Analyst, Regulatory Reporting & Compliance
- Recruiter
- BlackRock
- Location
- Gurgaon, India
- Salary
- Competitive
- Posted
- 20 May 2023
- Closes
- 01 Jun 2023
- Ref
- 19397457
- Job Function
- Compliance/Regulatory
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Description
About this role
Team Overview
Portfolio Compliance Group (PCG) is a global group which sits within Global Accounting and Product Services (GAAPS), a core functions within the Business Operations Group at BlackRock. PCG is responsible for implementing controls & processes, to ensure we are portfolio compliant and aligned with all regulatory and portfolio issued guidelines. This relates to trading and investments, including Aladdin pre-and post-trade compliance and non-Aladdin trading compliance; global syndicate offering review; ERISA & Fiduciary monitoring, and Global Thresholds reporting.
This role sits in the Disclosures Reporting Team and primarily focuses on monitoring and reporting of major shareholdings, short selling activities and Takeover Panel transactions across the Americas and Asia Pacific. The remit of the role covers all major global investments. We are also responsible for disclosing and reporting various information to fund boards and clients, including sub-advised clients.
You would like to:
Your responsibilities may include:
You have:
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.
Our hybrid work model
BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.
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 Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
About this role
Team Overview
Portfolio Compliance Group (PCG) is a global group which sits within Global Accounting and Product Services (GAAPS), a core functions within the Business Operations Group at BlackRock. PCG is responsible for implementing controls & processes, to ensure we are portfolio compliant and aligned with all regulatory and portfolio issued guidelines. This relates to trading and investments, including Aladdin pre-and post-trade compliance and non-Aladdin trading compliance; global syndicate offering review; ERISA & Fiduciary monitoring, and Global Thresholds reporting.
This role sits in the Disclosures Reporting Team and primarily focuses on monitoring and reporting of major shareholdings, short selling activities and Takeover Panel transactions across the Americas and Asia Pacific. The remit of the role covers all major global investments. We are also responsible for disclosing and reporting various information to fund boards and clients, including sub-advised clients.
You would like to:
- Work in a culture of willingness, inclusion and hands-on engagement at all levels
- Build strong relationships with colleagues from Portfolio Management, Institutional Client Business, Legal & Compliance, and Investment Stewardship and work closely with Business Operations and Technology
- Learn about various global regulatory reporting requirements, and stay up to date on regulatory changes that may impact the team
- Tackle and solve complex problems in an ever-changing environment, with a target on process optimization, data & technology in a pragmatic approach.
Your responsibilities may include:
- Reviewing system reports of shareholdings against trade movements, and reporting holdings that have reached prescribed thresholds
- Submitting disclosures in an accurate and timely manner & maintaining clear records of all filings and communications
- Identifying holdings that are approaching prescribed threshold limits and engaging portfolio managers to allocate limited investment capacity, ensuring the best possible outcome for our clients
- Working with our partners to improve processes and controls that build capacity and scale, and supporting automation
- Performing ad-hoc analysis for our partners and clients
- Maintaining procedures across all processes to ensure high-level quality control
- Communicating with regulators and internal legal counsel regarding complex, sensitive topics
You have:
- Bachelor's degree or higher in a related field (preferred but not required)
- Recent experience or strong academics with a background in finance or similar field with a keen interest in the investment management industry and of investment products preferred
- Experience in working with and developing strong and positive relationships with both internal and external partners
- Strong control / risk mitigation mentality; ability to apply proven judgement as to when to raise issues
- Excellent communication skills (written and verbal) to work directly with clients and across all levels of staff and management. Ability to convey complex concepts simply and clearly to target audience
- Focus on continuous improvement and process innovation.
- Strong IT skills such as Microsoft Office applications and experience with Visual Basic and SQL (preferable)
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.
Our hybrid work model
BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.
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 Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.