Associate, Finance Controls

About this role

BlackRock Finance & Strategy (F&S) is a global organization comprising professionals across disciplines including Financial Planning & Analysis (FP&A), Corporate Strategy & Development, Controllers, Finance Controls, Treasury, Tax, Investor Relations and Global Strategic Sourcing. Finance Controls is a global team with presence in New York, Princeton, Edinburgh and Budapest. The Service Organization Reporting (“SOR”) Team specifically has individuals in New York and Princeton.

Job Purpose/Background:

BlackRock has professionals dedicated to the production and delivery of internal control reports (service organization reports including SSAE 18 and ISAE 3402 Reports) to clients. These individuals actively work with the business (including relationship management, portfolio management, business operations, legal and compliance, and technology personnel), as well as the external service auditors. The SOR Team provides coordination and oversight for documenting and testing controls with the business and service auditors. On a regular basis, this group provides status updates and discusses service organization reporting related topics with senior management. This group also works closely with other risk and control disciplines, such as Financial Controls Reporting, Internal Audit and Enterprise Risk Management (including Operational Risk and Technology Risk). A successful candidate will develop strong relationships across BlackRock, develop a broad understanding of the products and services offered by the firm, develop a strong understanding of internal controls and deliver value-added services and recommendations to strengthen the risk and control environment.

Key Responsibilities:

• Assist in the oversight and coordination for delivery of service organization reports globally

• Work with the business and external service auditors to enhance SOR content, update report details and provide relevant documentation to the service auditors

• Support the implementation of a coordinated approach by participating in walkthroughs with business executives, recommending potential control enhancements and conducting follow-up in preparation for the annual service organization report reviews

• Coordinate the day-to-day follow-up with service auditors during their fieldwork to ensure projected timelines are met

• Oversee the distribution of the service organization reports based on requests from clients and prospective clients

• Coordinate activities with other risk and control functions

• Demonstrate knowledge of professional standards/practices and apply knowledge in performing work

• Effectively communicate both internally and externally to build positive relationships and understand key aspects of services provided to clients

• Assist other individuals within the control function, including Financial Controls Reporting and Auditor Independence

Development Value:

• This is a globally focused role in a team which is core to the entire operations of BlackRock. The role interacts with teams around the globe providing opportunity to understand operational and technology processes while developing key relationships

• This role will provide the candidate with the scope to effect positive change to the control environment by harnessing system capabilities and constantly evaluating processes & procedures to create value for the firm

Knowledge/Experience:

• 3-5 years of prior internal controls experience

• Bachelors degree in Accounting or Finance

• Professional qualification preferred (e.g., CPA, CISA, IIA) or in-progress

Competencies:

• Strong project management, organizational and interpersonal skills

• Possess a strong internal drive and motivation for continuous improvement

• Possess a high degree of integrity as well as the ability to adhere to both company policies and best practices

• Ability to manage multiple priorities successfully within a deadline-driven environment

• Excellent communication (oral, written and listening) skills

• Critical thinking and problem-solving ability

• Ability to develop effective working relationships with business and risk and control functions

• Accuracy and attention to detail

• Strong knowledge of Microsoft Office Suite (e.g., Excel, Word)

For New York, NY Only the salary range for this position is USD$100,000.00 - USD$130,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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 | Twitter: @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 and the pay transparency statement.

 

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 [email protected]. All requests are treated in line with our privacy policy.

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.