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Job

Analyst, Investment Guidelines Compliance

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BlackRock

1mo ago

💼 Graduate Job

Wilmington

AI generated summary

  • Experience in investment management, finance, or related fields preferred. Knowledge of financial instruments and markets, coding languages, and Aladdin suite desired. Strong communication, multitasking, and issue resolution skills. Ability to work in a challenging, high-pressure environment and meet deadlines. Technical mindset and willingness to learn.
  • Implement and update client investment guidelines in Aladdin, troubleshoot coding issues, maintain Restricted Lists, execute manual tests, analyze trade flow process, contribute improvement suggestions, lead strategic projects.

Graduate Job

IT & CybersecurityWilmington

Description

  • Our Portfolio Compliance Group (PCG) is responsible for implementing controls & processes to ensure we stay in sync with all applicable regulatory and portfolio issued guidelines. As an Associate within Investment Guidelines Compliance there is exposure to all of the internal business departments and investment products across BlackRock globally. You will acquire knowledge of global regulatory regimes and jurisdictions as well as an opportunity to develop within a global group and firm.
  • This role is part of our Implementations team within PCG. As a team member, you will primarily be responsible for interpreting and analyzing the investment guidelines of our clients and coding them into BlackRock’s compliance system. Our primary compliance system is Aladdin, PCG places compliance restrictions into the system using BlackRock’s proprietary coding language, which is similar to SQL.

Requirements

  • Experience working in the investment management industry and knowledge of investment products strongly preferred.
  • Background in finance or similar fields are preferred. Knowledge of financial instruments and markets is beneficial. 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.
  • Comfortable working across multiple functions, geographies and partners with maturity and judgement
  • Drive, high energy and sense of urgency
  • Strong Microsoft Office knowledge
  • Aladdin suite experience desired
  • Coding experience within Compliance Monitoring tools (Aladdin, Sentinel, Charles River, In-House systems) (preferable)
  • College Graduates with a background in Finance, IT or similar fields
  • Technical mindset to learn coding
  • Solid communication skills
  • Strong multi-tasking skills and attention to detail
  • Ability to self-manage workloads and work to deadlines
  • Proven team member
  • Dedicated approach to issue resolution
  • Ability to handle complexity and stress and work in a highly challenging environment

Area of Responsibilities

IT & Cybersecurity

Responsibilities

  • New account coding – interpreting the client’s investment guidelines from the completed Investment Management Agreement (IMA) and implementing the required controls through use of compliance rules in BlackRock’s Aladdin platform
  • Guideline changes – supporting the process through which a client may change their investment guideline provisions over time, based on their preferences or market conditions. The coding (i.e., controls) may need to be updated in Aladdin to reflect the updated requirements for clients.
  • Crafting new system rules, improving existing compliance coding, and investigating or trouble shooting potential errors when needed
  • Identifying coding issues
  • Maintaining Legal & Compliance Restricted Lists
  • Manual test execution
  • Becoming acquainted with BlackRock’s various Aladdin applications, trade flow process, and data environment
  • Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes
  • Leading or running strategic projects and initiatives

Details

Work type

Full time

Work mode

hybrid

Location

Wilmington