About this roleThe team The Funds Compliance team oversees the compliance program for BlackRock's US registered product line up, which includes ETFs, mutual funds, closed end funds, and BDCs. The team covers index and actively managed products. Members of the team support product development, policy and procedures design and testing, regulatory implementation and fund boards of directors.
Role and impact We are seeking a highly motivated professional to serve as a senior member of the 1940 Act Compliance team.
The individual will be focused on supporting all aspects of the 1940 Act funds business, including support of the compliance programs, policy and procedure development and reviews, new product development including ETFs and digital assets, and portfolio management and capital markets functions.
The individual will be able to effectively manage compliance risk and help ensure compliance with regulatory requirements and applicable policies and procedures. Candidates should be able to work effectively within a team environment, but also be self-directed and able to work autonomously.
ResponsibilitiesResponsibilities will include:
- Support senior team members in development of the compliance program for 40 Act and 33 Act funds, including providing support for new product development and digital assets initiatives.
- Support and partner with portfolio management, capital markets, trading and fund administration functions in all aspects with touchpoint to fund compliance.
- Implement compliance programs/control frameworks relevant to regulatory risks and legal requirements, including development of policies and procedures and the associated testing program.
- Support digital assets and tokenization initiatives across the fund platform.
- Participation in special projects and strategic initiatives.
We are looking for- At least 10 years of relevant experience from a law firm or a legal and compliance department of a leading investment management/financial services organization.
- Experience with the Investment Company Act of 1940 is preferred.
- Experience drafting policies and procedures to be used by investment professionals.
- Familiarity with compliance related software and applications
- Strong writing and verbal communication skills.
- Strong risk focus and attention to detail.
- Strong organizational skills and ability to manage multiple time sensitive matters in a demanding, fast-paced and fluid environment.
- Business and solution-oriented approach to interacting and working with key business partners is critical for this role.
- Expertise in affiliation and fund of funds rules is preferred.
- Bachelor's degree required; law degree or M.B.A. welcome.
For New York, NY Only the salary range for this position is USD$215,000.00 - USD$270,000.00 . 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.For Atlanta, GA Only the salary range for this position is USD$200,000.00 - USD$250,000.00 . 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 benefitsTo 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 modelBlackRock'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.
Guidance on AI use for candidatesAt BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided
guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
