Associate, Compliance, Trade Surveillance and Forensic Testing Associate, Compliance, Trade Surveillance and  …

BlackRock
in Atlanta, GA, United States
Permanent, Full time
Be the first to apply
Not Specified
BlackRock
in Atlanta, GA, United States
Permanent, Full time
Be the first to apply
Not Specified
About this role Regulatory Risk and Review Trade Surveillance, Associate: Legal &Compliance (L&C) Overview: BlackRock’s L&C Department protects BlackRock’s reputation and provides advice to and oversight and monitoring of, BlackRock’s business. The department is focused on both understanding and advising on the impact of regulation

About this role

Regulatory Risk and Review Trade Surveillance, Associate:

Legal &Compliance (L&C) Overview:

BlackRock’s L&C Department protects BlackRock’s reputation and provides advice to and oversight and monitoring of, BlackRock’s business. The department is focused on both understanding and advising on the impact of regulation to our business and on challenging, overseeing and monitoring business activities with the objective of:

  • Actively participating in business decisions to champion our clients’ interests and assist the business in translating compliance requirements and expectations into their daily work;
  • Putting client interests at the center of everything we do;
  • Ensuring adherence to applicable laws and regulations;
  • Cultivating and enhancing the strong compliance culture within BlackRock;
  • Providing thought leadership on the impact and implementation of regulatory change;
  • Fostering excellence within the Compliance team; and
  • Actively developing the skills, knowledge and careers of each member of the Compliance team

The Trade Surveillance team is responsible for conducting, developing and enhancing the post trade surveillance program. The team works in close collaboration with BlackRock’s technology development teams in the ongoing development and delivery of the program.

This role is focused on the second line of defense Regulatory Compliance monitoring of the portfolio management and trading functions within Investments function at BlackRock. The successful candidate will be part of a team that performs trade surveillance and investigates exception based as well as routine trading alerts. The successful candidate will use an online automated workflow tool, support surveillance test development and leverage sophisticated Global forensic testing capabilities to conduct routine ongoing trade surveillance.

The role will require the successful candidate to build and maintain relationships across a broad range of business functions including Portfolio Management, Trading, Legal, Compliance Advisory and Technology teams.

Trade Surveillance is conducted across a variety of asset classes, including equities, fixed income, foreign exchange and derivatives; within the context of the scale and nature of BlackRock’s business, this role will offer unparalleled opportunities to learn about the products, strategies and business areas responsible for trading and making investment decisions.

Key Responsibilities:

  • Ongoing Trade Surveillance of Portfolio Management and Trading functions including querying Trade Surveillance exceptions with the Portfolio Management and Trading functions
  • Working with an online automated work-flow tool for investigating trade surveillance exceptions and documenting appropriate dispositions in a timely manner
  • Ongoing forensic compliance testing, leveraging complex data analytics, trend monitoring, and statistical analysis to identify and investigate potential compliance issues
  • Interpretation of Regulatory Risk and application of this understanding to surveillance exceptions and to the ongoing iterative development of surveillance tests
  • Working within a wider global team to support the surveillance function
  • Participating in the development of new Trade Surveillance tests, including regulatory interpretation, technical specifications and testing
  • Development and maintenance of procedures related to Transaction Surveillance
  • Appropriate escalation and tracking of issues as they are identified
  • Maintenance of appropriate records of work completed in accordance with procedure; and
  • Ad hoc projects related to Trade Surveillance and the broader Compliance function

Knowledge/Experience and Education

  • 2-5 years’ work experience - working within an asset management or investment banking environment is a plus
  • University degree or other equivalent professional qualification
  • Basic knowledge of the markets, asset classes and products
  • Compliance, Audit or Consulting experience and an understanding of regulatory rules
  • An interest in and awareness of the regulatory landscape
  • Experience owning and delivering projects
  • Strong organizational skills
  • Strong verbal and written communication skills
  • Self-motivated and able to work with minimal supervision over time
  • Strong analytical skills
  • Strong technology skills including confidence in the use of Word, Excel and PPT applications
  • Ability to work in and enjoy a fast paced and challenging working environment
  • High standard of accuracy and excellent attention to detail
  • Ability to clarify tasks and requirements, organize time, and manage workload to ensure deadlines are met
  • Committed to thinking and acting with integrity and honesty
  • Curiosity and eagerness to learn about new topics, processes and to understand the larger picture
  • Experience with data analysis software or statistical programming tools such as R, Python, Spotfire, and Tableau is a plus
  • Experience with trade surveillance systems (e.g. Charles River or NICE Actimize) would be valuable
  • Knowledge of programming languages (such as Visual Basic, C++, or Java) and an understanding of relational database concepts (including SQL) are beneficial
  • Data Science and big data analytics experience is a plus

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of September 30, 2019, the firm managed approximately $6.96 trillion in assets on behalf of investors worldwide.

For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock |

Blog: www.blackrockblog.com | 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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