Platform Oversight, Analyst
- Recruiter
- BlackRock
- Location
- Frankfurt am Main, Germany
- Salary
- Competitive
- Posted
- 03 Feb 2023
- Closes
- 02 Mar 2023
- Ref
- 18656393
- Job Function
- Banking
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Description
About this role
About this Role
The Country Management team for BlackRock's business in Germany, Austria and Eastern Europe (EEGA) is responsible for the management, steering and oversight of the region which has a broad footprint of sales, investment, technology and advisory businesses as well as local representation of critical corporate support functions. Over 190 employees serve our clients in those local markets as well as manage a locally domiciled iShares range.
The role offers an exciting opportunity to work with senior management including the management board of the BlackRock Asset Managemnt AG in a fast paced and collaborative environment. The analyst role reports to the Chief Administrative Officer (CAO) of the German platform and is focussed on the regulatory required oversight of outsourced activities (internal & external) and delivery of ad hoc and strategic projects for the platform and the region.
Job Purpose / Background
The local German Platform Oversight function (GPO) is part of the local country management team, which is reporting to the regional COO and closely connected to BlackRock's global operations department. The successful candidate would be based in Frankfurt or Munich and will work as an analyst as part of the GPO team on ensuring high-quality delivery in relation to the oversight of internal delegations, performance of investment compliance checks as well as coordination and support of external and internal audits in accordance with German and European regulatory requirements. In addition, the team is responsible for driving strategic and operational projects and business management initiatives critical to the stability and future development of the platform.
Key responsibilities:
Regulatory required oversight of outsourced internal & external activities:
Knowledge/Experience
#EarlyCareers
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
BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.
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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
About this role
About this Role
The Country Management team for BlackRock's business in Germany, Austria and Eastern Europe (EEGA) is responsible for the management, steering and oversight of the region which has a broad footprint of sales, investment, technology and advisory businesses as well as local representation of critical corporate support functions. Over 190 employees serve our clients in those local markets as well as manage a locally domiciled iShares range.
The role offers an exciting opportunity to work with senior management including the management board of the BlackRock Asset Managemnt AG in a fast paced and collaborative environment. The analyst role reports to the Chief Administrative Officer (CAO) of the German platform and is focussed on the regulatory required oversight of outsourced activities (internal & external) and delivery of ad hoc and strategic projects for the platform and the region.
Job Purpose / Background
The local German Platform Oversight function (GPO) is part of the local country management team, which is reporting to the regional COO and closely connected to BlackRock's global operations department. The successful candidate would be based in Frankfurt or Munich and will work as an analyst as part of the GPO team on ensuring high-quality delivery in relation to the oversight of internal delegations, performance of investment compliance checks as well as coordination and support of external and internal audits in accordance with German and European regulatory requirements. In addition, the team is responsible for driving strategic and operational projects and business management initiatives critical to the stability and future development of the platform.
Key responsibilities:
Regulatory required oversight of outsourced internal & external activities:
- Independent, daily execution of post trade compliance function tasks and checks as defined by German regulations
- Responsibility for the preparation of outsourcing risk analyses and risk and controls assessments, agreement of SLAs and KPIs, execution of periodic service review meetings and due diligence workshops
- Support of coordination of activities with internal and external auditors to ensure that all services are provided according to agreed standards (SLAs) as well as regular control of the outsourcing processes
- Escalation point for operational problems, for example, by proposing and implementing improvements in service delivery and oversight to increase efficiency and improve the control environment
- Ensure proper reporting to the local management and supervisory boards
- Realisation of projects within Country Management and the EEGA region in different business areas (e.g. ESG- product or client related)
Knowledge/Experience
- Ideally a Bachelor's degree or equivalent and initial experience (0-3 years) in asset management, financial services or consulting
- Knowledge and practice of German and European regulatory requirements (KAGB, SFDR, etc.) for investment funds is a plus
- Ability to communicate effectively with diverse range of internal and external stakeholders across different countries, languages and cultures; Fluency written and verbal communicating skills in English and German required
- Strong team player and self-starter, who brings passion, ability to multitask, prioritise and deliver results within given timelines in a fast-paced environment
- Excellent organizational skills and process-orientation, as well as strong analytical, and problem-solving skills
- Strong MS Office skills, especially Excel and PowerPoint
- Innovative, flexible and high standards for own performance as well as willingness to take on additional responsibilities quickly
#EarlyCareers
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
BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.
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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.