Investment Guidelines Compliance, Associate at BlackRock

Budapest, Budapest, Hungary

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset ManagementIndustries

Requirements

Associate level (3-4 years’ experience and above)
Bachelor’s degree or equivalent in a related field (background in finance or similar fields preferred but not required)
Solid understanding of economic concepts (knowledge of financial instruments and markets is a bonus)
Comfortable working across multiple functions, geographies and partners with maturity and judgement
Drive, high energy and sense of urgency
Proficiency in all Microsoft Office applications
Understanding of relational database concepts (including SQL) is beneficial
Experience in working with and building strong and positive relationships with both internal and external partners
Strong control / risk mitigation mentality; ability to apply solid judgement as to when to raise issues
Excellent written and verbal communication skills with the ability to convey complex concepts simply and clearly
Focus on continuous improvement and process innovation
Analytical thinking during problem solving
Rigorous attention to details

Responsibilities

Investment guideline monitoring of both BlackRock investment funds and client mandates across EMEA
Pre-trade and Post-trade investment guideline exception investigation & resolution
Working closely with portfolio management and other partners to ensure portfolio compliance
Manual test execution
Identification of investment guideline coding issues
Becoming acquainted with BlackRock’s various Aladdin applications, trade flow process, data environment and investment products
Investigating or troubleshooting potential errors when needed
Participating in efficiency and improvement initiatives by providing ideas and suggestions on possible improvements to systems or processes

Skills

Key technologies and capabilities for this role

AladdinInvestment GuidelinesPortfolio CompliancePre-trade CompliancePost-trade ComplianceERISAFiduciary MonitoringManual TestingTroubleshootingTrade Flow

Questions & Answers

Common questions about this position

What experience level is required for this Associate role?

The role seeks professionals at the Associate level with 3-4 years’ experience and above.

What are the key responsibilities of the Portfolio Compliance Monitoring team?

Key responsibilities include investment guideline monitoring of BlackRock investment funds and client mandates across EMEA, pre-trade and post-trade exception investigation and resolution, working closely with portfolio management, manual test execution, and identifying coding issues.

What skills and experience are preferred for this position?

Preferred qualifications include a Bachelor’s degree in a related field, solid understanding of economic concepts and financial instruments, proficiency in Microsoft Office and SQL, analytical thinking, excellent communication skills, and a strong control/risk mitigation mentality.

What employee benefits does BlackRock offer?

BlackRock offers a wide range of employee benefits including retirement investment to help you stay energized, engaged, and inspired.

What makes a strong candidate for this role?

Strong candidates demonstrate drive, high energy, sense of urgency, maturity in working across functions and geographies, strong relationship-building, rigorous attention to detail, and a focus on continuous improvement and process innovation.

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

Land your dream remote job 3x faster with AI

Try Jobo Free