Internal Controls Analyst recruitment
BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of investment solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
BlackRock is a truly global firm that combines the benefits of worldwide reach with local service and relationships. We manage assets for clients in North and South America, Europe, Asia, Australia, the Middle East and Africa. The firm employs more than 9,000 talented professionals and maintains offices in 27 countries around the world. Our client base includes corporate, public, union and industry pension plans; governments; insurance companies; third-party mutual funds; endowments; foundations; charities; corporations; official institutions; sovereign wealth funds; banks; financial professionals; and individuals worldwide.
As of March 31, 2012, BlackRock's assets under management total US$3.684 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. Through BlackRock Solutions® -- the natural evolution of our long-standing investment in developing sophisticated and highly integrated systems -- we offer risk management, strategic advisory and enterprise investment system services to a broad base of clients with portfolios totaling over US$10 trillion.
Description:
BlackRock has professionals dedicated to the production and delivery of internal control reports (Service Organization Reports ("SOR"), formerly known as SAS 70 Reports) to clients. These individuals actively work with the business, including groups such as the client relationship group, portfolio management, business operations, legal, compliance and technology, as well as the external service auditors. The SOR group provides coordination and oversight for documenting and testing controls with the business and service auditors. On a regular basis, this group provides status updates and discusses SOR related hot topics with senior management. This group also works closely with other control disciplines, such as the Sarbanes Oxley team, Internal Audit, Technology Risk Management and Operational Risk. A successful candidate will develop strong relationships across BlackRock, develop a broad understanding of the products and services offered by the Firm, develop a strong understanding of internal controls and deliver value-added services and recommendations to strengthen the risk and control environment.
Key Responsibilities:
- Assist in the coordination and delivery of SOR globally
- Work with the business and external service auditors to enhance SOR content, update report details and provide relevant documentation to the service auditors
- Support the implementation of a coordinated approach by participating in walkthroughs with business executives, recommending potential control enhancements and conducting follow-up in preparation for the annual SOR reviews
- Assist in the day-to-day follow-up with service auditors during their fieldwork to ensure projected timelines stare met
- Assist in the distribution of SOR based on requests from clients and prospective clients
- Coordinate activities with other risk and control functions
- Demonstrate knowledge of professional standards/practices and apply knowledge in performing work
- Effectively communicate both internally and externally to build positive relationships and understand key aspects of services provided to clients
Experience and skill sets:
- Bachelors degree in Accounting or Finance
- CPA or progressing toward CPA preferred
- 1 - 3 years of prior work experience
- Strong project management, organizational and interpersonal skills
- Possess a strong internal drive and motivation for continuous improvement
- Possess a high degree of integrity and confidentiality, as well as ability to adhere to both company policies and best practices
- Ability to manage multiple priorities successfully within a deadline-driven environment
- Excellent communication (oral, written and listening) skillsCritical thinking and problem solving ability
- Ability to develop effective working relationships with business and risk and control functions
- Accuracy and attention to detail
- Limited travel may be required
BlackRock is proud to be an E-Verify Equal Opportunity/Affirmative Action Employer--M/F/D/V.
Skills
BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions -- from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.