Due Diligence Associate - BDP Due Diligence Associate - BDP …

in Budapest, Budapest fovaros, Hungary
Permanent, Full time
Be the first to apply
in Budapest, Budapest fovaros, Hungary
Permanent, Full time
Be the first to apply
Due Diligence Associate - BDP

About this role

Technology and Operations runs a breadth of services that impact the product and trade lifecycle as well as BlackRock's client and employee experience. As a business, we provide solutions to evolving challenges faced by clients, employees and the firm.

The team role

The Due Diligence Operations team is responsible for processes pertaining to verification of client Anti Money Laundering, Customer Due Diligence and other critical client documentation (FATCA, CRS, Authorised Signatory Lists, etc) as well as the capturing, reviewing and storage of client documents, ensuring its availability to the partners. The team presents an excellent opportunity to gain exposure to various key regulatory and operational areas involved in the client onboarding process at BlackRock.

The team forms a critical control function within the Global Onboarding Function. In addition, the function includes Onboarding Implementation (being responsible for the onboarding of portfolios and directs critical client change events such as benchmark and other investment guideline updates), and Onboarding Contracting (which owns the terms of investment management agreements with new clients to BlackRock and leading change for existing clients with respect to the contractual set up).

Are you looking for challenges at the largest asset manager of the world? Join our team as a Due Diligence Associate! Your day to day tasks and responsibilities will include:

• Ensuring clients meet applicable AML/KYC requirements and that the appropriate AML/KYC process is followed for all new client mandates or client file refreshes to mitigate risk to BlackRock.

• Ensuring that all completed AML/KYC, tax, contractual and other documentation is accurately filed, stored and retrievable and supporting the ongoing client and firm requirements.

• Accurately capturing and reviewing contractual data and documentation for new and exiting clients, ensuring its accessibility to the wider business.

• Answering queries from the business on the data here therein.

• Partnering with Legal & Compliance and other internal partners to deal with exceptions and ensure our policies are appropriately followed.

• Participation in the development and implementation of continuous improvement of the control environment, policies and procedures.

• Looking for ways to innovate and drive the business forward, delivering an outstanding client experience.

• Contribution to projects representing the client and the team, ensuring that change implications are understood and that the client experience is assured.

• Demonstrate a good understanding of the financial markets and regulatory changes, and consider how this may impact our processes and client arrangements.

• Produce daily/monthly statistics for the team, prepare policies, procedures and presentations as required.

• Experience with handling of client documentation, preferably with either AML/KYC laws and regulations, FATCA/CRS validation or broader documentation and data management. Any of these within the asset management industry would be beneficial.

• Strong interpersonal skills, confident, friendly and respectful individual with excellent communication skills, comfortable collaborating closely with clients and colleagues at all levels.

• Excellent command (written and verbal) of English.

• Excellent attention to detail and analytical skills with an aptitude for problem solving and willingness to go above and beyond for clients.

• Motivated, diligent and results driven personality.

• Strong planning and organisational skills with the ability to balance and control their own priorities to meet deadlines.

• A good teammate, able to integrate and build rapport quickly, ready to provide and accept feedback.

• Respect for process governance.

• Professional qualifications an advantage.

• Additional language skills an advantage (Spanish, German, French, Italian, Dutch, Polish).

• Excellent working knowledge of Microsoft software such as Outlook, Word, Excel, PowerPoint and other IT skills.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
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