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BlackRock

Runs investment funds and sells risk software

Institutional Accounting - Vice President

Internal Audit & ControlsPosted on Nov 9
Full-timeEdinburgh, UKNo salary listed

About the Job

Requirements

  • Six or more years of relevant experience in financial services, investment accounting, operations, operational risk, controls, audit or a related discipline.
  • Strong understanding of operational-risk and control frameworks, including risk identification, Risk and Control Self-Assessment (RCSA), control design and assessment, issue management, root-cause analysis and remediation.
  • Experience leading or materially supporting Internal Audit, regulatory reviews, risk assessments, control testing, SOC/SOX or comparable control-focused engagements.
  • Demonstrated ability to identify emerging or systemic risks and translate them into practical, scalable control and governance improvements.
  • Strong judgment and ability to challenge constructively, particularly where ownership, controls or remediation plans are unclear.
  • Ability to influence senior leaders and cross-functional stakeholders without relying on direct authority.
  • Strong written and verbal communication skills, including the ability to translate complex risk and control issues into concise management-level reporting.
  • Demonstrated ability to lead multiple complex initiatives simultaneously across global and matrixed teams.

Responsibilities

  • Maintain an end-to-end view of operational risk and the control environment across Investment Accounting and its service partners, challenging whether material risks are appropriately identified, owned, controlled and escalated.
  • Act as a senior subject-matter expert and coordination point across operational risk, controls, governance and issue management, establishing consistent standards and clear accountability across the organization.
  • Lead and enhance governance, escalation, monitoring and management-information frameworks that provide senior leadership with clear visibility into emerging risks, control health, significant issues and remediation progress.
  • Identify and challenge control, process and documentation weaknesses, partnering with accountable owners to drive root-cause analysis and sustainable remediation rather than tactical fixes.
  • Lead key risk and control activities, including RCSA, access governance and recertification, business continuity planning, and periodic control assessments.
  • Lead coordination of Internal Audit, regulatory and other independent reviews, including readiness, evidence coordination, management responses, observation challenge and timely remediation of findings.
  • Provide risk and control leadership for significant business and technology change, including client migrations, operating-model changes, automation and the adoption of AI and other emerging technologies.
  • Partner across Investment Accounting, Product, Engineering, Data, Client and Risk teams to ensure new processes and capabilities are introduced with appropriate controls, ownership, monitoring and operational resilience.
  • Analyze incidents, control failures and recurring operational issues to identify broader trends and systemic risks and drive preventive actions across the organization.
  • Lead the Investment Accounting Risk and Control Self-Assessment (RCSA) and Business Continuity Planning (BCP), partnering with functional leaders to identify material and emerging risks, evaluate controls, document management assessments and drive remediation.
  • Provide risk and governance oversight for AI, automation and other emerging technology use cases, partnering with business and technology owners to ensure appropriate controls, human oversight, monitoring and accountability are established as solutions move into production.

Desired Qualifications

  • Working knowledge of investment accounting, financial reporting, asset servicing or another complex, highly controlled financial-services operating environment.
  • Experience with technology-enabled operating-model change, automation or AI governance.

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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