BlackRock, Inc

Vice President, Business Audit

BlackRock, Inc • $137K — $194K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate or graduate degree with 6+ years of relevant experience in financial services or internal audit.
  • Knowledge of financial instruments and asset management processes across various business functions.
  • Understanding of current regulatory developments and industry events.
  • Professional certifications such as ACCA, CA, CIA, IMC, CFA, or CPA are advantageous.
  • Strong critical thinking and problem-solving skills with effective communication abilities.
  • Experience in coaching and developing colleagues while building productive relationships.
  • Intellectual curiosity and project management skills, with a focus on data analytics.

Responsibilities

  • Lead and manage global, regional, and integrated audits throughout the audit process.
  • Act as the primary liaison for Internal Audit with business stakeholders across various lines.
  • Identify emerging risks and changes in strategies through ongoing engagement with management.
  • Contribute to the annual audit plan based on insights into business and regulatory risks.
  • Support interactions with regulatory examiners and respond to inquiries as needed.
  • Mentor and provide feedback to audit professionals for team development.
  • Participate in global departmental initiatives and may require travel.

Benefits

  • Strong retirement plan and tuition reimbursement.
  • Comprehensive healthcare coverage.
  • Support for working parents and Flexible Time Off (FTO).
  • Hybrid work model promoting collaboration and flexibility.
Full Job Description
About this role

Your Team

Internal Audit's primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock's businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock'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 BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders.

The Business Audit team operates across the US, Europe, and Asia, and conducts audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses.

Your Role and Impact

As a Business Audit Vice President, you will lead complex audit engagements, provide risk-based insights to senior stakeholders, and help strengthen the firm's control environment. You will serve as a trusted advisor to business leaders, contribute to the development of the audit plan, and identify emerging risks that may affect strategic objectives. This role offers broad exposure across BlackRock's business model and provides opportunities to influence decisions that support a resilient and well-governed organization.

Your Responsibilities

In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:
  • Project manage and lead the execution of global, regional, and integrated audits through all aspects of the audit process (e.g. risk assessment, scope determination, test work, audit issue and report writing).
  • Manage relationships 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.
  • Identify emerging firm-wide and business risks and understand key changes in strategies and operating model through ongoing engagements with business management.
  • Assist 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 and support responses to regulatory inquired as required.
  • Coach, mentor, and provide feedback to audit professionals to support individual and team development.
  • Lead or contribute to global departmental initiatives.
  • Travel to regional and international locations may be required.


Your Experience

  • Undergraduate or graduate degree and 6+ years of relevant experience, preferably in financial services, internal audit, or a related field.
  • Knowledge of financial instruments, asset management processes, and an interest to work across investment management, sales, trading, operations, risk management, finance, and compliance.
  • Understanding of current regulatory developments and industry events.
  • Relevant professional qualifications or certifications, such as Association of Chartered Certified Accountants (ACCA), Chartered Accountant (CA), Certified Internal Auditor (CIA), Investment Management Certificate (IMC), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA), are a plus.
  • Strong critical thinking and problem-solving capabilities, with the ability to communicate complex matter succinctly.
  • Ability to coach and develop colleagues, communicate effectively, and build productive working relationships and peers and business partners.
  • Intellectual curiosity and professional skepticism, supported by strong project management, organizational, and data analytics skills.
  • Practitioner-level AI fluency with demonstrated judgement.


For New York, NY Only the salary range for this position is USD$137,500.00 - USD$194,000.00 . 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.

Guidance on AI use for candidates

At 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.

About BlackRock, Inc

BlackRock is an investment management company that provides its services to a diverse range of clients, including institutions, intermediaries, foundations, and individual investors. The firm operates as a global asset manager, overseeing and advising on a wide array of investment portfolios. In addition to its role as an investment manager, BlackRock is also known for its technological innovations and solutions that support various aspects of the financial industry. The company's multifaceted approach encompasses investment management, financial technology, and serving a broad spectrum of clients in the financial ecosystem.

BlackRock, Inc Careers

Join the dynamic team at BlackRock, Inc, a premier global investment management firm, where innovation meets professional excellence. BlackRock offers unparalleled job opportunities in the finance sector, making it an ideal place for ambitious professionals to grow and excel. Work You’ll Do At BlackRock, Inc, you will be part of a culture that values diversity, leadership, and continuous growth. Engage in work that makes a real impact on the global economy, helping clients meet their investment goals while contributing to sustainable economic growth. Our team at BlackRock is composed of highly skilled professionals who lead the industry not just in assets under management but in ideas and innovation. Here, your skills will be honed through rigorous training and your career path will be as dynamic as the markets we navigate. BlackRock, Inc’s Leadership and Development Step into a role that challenges and excites with every project. BlackRock, Inc is not just hiring; we are building a future where every team member is equipped to lead. We believe in nurturing leadership through hands-on roles and comprehensive diversity training programs. Internship and Employment Opportunities Start your career with a BlackRock internship, where you will gain not just valuable work experience but also insights into our unique approach to investment management. Our internships are the first step to full-time employment, offering a deep dive into financial services with real responsibilities and learning opportunities. Benefits and Growth At BlackRock, Inc, we understand that our company’s success depends on the growth and satisfaction of our team. That’s why we offer competitive benefits designed to support your life, both at work and outside of it. From health and wellness to financial planning, we ensure our team is well taken care of. Innovation at Every Level Innovation is at the core of BlackRock, Inc. We invest in technology and ideas that redefine the boundaries of financial services. Our commitment to innovation is reflected in how we solve the industry’s biggest challenges and how we serve our clients. Networking and Professional Development Enhance your career with BlackRock’s expansive networking opportunities. Connect with industry leaders, participate in global forums, and collaborate with teams that champion creativity and forward-thinking. Our networking events are designed to foster connections that lead to groundbreaking solutions. Join Our Team Explore the job opportunities at BlackRock, Inc and find the position that matches your skills and ambitions. We are looking for curious, driven, and innovative individuals to join our team. Check out our open positions and prepare your resume for an exciting journey in the world of finance. Stay Connected Keep up to date with the latest from BlackRock, Inc Careers through our dedicated careers blog. Gain insider perspectives that can help you before, during, and after the interview process. Learn from the best and become a part of a company that’s shaping the future of finance. Job Alert Emails Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities waiting for you at BlackRock, Inc. Join BlackRock, Inc and be part of a team that’s dedicated to creating a better financial future for our clients worldwide. Your path to professional excellence starts here.
Learn more about BlackRock, Inc
Market Cap
$105.5 billion
Industry
Net Income
$4.9 billion
Founded
1988
5 Year Trend
+9.6%
Revenue
$16.2 billion
NASDAQ

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