Description About this role Title: Vice President, Designated Person for Operational Risk (BAMIL) , Enterprise Risk Management Job Description Business Overview
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. RQA's principal objectives are to advance the firm's risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. In the course of executing this mission, RQA provides quantitative analysis to many of BlackRock's businesses and helps promote the spread of best practices across the firm.
RQA is committed to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose. Enterprise Risk Management
The enterprise risk function remains closely engaged with the evolving regulatory environment and supervisory expectations, to ensure that BlackRock's internal risk and control frameworks remain consistent with these, and to coordinate regulatory initiatives from an RQA perspective (for example, capital and liquidity assessments).
The Enterprise Risk team works with Finance, Compliance, Internal Audit and other control-related teams to ensure an integrated, efficient and complete approach to the risks and controls of the firm from an enterprise standpoint. Responsibilities:
What you need:
Responsibility for the oversight of operational risks for all activities. Day to day management is supported by the Operational Risk team as the Designated Person for Operational Risk.
Oversight and implementation of operational risk management procedures which are subject to Board approval and oversight.
Manage a local team of enterprise risk professionals, including matrix management of functional risk managers located in Ireland.
Working with BlackRock EMEA Legal & Compliance function and other control and business functions to ensure that operating events and incidents are properly managed with any open exposures closed down as a matter of utmost urgency.
Communicating regularly with all other Designated Persons to identify, monitor and manage any operating events or operational risks identified by them, or reported to them, during their day-to-day activities. The principal Designated Persons with whom the Designated Person for Operational Risk communicates are those in respect of Regulatory Compliance, Investment Management, and Capital and Financial Management.
Preparing and submitting reports to the Board detailing any material individual events for the Company or the Funds, the economic impact of the events, trending analyses and significant preventative items identified.
Presenting corporate risk analysis (including Operational Risks) to the Company.
At least 5 years relevant experience.
High level of familiarity with funds regulation (specifically UCITS and AIFMD).
Excellent technical and regulatory knowledge.
Experience managing a team within a global organization is a plus.
Leadership and strength of character. Someone able to offer healthy challenge is essential.
Sound judgment, professionalism and discretion.
Strong analytical, organizational and planning skills.
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
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, our clients turn to us for the solutions they need when planning for their most important goals. As of December 31, 2020, the firm managed approximately $8.7 trillion in assets on behalf of investors worldwide.
For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | 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. 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 pilot
BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.
The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments. 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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.