At a Glance
- Tasks: Join our team to perform audits and engage with stakeholders across BlackRock's global business units.
- Company: BlackRock is a leading investment management firm dedicated to financial well-being for all.
- Benefits: Enjoy flexible time off, education reimbursement, and comprehensive health resources.
- Why this job: Be part of a diverse culture that values collaboration and innovation while making a real impact.
- Qualifications: Undergraduate degree and 3+ years in financial services or internal audit required.
- Other info: Hybrid work model allows for both in-office and remote work flexibility.
The predicted salary is between 36000 - 60000 £ per year.
Internal Audit's primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock's businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock's individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results. Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders.
With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses. The London office, located in the heart of the City of London, serves as BlackRock's EMEA headquarters and is home to over 3,200 employees. It plays a crucial role in the firm's global operations, supporting various business units including Investment Management, Sales, Trading, Client Business, Risk Management, Operations, Finance, and Legal and Compliance.
BlackRock's first international office, Edinburgh has been a key part of BlackRock's success for over 25 years. Edinburgh is an operational Centre of Excellence, bringing together talent and technology across Investments, Aladdin, Operations and Corporate functions which drive growth and development in the region. The Edinburgh office is known for its culture of diversity and is rooted in the local community and economy.
Business Audit Associate Responsibilities & Qualifications
- Performing regional and global audit reviews
- Engaging with BlackRock stakeholders to understand and document key processes and risks within a specific business unit
- Preparing process narratives and briefing memos
- Evaluating process design and operations to analyze the effectiveness and efficiency of these processes
- Investigating and escalating issues identified during testing
- Validating the remediation of issues
- Identifying emerging firm-wise and business risks and understanding key changes in strategies and operating mode through ongoing engagements with business management
- Supporting annual risk assessments of business areas
- Contributing to global departmental projects
- Travel to regional and international locations may be required
Qualifications
- Undergraduate or graduate degree
- 3+ years of experience; preferably in financial services and/or internal audit, including an understanding of financial instruments and asset management processes and risks
- Interest in broad exposure to investment management, sales, trading, operations, risk management, finance, and compliance activities in the asset management industry
- Proficient understanding of current regulatory and industry events
- Relevant professional certifications are a plus (ACCA, CA, CIA, IMC)
Skills
- Excellent communication (verbal, written, listening) and interpersonal skills
- Ability to develop and maintain effective working relationships with peers and business partners
- Intellectual curiosity and healthy scepticism
- Ability to articulate complex subject matters succinctly
- Critical thinking and problem-solving abilities
- Strong project management and organizational skills
- Data analysis
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
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.
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
Business & Operational Audit, Associate employer: BlackRock, Inc.
Contact Detail:
BlackRock, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business & Operational Audit, Associate
✨Tip Number 1
Familiarise yourself with BlackRock's business model and the specific functions of the Internal Audit team. Understanding how they interact with various business units will help you articulate your insights during interviews.
✨Tip Number 2
Network with current or former employees of BlackRock, especially those in audit or finance roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application.
✨Tip Number 3
Stay updated on current regulatory changes and industry trends in financial services. Being knowledgeable about these topics will demonstrate your commitment to the field and your ability to contribute effectively.
✨Tip Number 4
Prepare to discuss your experience with data analysis and project management. Highlighting specific examples where you've successfully managed projects or analysed data will showcase your relevant skills for the role.
We think you need these skills to ace Business & Operational Audit, Associate
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications for the Business & Operational Audit Associate position. Tailor your application to highlight relevant experiences that align with the job description.
Craft a Strong CV: Your CV should clearly outline your educational background, work experience, and any relevant certifications. Emphasise your experience in financial services or internal audit, and include specific examples of how you've engaged with stakeholders or improved processes.
Write a Compelling Cover Letter: In your cover letter, express your interest in BlackRock and the Internal Audit team. Discuss your understanding of the role and how your skills, such as critical thinking and communication, make you a great fit. Be sure to mention any relevant projects or experiences.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the auditing role.
How to prepare for a job interview at BlackRock, Inc.
✨Understand the Role
Make sure you have a solid grasp of what the Business & Operational Audit Associate role entails. Familiarise yourself with internal audit processes, risk management, and how they apply to financial services. This will help you articulate your understanding during the interview.
✨Showcase Relevant Experience
Highlight your previous experience in financial services or internal audit. Be prepared to discuss specific projects or audits you've been involved in, focusing on your contributions and the outcomes. This demonstrates your capability and relevance to the role.
✨Prepare for Technical Questions
Expect questions that assess your knowledge of financial instruments, asset management processes, and current regulatory events. Brush up on these topics and be ready to discuss how they relate to the responsibilities of the position.
✨Demonstrate Soft Skills
The role requires excellent communication and interpersonal skills. Prepare examples that showcase your ability to build relationships, articulate complex ideas clearly, and work collaboratively with stakeholders. This will highlight your fit within the team culture.