BlackRock Financial Crime Associate

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • BlackRock
  • 25 Sep 16

BlackRock Financial Crime Associate

BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Business Unit Overview:

Blackrock's Compliance Department protects Blackrock's reputation and provides client focused advice. It understands challenges and advises on the impact of regulation in our business, with the objective of:

  • Actively participating in business decisions to champion our clients' interests and assist the business to translate Compliance into their daily work
  • Have client interests at the centre of everything we do
  • Cultivate and enhance the compliance culture within BlackRock
  • Provide thought leadership on the impact and implementation of regulation
  • Developing and fostering excellence within the Compliance team


Role Description:

The firm is seeking an individual to be part of the EMEA Financial Crime Team based in London to support the Alternatives and Investment businesses. The successful candidate will need to demonstrate extensive knowledge of, and experience in dealing with,both financial crime issues, including anti-money laundering, sanctions, bribery and corruption and fraud, and an understanding of the investment and Alternatives businesses that BlackRock has. These businesses currently include equities, fixed income, real estate, private equity, hedge funds, infrastructure and renewable power. The successful candidate will report to a more senior team member based in London and work with them to support the region.

Key Responsibilities:

  • Working closely with other members of the EMEA Financial Crime in continuing to build out a framework in relation to managing the Money Laundering, Fraud, Bribery and Corruption and Sanction risks posed by the investment businesses.
  • Providing advice and guidance to stakeholders across the investment businesses.
  • Performing risk assessments on all the four Financial Crime risks for the businesses supported
  • Drafting Anti-Money Laundering and other relevant policies and procedures tailored for the businesses, as appropriate
  • Providing face to face financial crime training to the businesses.
  • Providing oversight of the transfer agents utilised by the Alternative businesses.

Knowledge/Experience:
  • The successful candidate should have experience in Financial Crime areas at other financial institutions, either through having worked for an investment management firm or a bank in this field, or having worked for a large consultancy.
  • Extensive and proven experience in financial crime is expected.
  • The candidate should have relevant investment strategies business experience and should be comfortable with the range of businesses which BlackRock currently has, although experience with all of them is not necessary.
  • The candidate should also be experienced in writing policies, procedures and training.
  • Strong analytical and risk assessment skills.
  • Excellent communication, judgement and business partnership skills.
  • Able to work independently and yet still be team-oriented.
  • Proactive, self-motivated and well organized.