At a Glance
- Tasks: Lead compliance monitoring and testing to identify regulatory risks and ensure adherence to policies.
- Company: Join BlackRock, a leader in financial services dedicated to client well-being.
- Benefits: Enjoy flexible time off, education reimbursement, and comprehensive health resources.
- Other info: Collaborative hybrid work model that supports learning and career growth.
- Why this job: Make a real impact in a fast-paced environment while developing your expertise in compliance.
- Qualifications: 7+ years in compliance with strong analytical and communication skills required.
The predicted salary is between 43200 - 72000 £ per year.
As a Vice President (“VP”) in the Compliance Monitoring and Testing team (“CMT”), you will be responsible for executing against the annual testing plan to identify potential regulatory and/or conduct risks in certain areas of the firm. You will coordinate with your teammates and stakeholders across the firm to cover compliance reviews that assess adherence to policy requirements, regulatory requirements and effectiveness of overall governance and control frameworks. These tests and reviews focus on specific regulatory implementations, elevated risk focus areas, risk themes or business units.
The expectation is that the candidate will have previously held relevant senior roles within a Compliance function, a leading consultancy firm or a regulator, and demonstrates asset management/financial services expertise across a wide range of products and functions. The candidate will ideally have relevant, hands-on experience leading and executing deep dive regulatory compliance reviews and targeted testing as well as an understanding of regulation and risk assessment methodologies. The successful candidate will have strong written and verbal communication skills and confidence engaging with and managing relationships with a broad range of stakeholders across business areas and leadership roles. We are looking for a candidate who is enthusiastic, collaborative, creative, diplomatic, decisive, self-motivated, and thrives in a fast paced, deadline-oriented environment.
Key Responsibilities
- Assist in the planning, preparation, and socialization of the annual compliance monitoring and testing plan, including performing compliance risk assessments in collaboration with regional and global L&C stakeholders.
- Execute key components of the CMT Team’s monitoring and testing programme, e.g., delivering the scoping, execution and reporting of CMT test and reviews. This includes undertaking extensive scoping and planning activities to develop comprehensive test plan/testing matrix; drafting cohesive reports/working papers for CMT reviews; presenting findings and recommendations to senior management within L&C and senior business stakeholders.
- Assist in the tracking of identified issues and action plans to validate remediation efforts, as well as escalating to relevant stakeholders where required.
- Prepare and deliver management information used for senior management, boards and committee postings.
- Develop strong partnerships and collaborate with key stakeholders within business as well as L&C department both regionally as well as globally.
- Lead/deliver strategic projects and initiatives as part of ongoing programme enhancements.
- Build an understanding and awareness of BlackRock’s business, product platform and its operational and regulatory control environment.
- Develop strong subject matter expertise on specific regulations, particularly relevant to BlackRock’s business activities regionally and globally, including maintaining an up to date knowledge of changes in key regulatory requirements, regulatory focus and risk themes impacting BlackRock.
- Proactively identify, analyze and elevate key regulatory risks identified as part of risk assessment and/or compliance monitoring activities.
Knowledge, Experience and Education
- Minimum 7 years relevant experience.
- University degree or other equivalent professional qualification.
- Proven track record of leading deep dive regulatory or compliance reviews and targeted testing at a regulated firm, a regulator or leading consulting firm.
- Understanding of the asset management sector.
- A strong knowledge of regulatory requirements and focus areas in the UK and European Union.
- Excellent verbal and written communication skills with a track record of drafting high impact and high-quality reports.
- Project management skills and experience delivering projects in a complex organization.
- A proven track record in producing high quality deliverables under competing priorities and adherence to deadlines.
- Knowledge of other key Compliance and risk management topics would be beneficial, for example risk assessment methodologies and developing management information.
- Motivated, action-oriented and adaptable.
- Strong analytical, critical thinking and problem-solving skills with the ability to exercise sound and balanced judgement.
- Proactive identification of risks and ability to propose solutions.
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.
Compliance Monitoring and Testing, Vice President in Edinburgh employer: LGBT Great
At BlackRock, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through comprehensive benefits, including flexible time off, education reimbursement, and resources for physical and emotional well-being. Located in a vibrant city, our hybrid work model not only supports work-life balance but also enhances learning and development opportunities, making it an ideal place for professionals seeking meaningful and rewarding careers in compliance and risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Compliance Monitoring and Testing, Vice President in Edinburgh
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like LGBT Great looking for candidates who are engaged and informed.
We think you need these skills to ace Compliance Monitoring and Testing, Vice President in Edinburgh
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at LGBT Great. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at LGBT Great
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with LGBT Great’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
