Associate, Risk and Controls

About this role

Team Overview

BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations.

About this Role

As a Risk and Controls Associate embedded within the business, you will be responsible for identifying, assessing, and mitigating operational and strategic risks across key business processes. You will partner closely with cross-functional teams – including, but not limited to Client, Portfolio Management, Operations, Technology and Compliance teams to ensure that controls are effectively designed and operating as intended. This role is central to maintaining BlackRock’s high standards of governance, transparency, and fiduciary responsibility.

 

We work hard and move quickly as a well-coordinated, collaborative team whose exceptional people are focused on providing extraordinary client service. If you are looking for an opportunity to grow and contribute in a fun, industry-disruptive, fast-paced environment, SMA Solutions is the place for you.

 

Key responsibilities

 

Risk Aware Culture

• Maintain ongoing engagement with business stakeholders to monitor emerging risks, operational changes, and control enhancements in real time
• Interpret company policies and procedures and implement them within the business unit
• Develop business process, policy, risk management and controls documents
• Develop bespoke training to build deep understanding of firm policies and procedures
• Support culture of continuous improvement; identify opportunities to automate controls, streamline processes, and enhance risk visibility through data and analytics
• Support the opportunities for improvement (“OFI”) process and provide connectivity across relevant teams to address critical events and resolution
• Contribute to quarterly risk and control updates and leadership briefings
• Be a key contributor to a risk aware culture

 

Internal Audit Support

• Support audit preparation efforts across the business unit, including documentation, stakeholder alignment, and pre-audit assessments
• Serve as point of contact for Internal Audit and ensure timely responses to audit requests
• Act as a subject matter expert on risk and control themes within the business, translating audit findings into actionable business insights
• Facilitate cross-team collaboration during audit cycles and leverage learnings
• Support business leads to ensure all internal audit requirements are delivered timely and accurately
• Track and validate the implementation of agreed-upon remediation actions, ensuring timely and sustainable resolution of audit issues

 

Qualifications

 

• 3+ years of relevant experience in risk, audit or business management within the asset management or broader financial services industry with a particular focus on risk and compliance frameworks
• Strong project coordination experience
• Strong analytical and problem-solving skills with the ability to synthesize information, summarize issues and think creatively
• Strong proficiency and demonstrated experience working in all Microsoft Office applications, particularly Microsoft Excel and PowerPoint; experience with data visualization tools is a plus
• Innovative – always looking for ways to improve and enhance delivery, exuding an entrepreneurial “can-do” attitude
• Ability to design, develop and draft high quality policy and procedure documents
• Ability to manage multiple deliverables in a fast-paced environment
• Committed to a culture of excellence and a positive, inclusive experience for all
• Team player who can work collaboratively and is inquisitive, comfortable with ambiguity
• Exemplary communication skills (verbal and written)
• Superior interpersonal skills; able to communicate and partner at all seniority levels and regions
• High degree of professional discretion, integrity, and discernment
• BS/BA required

For Atlanta, GA Only the salary range for this position is USD$95,000.00 - USD$127,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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 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.

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

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

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.