About this role
Position Overview
The Americas Advisory Compliance team is seeking an experienced, self-motivated Compliance professional to support, maintain, and enhance BlackRock's Private Markets compliance program, with a focus on supporting private equity and infrastructure teams. The compliance program is critical infrastructure to support BlackRock's business objective of expanding its presence in private markets, including through the recent acquisition of Global Infrastructure Partners (GIP). The role includes working on the continued integration of GIP, oversight of key program components (e.g., investment allocation, fees and expenses, conflicts) and contributing to the enhancement of compliance testing and monitoring protocols. The successful candidate will interact regularly with various BlackRock functions across the globe including investment, legal, and other compliance and business support functions, while responding to business inquiries and progressing business initiatives. The role may also require the individual to assist with other centralized compliance functions that are administered by the Americas Advisory team in addition to participating in project work as it arises.
Responsibilities
Serve as point of contact for private markets business inquiries related to compliance matters, including conflicts of interest, marketing and allocations
Support the post-acquisition integration of GIP's compliance program with BlackRock
Maintain legacy GIP global compliance program pending integration, including: testing and monitoring program, regulatory filings (including Forms ADV and PF), risk assessments, and annual compliance reviews across jurisdictions
Identify, develop and implement process, practice and policy improvement initiatives, including with respect to new regulations or practices
Participate in efforts with respect to applicable regulatory examinations/inspections and internal audits
Assist with the preparation and delivery of compliance training and education programs as needed
Prepare management information reporting
Work on other Compliance related ad-hoc projects as needed
Professional Qualifications and Experience
~10 years' experience with regulatory compliance matters of a registered investment adviser (private equity strongly preferred)
Understanding of Investment Advisers Act of 1940, with experience in global regulatory regimes (e.g., FCA, ASIC) a plus
Understanding of private equity fund structures
Understanding of private equity firm operations and administration
Bachelor's degree
Legal degree not required but a plus
Personal Qualifications
Ability to work well independently as well as part of a team in a fast-paced environment with competing priorities
Ability to outline, execute and manage projects to completion, including as part of cross-functional working groups
Strong written and oral communication skills
Strong interpersonal skills, highly professional
Organized and detail-oriented with strong time management and multi-tasking skills
Demonstrated ability to think critically, logically and analytically
Motivated with a natural inclination towards rolling up sleeves and problem solving
Proficient across M365 applications including Excel, Word, PowerPoint, and Teams
About BlackRock & GIP
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's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.
Global Infrastructure Partners, a part of BlackRock, (GIP) is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. On October 1, 2024, BlackRock closed its acquisition of GIP. For more information, visit www.global-infra.com.
For New York, NY Only the salary range for this position is USD$173,500.00 - USD$270,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
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.
Our hybrid work model
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
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 @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC's Know Your Rights poster and its supplement (https://www.dol.gov/sites/dolgov/files/OFCCP/regs/compliance/posters/pdf/22-088\EEOC\KnowYourRights.pdf) and the pay transparency statement (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp\%20English\formattedESQA508c.pdf) *.*
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com . All requests are treated in line with our privacy policy (http://www.blackrock.com/corporate/compliance/privacy-policy#recruitment-privacy-notice) .
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.