional) across all Black Rock business units: investment management, risk management, operations, finance, legal and compliance, and client businesses, including digital assets
• Responsibilities include all aspects of the audit process (e.g., risk assessment; scope determination; test work; audit issue and report writing)
• Lead audits of digital asset processes, including custody, trading, settlement, and platform integration and other Black Rock business areas.
• Assess risks, controls, and compliance frameworks for cryptoassets, stable coins, tokenized securities, and blockchain-based operations.
• Collaborate with technology, risk, and business teams to drive audit coverage and support the firm's digital asset strategy. Engage with internal and external partners to identify emerging risks and opportunities
• Apply advanced data analytics and AI tools to audit digital asset transactions, access management, and operational anomalies. Leverage technology platforms (e.g., Aladdin, Tableau) for continuous improvement and innovation in audit engagements.
• 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
• Maintain up-to-date knowledge of evolving regulatory requirements and industry trends in digital assets, blockchain, and fintech. Ensure audit coverage adapts to innovations and changing compliance landscapes.

• Completing annual risk assessments of business areas

• Leading or contributing to global departmental projects

• Travel to regional and international locations may be required

• 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
• Digital Asset Audit Expertise:
  Ability to assess risks, controls, and compliance frameworks for digital assets (e.g., cryptoassets, stable coins, tokenized securities) across custody, trading, settlement, and platform integration.
• Deep understanding of Blockchain / Digital Ledger Technology:
  • Fundamental operation of blockchain
  • Differences between public and private chains
  • Transaction recording / verification processes
• Understanding of Cryptography and Private Key Management
• Understanding of Cybersecurity in general, specifically concerning fraud and threat detection
• Understanding of Logic / Programming supporting smart contracts
• Demonstrated ability to identify emerging risks and opportunities in digital asset ecosystems, and to synthesize market and technology trends into actionable audit strategies

• 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

• Relevant professional certifications are a plus (ACCA, CA, CIA, IMC, CFA, CISA);
  Candidates not currently certified will be expected to obtain relevant credentials as part of their development.

• Audit Issue…