About this role

Portfolio Compliance Associate on the Monitoring Team

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 Black Rock, we strive to empower our employees to make a difference and actively engage your involvement in our success.

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 Black Rock. 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.

Role Responsibility

Responsibilities are dynamic, but typically include:

• Investment guideline monitoring of both Black Rock 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 Black Rock’s 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

Development Value:

• Exposure to multiple business organizations and investment products across Black Rock globally

• Daily interaction with key business organizations such as portfolio management, trading and client service professionals 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

• Exposure to global regulatory jurisdictions and frameworks

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

For Princeton, NJ Only the salary range for this position is USD**$90,000.00** - USD**$120,000.00** . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. Black Rock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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

Black Rock’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 Black Rock.

About Black Rock

At Black Rock, 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 Black Rock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Black Rock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

Black Rock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.

Assistance@blackrock.com. All requests are treated in line with our privacy policy.

Black Rock 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.