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BlackRock

Runs investment funds and sells risk software

Vice President - Employee Compliance Advisory

Regulatory Compliance & EthicsPosted on Nov 10
Full-timeBudapest, Hungary

About the Job

Requirements

  • Significant relevant experience in Compliance, Legal, Risk, or a related control function within financial services, ideally within asset management, investment management, or banking.
  • Strong subject-matter expertise in employee compliance and personal conflicts, including personal trading, private investments, Outside Business Activities (OBA), and Gifts & Entertainment (G&E).
  • Strong understanding of regulatory and conflicts-of-interest considerations relating to employees' personal activities, Codes of Ethics, and EMEA conduct and personal-account-dealing requirements.
  • Proven ability to assess complex, sensitive, and judgment-based matters, apply sound risk judgment, make well-reasoned decisions, and escalate appropriately.
  • Strong communication and stakeholder-management skills, with the ability to translate complex requirements into clear, practical guidance and constructively challenge stakeholders at different levels of the organization.
  • Experience working across compliance functions and centralized operations, combined with the discretion, organization, and relationship-management skills required to support senior executives and their representatives.
  • A bachelor's degree or equivalent experience.

Responsibilities

  • Provide practical, risk-based Employee Compliance advice across EMEA, managing employee queries and submissions relating to personal trading, private investments, OBA, and G&E, and escalating novel or judgment-based matters appropriately.
  • Issue non-compliance notifications and support targeted OBA and G&E campaigns, training, and employee communications across the region.
  • Review policy exceptions, escalations, and pre-clearance requests across personal trading, private investments, OBA, and G&E, ensuring decisions and conditions are appropriately documented.
  • Provide high-touch support to the EMEA executive population and engage effectively with executive assistants, family offices, financial advisers, and brokers while maintaining appropriate policy standards and discretion.
  • Deliver training and communications for functions supporting executives and assist in resolving legacy records and data issues.
  • Operate the regional advisory hotline, support regulatory and audit activity, and contribute to regional training and local policy implementation.
  • Maintain connectivity with regional Chief Compliance Officers (CCOs) and partner across Program Operations, Advisory Compliance, Information Barriers/Control Room, Legal, and Human Resources, using advisory activity and case trends to inform policies, procedures, controls, training, and communications.

Desired Qualifications

  • An advanced legal, compliance, or related professional qualification is advantageous.
  • Experience with private markets or private-investment reviews would be beneficial.

About the Company

BlackRock

Runs investment funds and sells risk software

BlackRock manages money for pension funds, governments, insurers, and everyday savers, and sells the software it uses to run those investments to other firms. In 2009, its purchase of Barclays Global Investors brought in the iShares fund family and made BlackRock the world's largest asset manager. Its iShares exchange-traded funds trade like stocks and mostly track market indexes, while its private funds lend to companies and invest in infrastructure and real estate. BlackRock charges a yearly fee on the money it manages, and banks, insurers, and other investors pay to use Aladdin, its system for measuring risk and running portfolios. Larry Fink and seven partners founded BlackRock in 1988, and it is based in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1988

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