Associate, Regulatory Engagement & Development and Broker-Dealer Compliance

About this role

Description

The Regulatory Engagement and Development and Broker-Dealer Compliance team oversees BlackRock’s registered personnel’s compliance with applicable laws, rules and requirements, including those of FINRA, NFA, MSRB, and state securities, investment adviser and insurance regulators. The team is also responsible for engaging with BlackRock’s regulators across the Americas region, including examinations and inquiries, and providing management information related to such engagements for various internal and external reporting requirements.

Position Overview

We are looking for a dynamic and enthusiastic candidate capable of functioning in an efficient, detail-oriented, and proactive manner, in a fast-paced environment. The candidate should be extremely motivated, eager to learn, a team player, resourceful, organized, communicative and able to leverage the managers’ time by proactively completing tasks independently with integrity and strong attention to detail.  

The focus of the Compliance Associate will be providing support in the overall maintenance and ongoing enhancement of a robust compliance program for BlackRock’s Broker-Dealer, Regulatory Engagement and Development and NFA compliance programs, and other ad-hoc compliance projects.  

Key Job Responsibilities:

• Assist senior compliance managers with regulatory engagements, including on-site exam coordination, document production and maintenance and reporting of related management information
• Monitor BlackRock registered personnel’s activities, including new hire registrations, personal status changes and internal transfers ensuring filings are processed in a timely and accurate manner
• Understand and manage licensing & registrations systems (i.e., FINRA – Gateway, NFA ORS), background and fingerprint screening processes, and their downstream impact
• Prepare and submit required regulatory forms for registering or terminating personnel in accordance with FINRA, SEC, MSRB, NFA and State laws, rules and requirements
• Respond to escalated internal inquiries and resolve registration issues with regulators, including state agencies
• Prepare and maintain reporting records for business, registered representatives and management oversight committees in various platforms
• Completing testing of BlackRock regulated entities under the Annual FINRA 3120/3130 and branch office testing programs
• Assist with maintenance and implementation of the Firm’s policies & procedures related to Broker Dealer policies, Training Materials, and Certifications
• Various on-going initiatives and ad-hoc projects, as needed

Skills/Requirements:

• BS/BA degree required
• 3-5 years’ experience in regulatory compliance, legal or regulatory functions
• Solutions-driven, confident, and highly motivated.
• Excellent organizational, project management, strong analytical, and interpersonal skills.
• Team player capable of handling multiple projects simultaneously and producing work with impeccable integrity and attention to detail.
• Ability to observe the highest degree of confidentiality in handling sensitive information.
• Ability to build and maintain effective working relationships with business operations, human resources, and corporate security; comfortable communicating with all levels of staff.
• Working knowledge of financial services industry regulations, including registration requirements under FINRA, SEC, NFA, MSRB, and/or state rules is a plus.
• Experience with FINRA’s WebCRD and NFA’s ORS registration systems is a plus.
• Strong technical proficiency in Windows applications (e.g., Excel, Word, PowerPoint).

Recommended, but not required:

The ability to obtain the SIE, S7 and S24 within two years of employment.


For Princeton, NJ Only the salary range for this position is USD$90,000.00 - USD$120,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock 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

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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.