Compliance Advisory Associate

London, United Kingdom
Jul 26, 2021
Aug 06, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
About this role
BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Business Unit Overview:
BlackRock's Compliance Department protects BlackRock's reputation and provides client focussed advice. It understands, challenges and advises on the impact of regulation in our business, with the objective of:
  • Actively participating in business decisions to champion our clients' interests and assist the business to translate Compliance into their daily work;
  • Have client interests at the centre of everything we do;
  • Cultivate and enhance the compliance culture within BlackRock;
  • Provide thought leadership on the impact and implementation of regulation;
  • Developing and fostering excellence within the Compliance team;
Role Description:
An exciting opportunity has arisen for an Associate position within the Investments & Trading Line of Business Compliance Team.
This role is fast-paced and will provide broad learning opportunities as the candidate will be required to provide compliance support on a range of regulatory matters, including (but not limited to): supporting peers in provision of qualitative technical regulatory advice; fielding queries from portfolio managers, strategists and analysts on a range of regulatory topics (e.g. conflicts of interest, market abuse, regulatory implementation, investment allocation and reallocation, cross trades); responding to time sensitive queries in relation to material nonpublic information; provision of subject matter expertise on a range of regulatory topics; support of product development and, policy and procedure drafting.

Key responsibilities/elements of role will include:
  • Working with the Team Lead to provide qualitative compliance advice and support to the relevant business areas;
  • Review of relevant regulatory developments and onward communication to the relevant business areas where appropriate;
  • Active participation in Compliance or business-driven projects, including regulatory developments and strategic initiatives;
  • Contributing to the creation of management reporting and communication on Compliance matters to senior management, corporate boards, BlackRock business stakeholders and business Oversight Committees;
  • Representing Compliance throughout the Product Development process of Alternatives products, including review of fund documentation and provision of regulatory advice as it relates to conflicts of interest, risk factors and legal structure considerations;
  • Liaising with portfolio managers and other investment staff on regulatory matters and the application of BlackRock's compliance policies, e.g., inside information and wall-crossings, crossing, allocation and re-allocation, conflicts of interest;
  • Support of the BlackRock Capital Markets Team on regulatory matters including advising on application of Information Barrier policy, Restricted Lists and regulatory requests for information;
  • Partnering with Legal and the Investment teams to provide regulatory advice and support on transactional matters;
  • Drafting and maintenance of policies and procedures;
  • Designing and delivering effective regulatory training initiatives to the business.
  • The ideal candidate will have a minimum of 3 years compliance advisory experience
  • Preferable if the individual has worked in a role supporting investment teams operating within both the public and private markets;
  • The candidate must have excellent communication skills and be able to articulate complex issues in a clear and concise manner;
  • Must be able to demonstrate dynamism, enthusiasm, resilience, tenacity, diplomacy and above all, sound judgement under pressure;
  • Self-motivated and solutions-driven with ability to use initiative and think laterally to navigate problems;
  • Ability to influence a highly-performing internal client base by delivering timely, credible, accurate and value-added advice.
  • Able to consistently demonstrate high standards of professional accuracy and excellent attention to detail.
  • Self-motivation, the ability to work autonomously and high energy levels.
  • Excellent organisational skills with ability to prioritise workloads, progress multiple tasks and adhere to deadlines.
  • Ability to collaborate effectively both within the team and across functions.
  • High degree of familiarity with regulatory environment and a genuine desire to continually develop such knowledge
  • Relevant experience within a compliance function
  • Educated to degree level, possibly with a professional qualification e.g., ACA, CFA, IMC;
  • Strong working knowledge of FCA Rules and other EMEA regulatory requirements.
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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

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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