Associate, Portfolio Compliance Monitoring - Princeton

About the position About this role Portfolio Compliance Associate on the Monitoring Team Want to elevate your career by being a part of the world's largest asset manager? Do you love working in an environment that develops positive relationships and recognizes outstanding performance? Look no further! We know you want to feel valued every single day and be recognized for consistent contribution. At BlackRock, we strive to empower our employees to make a difference and actively engage your involvement in our success. Team Overview The Portfolio Compliance Group (PCG) is a global group which sits within Global Accounting and Product Services ('GAAPS'), one of the essential functions within the Business Operations & Technology Group at BlackRock. Portfolio Compliance is responsible for implementing controls and processes to ensure compliance with all applicable regulatory and portfolio guidelines. The team fulfills this mission primarily by extracting, analyzing, coding and monitoring client and regulatory investment guidelines on the firm’s Aladdin system. We are engaged with and provide innovative services to many other departments and functions across the firm, including portfolio management, client services, trading, technology, operations and legal. Role Responsibility Responsibilities are dynamic, but typically include: Investment guideline monitoring of both BlackRock investment funds and client mandates Pre-trade and Post-trade investment guideline exception investigation & resolution Working closely with portfolio management and other partners to ensure portfolio compliance Manual test execution Identification of investment guideline coding issues Becoming acquainted with BlackRock’s various Aladdin applications, trade flow process, and data environment Investigating or troubleshooting potential errors when needed Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes Development Value: Exposure to multiple business organizations and investment products across BlackRock globally Daily interaction with key business organizations such as portfolio management, trading and client service professionals in a fast-paced team environment Opportunity to take responsibility and ownership for both individual projects and team goals Visibility in being a PCG service champion for both internal and external clients Exposure to global regulatory jurisdictions and frameworks BlackRock's purpose is to help more and more people experience financial well-being. As a global investment manager and a leading provider of financial technology, our clients—from grandparents, doctors, and teachers to large institutions—turn to us for the solutions they need when planning for their most important goals. People join our firm from around the world to gain real-world experience while making an impact. Discover how you can have a career at BlackRock that's exciting, rewarding and full of possibilities.

Responsibilities

• Investment guideline monitoring of both BlackRock investment funds and client mandates
• Pre-trade and Post-trade investment guideline exception investigation & resolution
• Working closely with portfolio management and other partners to ensure portfolio compliance
• Manual test execution
• Identification of investment guideline coding issues
• Becoming acquainted with BlackRock’s various Aladdin applications, trade flow process, and data environment
• Investigating or troubleshooting potential errors when needed
• Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes

Requirements

• College graduates with a background in finance or similar fields are preferred.
• Knowledge of financial instruments and markets is helpful.
• Strong IT Skills
• Strong interpersonal skills and work ethic
• Analytical mind and approach
• Attention to detail
• Dedicated approach to issue resolution
• Ability to recognize individual and team objectives and goals
• Ability to facilitate compromise between conflicting requirements or points of view

Nice-to-haves

• Although not required, knowledge of programming languages (such as Visual Basic, C++, or Java) and an understanding of relational database concepts (including SQL) are beneficial.

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)

Apply tot his job Apply To this Job