Associate, Portfolio Compliance Monitoring - Princeton
BlackRock is the world's largest asset manager, dedicated to empowering employees to make a difference. The Associate in the Portfolio Compliance team will implement controls and processes to ensure compliance with regulatory and portfolio guidelines, while engaging with various business functions across the firm.
Responsibilities
- Pre-clearing syndicated primary market purchases to ensure that BlackRock affiliate and Client affiliate involvements are aligned with applicable exemptions/guidelines
- Finalizing prospectus document reviews and retrievals
- Liaising with Global Capital Markets, Legal and Compliance and Portfolio Management to clarify any missing queries with primary market reviews
- Pre-trade and Post-trade violation investigation & resolution
- Manual test execution
- Identification of coding issues
- Becoming acquainted with BlackRock’s various Aladdin applications, trade flow process, and data environment
- Crafting new system rules, improving existing compliance coding, and 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
- Leading or handling strategic projects and initiatives
Skills
- Bachelor's degree in finance or similar fields
- Experience supporting trade compliance activities, including primary market pre‑clearance, prospectus review, and investigation of pre‑ and post‑trade issues
- Strong systems aptitude with hands‑on exposure to compliance testing, rule execution, issue identification, and trade‑flow/data analysis
- Analytical, detail‑oriented mindset with the ability to partner cross‑functionally and contribute to process, control, and efficiency initiatives
- Knowledge of financial instruments and markets
- Strong interpersonal skills and work ethic
- Analytical mind and approach
- Attention to detail
- Dedicated approach to issue resolution
- Ability to recognize individual and team objectives and goals
- Ability to facilitate compromise between conflicting requirements or points of view
- Experience with Microsoft Office Suite
- Knowledge of programming languages (such as Visual Basic, C++, or Java)
- Understanding of relational database concepts (including SQL)
Benefits
- Annual discretionary bonus
- Healthcare
- Leave benefits
- Retirement benefits
- Strong retirement plan
- Tuition reimbursement
- Comprehensive healthcare
- Support for working parents
- Flexible Time Off (FTO)
Company Overview