Vice President, Business Audit

About this role

Internal Audit’s primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock’s businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock’s individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results. Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders. 

With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses. 
 

BlackRock's global headquarters at 50 Hudson Yards, NYC, offers state-of-the-art facilities including a cafeteria, amenity spaces, private sky lobbies, and impressive Hudson River views. 50 Hudson Yards offers direct access to the No. 7 Subway station and has entrances on Hudson Park & Boulevard, 10th Avenue, 33rd Street, and 34th Street. It is located two blocks from Penn Station. 

Role Description:

BlackRock Internal Audit is seeking an experienced Vice President in New York City for its Business Audit practice, who will be involved in various aspects of the Audit group’s risk assessment, assurance, and advisory activities, including audit planning and execution, and contributing to strategic initiatives. Areas of the business within the scope of this role will include investment and asset management, risk management, operations, finance, and compliance.

Specific responsibilities include: 

• Project managing and leading the execution of audits (global and regional) in aforementioned areas. Responsibilities include all aspects of the audit process (e.g. risk assessment; scope determination; test work; audit issue and report writing) 
• Relationship management of primary Internal Audit business stakeholders for lines of business, including acting as the primary Internal Audit business engagement liaison for one or more lines of business 
• Providing advisory services during the development of new businesses and systems 
• Assistance in the formation of the annual audit plan through direct input, insight, and perspective around current business, industry, and regulatory risk factors 
• Interact with regulatory examiners upon request 
• People management responsibilities of audit staff, including coaching and feedback 
• Identifying emerging firm-wide and business risks and understanding key changes in strategies and operating model through ongoing engagements with business management 
• Completing annual risk assessments of business areas 
• Leading or contributing to global departmental projects 
• Travel to regional and international locations may be required 
• Performing investigations, special reviews and other ad hoc projects (technical and operational in focus) 

Qualifications 

• Undergraduate or graduate degree 
• 10 years or more of relevant audit experience
• Professionals with strong and broad exposure to investment management, risk management, operations, finance and compliance who are currently working or have worked in the Asset Management industry.
• Financial services experience is preferable; understanding of asset management products, corporate and risk management business processes, and risk and controls systems
• Proficient understanding of current regulatory and industry events 
• Preferred Qualifications: Certified Internal Auditor (CIA) or relevant certification
• Other Professional certifications such as CFA or CPA (or equivalent) are a plus

Skills 

• Audit Issue and Report Writing 
• Developing Others 
• Critical thinking and problem-solving abilities 
• Excellent communication (verbal, written, listening) and interpersonal skills.  
• Ability to develop and maintain effective working relationships with peers and business partners. 
• Intellectual curiosity and healthy scepticism 
• Ability to articulate complex subject matters succinctly. 
• Strong project management and organizational skills 
• Data analysis 

For New York, NY Only the salary range for this position is USD$137,500.00 - USD$194,000.00 . 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 | 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.