Vice President, Legal Counsel

Employer
BlackRock
Location
London, United Kingdom
Salary
Competitive
Posted
May 19, 2022
Closes
May 26, 2022
Ref
14963871
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

Job Purpose/Background:

The Institutional and Solutions Legal Team provides advice and support to the Multi-Asset Strategies & Solutions business (including Outsourced Chief Investment Officer, Retail Wealth solutions and model portfolio advisory and distribution) (" MASS"), EMEA Institutional Client Businesses (" ICB"), Transition Management team and BlackRock Life Limited ((" BLL") BlackRock's captive life insurance vehicle for institutional clients), and also advises the firm on certain areas of corporate and commercial legal risk and regulatory change.

This role will be an individual contributor within a wider team of 7 lawyers supporting the entire spectrum of the team's diverse breadth of coverage. The successful candidate will have the opportunity to work with multiple client channels across BlackRock, including the ETF and Index Investing Business, Retail Business and ICB, which collaborate with the MASS Business to deliver solutions to clients as well as working closely with colleagues in the Funds Legal team. The successful candidate will be expected to work with a degree of autonomy and, once familiar with BlackRock documentation and processes, to work with minimum levels of supervision. Whilst the "learning curve" will be steep, the candidate will be expected to take on a complete workload promptly after joining.

Key Responsibilities:
  • Identify, address and manage legal and regulatory risk issues arising within the institutional client and MASS businesses across the EMEA region.
  • Negotiate legally complex advisory (including model advisory), asset allocation services, investment management and transition management agreements as well as partnership agreements.
  • Provide legal support and advice on certain commercial legal and regulatory areas, including MiFID analysis, outsourcing arrangements and fund distribution.
  • Commission external legal advice where appropriate (e.g. specialist or overseas advice) on areas of law that impact client business and BLL driven work, ensuring quality advice is delivered.
  • Liaise directly with members of Legal & Compliance across the globe and stakeholders within the firm, as well as external lawyers and consultants acting on behalf of clients.
  • Advise on new law, regulation and policy changes and how BlackRock's businesses, processes and documentation can best take account of this.


Other Responsibilities:
  • Assist with supporting the BLL Board and advising on BLL documentation and governance.
  • Provide feedback to industry consultations in relation to new legislation and policy-making process (including education of / consultation with regulators).


Knowledge/Experience:
  • Solicitor / lawyer qualified in England and Wales or other relevant jurisdiction(s).
  • At least 6 years' relevant investment management or other financial services experience (gained either in private practice or the in-house legal team of a financial services organisation).
  • Technical expertise and/or familiarity with regulatory issues including MiFID investment advice and inducements and similar regulations across EMEA. Technical expertise and/or familiarity with UCITS and AIF distribution and/or retail and wealth intermediary platforms and/or institutional separate accounts, would be helpful, although candidates with other applicable expertise and experience will be considered.
  • Strong academic record.


Competencies:
  • Develops constructive professional relationships across the firm (particularly client businesses and other internal stakeholders) and builds relationships with external advisers.
  • Ability to persuade and influence internal client base in the provision of advice and manage internal client base's expectations.
  • Demonstrates a commercial outlook, and is motivated and personable.
  • Ability to identify and manage legal risk (even if little prior experience in the relevant area) and to develop a sound opinion on diverse legal and reputational matters.
  • Strong attention to detail and ability to gather information and analyse data thoroughly.
  • Clarifies tasks and requirements, organises time and manages workload to ensure deadlines are met.
  • Communicates effectively in verbal and written form.
  • Develops solutions to problems and anticipates potential issues before they become problems.


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.

Similar jobs

Similar jobs

  • You need to sign in to save