VP, EMEA Regulatory Developments

Description

About this role

BlackRock's Compliance Department protects BlackRock's reputation and provides client focussed advice. It identifies, understands, challenges and advises on the impact of regulation in our business, with the objective of:

• Actively participating in business decisions in order to champion our clients' interests;
• Collaborating with the business to position Compliance centrally into their daily work;
• Ensuring that client interests are at the centre of everything we do;
• Cultivating and enhancing the compliance culture within BlackRock;
• Providing thought leadership, analysis and advice on the impact of the regulatory framework on the business and its clients; and
• Developing and fostering excellence within the Compliance team.

Role Description:

An exciting opportunity has become available for a Vice President (VP) to join BlackRock's Regulatory Engagement and Developments (RED) Compliance team. The successful candidate will support RED in EMEA in enabling BlackRock to meet its regulatory obligations by leading efforts to identify forthcoming regulation and legislation which impacts the firm, undertaking impact analysis, communicating these changes, driving the initiation of implementation efforts and thereafter facilitating oversight of implementation. The individual will act as a subject matter expert on regulatory developments, both from the perspective of the regulatory and legislative processes, and also from the internal BlackRock processes operated. This senior position will directly report into the EMEA Head of Regulatory Engagement and Developments.

The RED Team are a trusted team of compliance professionals who are responsible for maintaining and fostering proactive relationships with supervisory regulatory authorities, identifying, assessing and communicating regulatory developments within BlackRock, and providing compliance advice and support to the firm in understanding and complying with regulations relating to transaction reporting responsibilities.

The growing and increasingly complex regulatory requirements that BlackRock must meet necessitate strong focus on the implementation of both significant new regulations and amendments to existing regulations that have a material impact on the firm's regulatory obligations.

This role will require the successful candidate to advise on and oversee the implementation of regulatory development projects. This will involve providing interpretation and advice on implementation. This role is necessarily broad, covering every facet of regulation and legislation impacting BlackRock in EMEA, and will necessitate the provision of compliance advice, support, challenge and oversight including on impact analysis, and regulatory implementation.

The candidate should be able to demonstrate relevant regulatory knowledge and experience within financial services having gained at least five years relevant Compliance experience with a major global asset manager, investment bank, regulator or consultancy firm. The candidate must have a successful record in collaborating with stakeholders and exhibit strong partnership, technical regulatory and relationship management skills. A highly motivated self-starter, the successful candidate will demonstrate sound judgment, excellent technical and regulatory knowledge, a strong team ethic, combined with high energy, enthusiasm, resilience, tenacity, diplomacy and relationship management and management skills. All candidates will need to demonstrate success in maintaining strong working relations on a local and possibly global stage.

Key responsibilities/elements of the role will include:

• Act as Compliance subject matter expert on regulatory developments across EMEA;
• Identifying and analysing regulatory developments, and working in partnership with relevant stakeholders, including other Legal and Compliance colleagues, to interpret and translate the scope and impact of regulatory developments on business processes;
• Communication of new regulatory developments through appropriate media to relevant stakeholders throughout BlackRock, with advice provided to impacted business areas on new or altered regulatory requirements;
• Generating periodic and ad hoc reports on the status of regulatory developments and their impact on BlackRock, with associated delivery of management information;
• Facilitation of the EMEA Regulatory Oversight Committee;
• Maintain internal web-based content on regulatory developments for use by interested parties throughout the firm;
• Working with global counterparts in the US and APAC to ensure a level of consistency globally, leveraging best practice wherever possible; and
• Preparation and delivery of management information, reports and presentations to department and business unit management, management company boards and regulatory bodies as required.

Knowledge/experience :

The ideal candidate will have:

• Compliance experience within a 'buy-side' asset manager, investment bank, regulator, or consultancy firm associated with regulatory developments, and a strong personality, combining energy, enthusiasm, resilience, tenacity, diplomacy and above all, sound judgement under pressure;
• Strong knowledge of the UK and EU regulatory environment;
• Ability to articulate complex issues in a clear and concise manner. Strong presentation skills and effective in writing;
• High standard of accuracy and excellent attention to detail. High levels of intellectual rigour and curiosity also an advantage;
• Excellent organisational skills - ability to prioritise own workload and adhere to tight deadlines; and
• Ability to collaborate across teams/functions and also autonomously with minimal supervision.

Qualifications

• 5+ years financial services experience with a focus on regulation;
• Educated to degree level, possibly with a professional qualification e.g., ACA, CFA, IMC;
• Strong working knowledge of UK and EU regulatory and legislative framework and policy development processes;
• Self-starter. Ability to drive forward work plans under minimal supervision;
• Collaborative team player;
• Excellent written/oral communication including ability to escalate where necessary;
• Ability to prioritise workloads and adhere to deadlines in a fast-paced and changing working environment;
• Strong analytical, problem solving and communication skills;
• Successful record in navigating a complex matrix of accountability and stakeholders;
• Student of technology that stays abreast of new and emerging tools that have the potential to positively transform Compliance processes.

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.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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

BlackRock 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.