Vice President, Business Audit

About this role

Internal Audit

Internal Audit's primary mission is to provide assurance to the Board of Directors and Executive Management that Black Rock's businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of Black Rock's individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results.

Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that Black Rock will meet its obligations to clients, shareholders, employees and other stakeholders.

Business Audit

With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all Black Rock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses.

Atlanta

Black Rock's Atlanta office was established in 2019 and is a microcosm of the firm across four ecosystems:
Client Businesses, Corporate Functions, Aladdin and Investments, with collaborative engagement amongst teams. Atlanta offers a unique experience by combining the firm's global impact with a strong local community focus.

Business Audit Vice President Responsibilities & Qualifications

Specific responsibilities include:

* Project managing and leading the execution of audits (global, regional, and integrated) in aforementioned areas. Responsibilities include all aspects of the audit process (e.g. risk assessment; scope determination; test work; audit issue and report writing)

* Relationship management of primary Internal Audit business stakeholders for lines of business, including acting as the primary Internal Audit business engagement liaison for one or more lines of business

* Providing advisory services during the development of new businesses and systems

* Assistance in the formation of the annual audit plan through direct input, insight, and perspective around current business, industry, and regulatory risk factors

* Interact with regulatory examiners upon request

* People management responsibilities of audit staff, including coaching and feedback

* Identifying emerging firm-wide and business risks and understanding key changes in strategies and operating model through ongoing engagements with business management

* Completing annual risk assessments of business areas

* Leading or contributing to global departmental projects

* Travel to regional and international locations may be required

Qualifications

* Undergraduate or graduate degree

* 6+ years of experience; preferably in financial services and/or internal audit, including an understanding of financial instruments and asset management processes and risks

* Interest in broad exposure to investment management, sales, trading, operations, risk management, finance, and compliance activities in the asset management industry

* Proficient understanding of current regulatory and industry events

* Relevant professional certifications are a plus (ACCA, CA, CIA, IMC, CFA, CPA)

Skills

* Audit Issue and Report Writing

* Developing Others

* Critical thinking and problem-solving abilities

* Excellent communication (verbal, written, listening) and interpersonal skills.

* Ability to develop and maintain effective working relationships with peers and business partners.

* Intellectual curiosity and healthy skepticism

* Ability to articulate complex subject matters succinctly.

* Strong project management and organizational skills

* Data analysis

For Atlanta, GA Only the salary range for this position is USD$ - USD$ . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. Black Rock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

Black Rock'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…