About this role
Title: Associate, Enterprise Risk Management
Job Description
Business Overview
BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. The Enterprise Risk function within RQA oversees those risks which directly impact the corporate entity (i.e. BlackRock, Inc. and its subsidiaries), rather than the fiduciary risks assumed by funds/clients, such as investment risks and counterparty risks. The team’s focus includes but is not limited to: operational, regulatory, technology, third party, model and market risk.
RQA is committed to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose.
Who We Are
The global RQA Thematic Risk Assessment team is an integral part of the RQA Enterprise Risk Management group. As a second line of defense function, our mission is to help ensure senior management has defined and implemented controls that protect our clients and firm, develop a “true-up” view of the risk and controls landscape in the first line of defense, and support the achievement of firm-wide business goals within our risk tolerance. TRA partners with senior management and leadership across the firm and from both business and technology functions to achieve this mission, including but not limited to, Client Business, BlackRock Global Markets, Infrastructure, Aladdin Product and Client Business Groups, Enterprise Technology & Information Security, and other risk and control functions.
Key Responsibilities
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Lead and support enterprise risk management programs such as but not limited to:
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Risk and Control Self Assessments (including Cyber Risk Institute Profile 2.0 Self Assessment); and
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Thematic Risk Assessments.
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Perform activities that support a rigorous thematic risk assessment regime, including but not limited to:
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Identification, analysis, evaluation, monitoring, and reporting of risk themes;
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Performing data and trend analyses of large datasets;
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Performing risk assessment activities using qualitative and quantitative methodologies; and
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Enhancing existing or building new risk measures.
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Work closely with multi-functional teams across within RQA (operational; technology; third-party; regulatory) and BlackRock to support the local BlackRock regulated entity’s (BlackRock Asset Management Ireland Limited’s) Board, Designated Persons and senior management team in implementing the BAMIL risk management framework.
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Perform technology resilience and information security oversight in accordance with Central Bank of Ireland regulatory requirements and European Union Directives.
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Participate in strategic enterprise risk initiatives that help handle risk and compliance in a sustainable, streamlined manner and enhance the firm’s resilience to risk.
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Stay updated on global regulations, industry standards, emerging trends, and other leading practice guidance related to Enterprise Risk Management, Risk & Control Self-Assessment, Enterprise and Operational Resilience, Cybersecurity, and Artificial Intelligence.
What We Look For:
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3+ years' of enterprise risk management experience (Asset Management or Banking industry experience preferred).
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Strong analytical and problem-solving skills and attention to detail, with the ability to analyze complex data, engage stakeholders purposefully, identify trends, and make informed risk management decisions.
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Practical experience in Enterprise Risk Management, Technology & Cybersecurity Risk Management, Compliance, Business Analysis, or related field.
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Familiarity with Central Bank of Ireland regulations and European Union Directives.
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Demonstrable ability to identify and analyze risk and control issues, challenge the status quo, and work with cross-functional and regional teams to ideate pragmatic solutions that strengthen the control environment.
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An ability to explain complex ideas in simple but impactful terms and use effective communication to influence outcomes.
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Relatable understanding of GRC tools, distributed systems, software development lifecycles, process modelling, cloud computing, &/or robotic process automation.
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Good understanding of industry-leading practices and control frameworks (e.g. COSO ERM Framework, CRI Profile 2.0, NIST CSF 2.0).
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Familiarity with office productivity, usage of open-source frameworks and business intelligence tools, including (but not limited to) Microsoft Office, PowerBI &/or Tableau.
The following would be advantageous:
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You have prior experience supporting and engaging with regulatory authorities &/or supervisory teams.
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You are – Certified in Risk & Information Systems Control (CRISC), Certified Information Systems Security Professional (CISSP) &/or a Certified Information Systems Auditor (CISA).
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You have automated risk and control management activities or analytics using one or more of the following: Python, JavaScript, .NET &/or SQL, and Power Apps.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
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