Emea Advisory Red - Edinburgh, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

Edinburgh, United Kingdom

23 hours ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Description

About this role

Business Unit Overview:

BlackRock's Compliance Department protects BlackRock's reputation and provides client focussed advice.

It understands, challenges and advises on the impact of regulation in our business, with the objective of:

Actively participating in business decisions in order to champion our clients' interests;
Collaborating with the business to position Compliance centrally into their daily work;
Ensuring that client interests are at the centre of everything we do;
Cultivating and enhancing the compliance culture within BlackRock;
Providing thought leadership, analysis and advice on the impact of the regulatory framework on the business and its clients; and
Developing and fostering excellence within the Compliance team.

Role Description:

This role is necessarily broad given the growing footprint of digital regulations and with the RED team providing professional compliance advice, support, challenge and oversight including on business development, regulatory implementation, policy design andregulatory reporting and training.

Key responsibilities/elements of the role will include:

Act as compliance advisor on key digital regulations including, but not limited to, cryptoassets, DORA, and the UK operational resilience rules (including those relating to critical third-parties). An understanding and experience of the UK and EU regulationsenvironment and legislative process is essential;
Translating regulatory requirements into documented interpretive guidance;
Working with Legal and Compliance colleagues to maintain and update a library of such interpretations, including those in response to changes to rules, regulatory expectations and business processes;
In partnership with business colleagues, identifying the scope and impact of regulatory changes on business processes;
Advising impacted business areas on changing regulatory requirements and on the design of required controls enhancements;
Exante verification of the outputs, controls and processes (as applicable) designed by business partners to meet regulatory requirements;
Working with Legal and Compliance colleagues in implementing expost testing and verification of the outputs from business process to ensure these are consistent with regulatory requirements and expectations

This may include:

Expost review of procedures adopted by business areas;
Data driven testing / surveillance of compliance with the relevant regulation;
Periodic riskbased sample testing of outputs;
Participating in global and/or regional Compliance initiatives to ensure global consistency, implementing new requirements and ensuring best practices, and
Supporting the head of the team and global counterparts in providing qualitative compliance advice to all business units impacted by relevant regulations and ensuring relevant issues are escalated appropriately.
Liaising with BlackRock's internal teams, such as Technology and Operations and Aladdin Product Group to provide advice and support to business functions on relevant regulations;
Working with global counterparts in the US and APAC to ensure a level of consistency globally, leveraging best practice wherever possible; and
Assist with preparation and delivery of management information, reports and presentations to department and business unit management, management company boards and regulatory bodies as required.

Knowledge/experience:

Ability to articulate complex issues in a clear and concise manner. Strong presentation skills and effective in writing, including ability to escalate where necessary;
Successful record in navigating a complex matrix of accountability and stakeholders;
High standard of accuracy and excellent attention to detail. High levels of intellectual rigour and curiosity also an advantage;Excellent organisational skills ability to prioritise own wo