Corporate Audit Director - Internal Audit

Employer
BlackRock
Location
New York, USA
Salary
Competitive
Posted
May 31, 2021
Closes
Jun 14, 2021
Ref
11122136
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

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

The team includes professionals with trading, sales, risk management, compliance, technology, finance and operational experience. Internal Audit reports directly to the Audit Committee of the Board of Directors.

Job Purpose/Background:

The Audit Director will be a member of Internal Audit's Global Leadership Team and is expected to contribute significantly to the strategic planning, process innovation, and project management and delivery of assurance and advisory activities of the global team. Areas of the business within scope for this role span the entire Company, with a concentrated focus on Anti-Money Laundering (AML), independent testing of BlackRock regional AML programs and internal audits of Enterprise Compliance and Risk functions.

This role resides within the Business Audit team and reports to the Head of Corporate and Risk Audit.

Specific responsibilities will include:

Job Description:
  • Overall management and/or leading the timely execution of concurrent audits and projects primarily specific to AML as well Enterprise Compliance functions.
  • Business engagement responsibilities with Senior Executives for multiple Enterprise Compliance and Risk lines of business and fostering strong relationships with those businesses.
  • Collaborate with Internal Audit leadership to determine audit coverage and approach for the independent testing of BlackRock regional AML programs pursuant to local regulatory requirements and Enterprise Compliance and Risk functions.
  • Establish globally consistent AML audit practices and continue to evolve our AML program to drive efficiencies and operating effectiveness, as well, deliver greater relevance for regional stakeholders.
  • Responsible for developing/maintaining a comprehensive AML training program for new and existing staff
  • Drive operational excellence through delivery of readily available tools and resources and sharing of best practices
  • Provide controls advisory services to the Company's various businesses.
  • Collaborate with the other corporate risk and control functions to ensure activities are coordinated and fully leveraged.
  • Identify key control issues and emerging risks, and work with management to ensure timely and effective remediation.
  • Provide timely and candid feedback and coaching to staff.
  • Develop and organically grow talent with AML and sanction experience.
  • Identify and implement efficiencies and automation using data analytics
  • Assist in the recruiting and development of a high performing team that will be a training ground for talent.
  • Effectively manage resources to optimize productivity, meet training and development needs, and deliver high quality, value added assurance and advisory services.
  • Engagement with relevant regulators and external boards, where applicable.


Skills and Experience:
  • Undergraduate or graduate degree in finance, economics, risk management or -other business-related field is preferred.
  • Broad exposure/experience to audit, risk management, operations, finance and compliance activities is preferred.
  • Strong understanding of investment management, trading or capital markets businesses, products or processes.
  • Proficient knowledge of Anti-Money Laundering (AML) rules and regulations and experience auditing AML Compliance programs. Professional certification required (e.g. CAMS)
  • Experience developing and maintaining effective working relationships with senior management and external regulators.
  • Excellent project management, organizational and presentation skills.
  • Experience managing teams of skilled professionals and developing junior talent.
  • Excellent communication (verbal, written, and listening) and interpersonal skills, including strong writing skills, particularly as related to audit reports and management presentations.
  • Good understanding of current regulatory and industry events
  • CFA, CPA/CA, CRM or similar professional certification is a plus.


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.

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