FirstBank Jobs

Job Information

BlackRock Portfolio Compliance Associate/ Analyst in Budapest, Hungary

About this role

BlackRock is currently seeking professionals at the Analyst and Associate level (from fresh graduates to 3-4 years’ experience) to become part of our Portfolio Compliance Monitoring team.

The Portfolio Compliance Group (PCG) is a global group which sits within Global Accounting and Product Services ('GAAPS'), one of the core functions within the Business Operations & Technology Group at BlackRock. Portfolio Compliance is responsible for implementing controls & processes to ensure we are aligned with all applicable regulatory and portfolio issued guidelines. This relates to trading and investments, including Aladdin pre-and post-trade compliance and non-Aladdin trading compliance; global syndicate offering review; ERISA & Fiduciary monitoring, and Global Thresholds reporting.

The Monitoring Team is part of PCG and is responsible for investment guideline monitoring of both BlackRock investment funds and client mandates, Pre-trade and Post-trade investment guideline exception investigation & resolution, furthermore they are working closely with portfolio management and other partners to ensure portfolio compliance.

Key Responsibilities

  • Investment guideline monitoring of both BlackRock investment funds and client mandates across EMEA

  • 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, data environment and investment products

  • 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

Skills / Experience

  • Bachelor’s degree or equivalent in a related field, background in finance or similar fields are preferred (but not required)

  • Solid understanding of economic concepts, knowledge of financial instruments and markets is a bonus

  • Comfortable working across multiple functions, geographies and partners with maturity and judgement

  • Drive, high energy and sense of urgency

  • Proficiency in all Microsoft Office applications, understanding of relational database concepts (including SQL) are beneficial.

Competencies

  • Experience in working with and building strong and positive relationships with both internal and external partners

  • Strong control / risk mitigation mentality; ability to apply solid judgement as to when to raise issues.

  • Excellent written and verbal communication skills with the ability to convey complex concepts simply and clearly to target audience

  • Focus on continuous improvement and process innovation.

  • Analytical thinking during problem solving

  • Rigorous attention to details

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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.

DirectEmployers