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Portfolio Compliance Implementation - Vice President

BlackRock

Portfolio Compliance Implementation - Vice President

BlackRock

Edinburgh, Scotland

·

On-site

·

Full-time

·

3d ago

About this role

Portfolio Compliance Group Implementation Team

Have a passion for the investment industry and an interest in programming? Are you a compliance professional who is looking for a rewarding, challenging, multi-faceted role with the world's largest asset manager? Look no further! Black Rock is currently seeking a Portfolio Compliance Implementation Vice President to become a member of our team. We recognize that strength comes from diversity, and will embrace a new joiner's rare skills, eagerness, and passion while giving the opportunity to grow professionally and as an individual.

Team Overview:

Our Portfolio Compliance Group (PCG) is accountable for implementing controls & processes to ensure we stay in line with all applicable regulatory and portfolio issued guidelines.

We are very passionate about this opportunity! The successful candidate will have the opportunity to learn about all internal business departments and investment products across Black Rock globally. You can expect to acquire knowledge of global regulatory regimes and jurisdictions as well as an opportunity to grow, develop skills and build a strong network within the team and across the firm.

Primary responsibilities include:

The role is part of our Implementations team within PCG. You will be primarily responsible for interpreting and analyzing the investment guidelines of our clients and coding them into compliance system for Black Rock's internal and external clients. Our primary compliance system is Aladdin, where we code the guidelines using Black Rock’s proprietary coding language, which is similar to SQL. Key responsibilities include:

  • New account coding – provide oversight and support the process of interpreting the client’s investment guidelines from the executed Investment Management Agreement (IMA) and implementing the required controls through use of compliance rules in Black Rock’s Aladdin platform.
  • Guideline changes – provide oversight and support the process through which a client may change their investment guideline provisions over time, based on their preferences or market conditions. The coding (i.e., controls) may need to be updated in Aladdin to reflect the client’s updated requirements.
  • Crafting new compliance rules, improving existing compliance coding, and investigating / troubleshooting potential errors when needed.
  • Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes.
  • Leading or running strategic projects and initiatives.
  • Building relationships with key stakeholders, developing expertise and driving change to effectively support the nuances of their business.
  • Utilising AI and other technologies to build scale and manage risk

To be successful, candidates will have to demonstrate the following skills:

  • Extensive experience working in the investment management industry and knowledge of investment products, along with a background in finance or similar fields.
  • Strong technical knowledge will be a significant advantage. Specifically, knowledge of programming languages (such as Visual Basic, C++, Java, or Python) and an understanding of relational database concepts (including SQL).
  • Coding experience within Compliance Monitoring tools (Aladdin, Sentinel, Charles River, or In-House systems) (preferable).
  • Strong Microsoft Office knowledge.

We are a global firm, and we need someone who is confident in working as part of a team that spans many functions, geographies and partners with a pragmatic approach and good judgement.

This role demands strong time management, being able to prioritize and keeping calm under pressure in what can be a challenging environment.

Other key skills we are looking for include:

  • Proven interpersonal skills.
  • Strong multi-tasking skills and attention to detail.
  • Dedicated approach to issue resolution.
  • Ability to handle complexity and not being afraid to ask difficult questions.

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

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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

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About BlackRock

BlackRock

BlackRock

Public

Multinational investment company.

10,001+

Employees

New York City

Headquarters

Reviews

3.5

5 reviews

Work Life Balance

2.2

Compensation

3.5

Culture

3.0

Career

4.2

Management

2.8

Pros

Fast-paced learning and development opportunities

Advanced technology and global platform

Good benefits and retirement packages

Cons

Poor work-life balance

High stress and competitive environment

Toxic work culture in some areas

Salary Ranges

7,021 data points

Junior/L3

L2

L3

L4

L5

L6

Senior/L5

VP

Intern

Director

Junior/L3 · Associate

2,381 reports

$174,442

total / year

Base

$145,484

Stock

-

Bonus

$28,958

$126,170

$246,507

Interview Experience

6 interviews

Difficulty

3.3

/ 5

Duration

14-28 weeks

Offer Rate

17%

Interview Process

1

HireVue

2

Online Assessment

3

Final Round/Superday

Common Questions

Technical interviews

Behavioral questions

Role-specific assessments