Job Information
BlackRock Associate, Enterprise Risk Management in Dublin, Ireland
About this role
Role: Associate, Third Party Risk Manager (Dublin)
Job Purpose/Background
BlackRock is one of the world’s preeminent asset management firms and a leading provider of investment management, risk management, and advisory services to diverse investors globally. BlackRock offers our clients a range of solutions, from rigorous fundamental and quantitative active management strategies to highly efficient index strategies for broad exposure to the world’s capital markets. Our clients access our investment solutions through a variety of products, including individual and institutional separate accounts, mutual funds, other pooled investment vehicles, and the industry-leading iShares® ETFs.
Understanding and managing risk is the cornerstone of BlackRock’s approach to responsible investing. Our Risk and Quantitative Analysis (RQA) group promotes BlackRock as a leader in risk management by providing independent top-down and bottom-up oversight to help identify investment, counterparty, operational, regulatory, technology, and third party risks. Within RQA, the goal of Third Party Risk Management is to work with internal and external business and risk partners to identify the risks that existing, and potential, third parties introduce to BlackRock and our clients, and assess controls to mitigate those risks through initial and ongoing due diligence, incident management and performance monitoring. BlackRock’s third parties include fund operations providers, technology vendors, index and market data providers, and distributors.
Key Responsibilities
Support reporting and diligence needs as it pertains BlackRock Asset Management Ireland Limited, the Management Company for BlackRock's Irish UCITS and Alternative Investment Funds.
Collaborate with multiple internal business to identify and escalate third-party risks as part of the second line of defense.
Challenge third-party risk management processes and controls, escalate issues for remediation and analyze data trends to raise awareness of potential risks to senior management.
Monitor and escalate high risk issues as they arise during due diligence for critical and high-risk third parties and collaborate with internal Subject Matter Experts (SMEs) as part of the risk assessment process.
Partner with Enterprise Risk Management to escalate significant third-party operating events and trends.
Monitor and analyze third-party performance and continuous monitoring data and provide effective risk reporting to internal stakeholders.
Provide guidance and support to the global program as it pertains to local regulatory expectations and directives of third-party risk management.
Partner with colleagues across Enterprise Risk to synthesize risk reporting for oversight purposes.
Skills / Qualifications
Ideally 3-5 years of enterprise risk or third-party risk management related experience, preferably within the financial services industry.
Ability to understand and apply the relevant regulatory requirements for third party risk management (e.g., Central Bank of Ireland, U.K. Financial Conduct Authority, OCC, UCITS and AIFMD, etc) and influence the evolution of the risk framework to meet heightened expectations.
Comfort navigating large data sets, compiling data analyses, displaying data effectively, and communicating results with impact.
Experience with CBI and other regulators, a plus.
BS/BA required, preferably Business, Finance, Risk Management - CTPRP designation a plus.
Proficiency with Excel, PowerPoint, PowerBI.
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.