Portfolio Regulatory Reporting & Compliance, Associate at BlackRock

Gurugram, Haryana, India

BlackRock Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Asset Management, Financial ServicesIndustries

Requirements

  • 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 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

Responsibilities

  • 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
  • Monitoring and reporting of major shareholdings, short selling activities and Takeover Panel transactions across all major global investments
  • Disclosing and reporting various information to fund boards and clients, including sub-advised clients

Skills

Aladdin
Portfolio Compliance
Regulatory Reporting
Compliance Monitoring
ERISA
Fiduciary Monitoring
Short Selling
Takeover Panel
Thresholds Reporting
Disclosures Reporting

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.

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