Project Management Vice President

Edinburgh, United Kingdom
03 Jul 2022
08 Jul 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

About this role

Job Description

BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from fundamental and quantitative active management approaches aimed at enhancing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Business Unit Overview:

The Regulatory Operations team plays a vital role for BlackRock, responsible for crafting, implementing and leading all aspects of the operating model for many of the largest and most sophisticated regulatory obligations impacting BlackRock and its clients. The team partners with many internal teams, alongside Legal & Compliance, to represent BlackRock in both industry and regulator engagements.

Reg Ops covers three key pillars - Client Reporting, Transaction Reporting and Period Filing/Tax. Examples of the key regulations owned include MIFIR, G20 Derivative Reporting, Regulatory Costs Disclosures and Form ADV filings

Job Purpose/Background:

This role is to own large global regulatory change initiatives, primarily where BlackRock is supporting clients to meet their own regulatory obligations. Example initiatives include the Regulatory Costs initiative, which strives to harmonize multiple regulatory requirements (e.g. MIFID II, PRIIPS, CTI, CMA, RG97) via implementation of an industry leading Aladdin based solution. Other initiatives include upgrading BlackRock's operational platform and client service in support of Risk Based Capital regulations, such as Solvency II.

The role will involve partnering with BlackRock's Legal, Compliance and client facing teams, alongside regulatory and technology specialists within the Reg Ops team, to drive requirement definition, before working closely with multiple internal teams, including the Aladdin Product Group, Trading, Portfolio Analytics, Alternatives, Fund Accounting and Client Reporting to design and implement scalable and robust solutions.

The role also includes partnering with colleagues to establish and run appropriate project governance frameworks, communication with ExCo level stakeholders, as well as risk evaluation and escalation where required.

Key Responsibilities:
  • Program management of sophisticated change initiatives, including governance and risk management
  • Drive business requirements analysis of relevant regulatory and client requirements, as well as industry standards
  • Partner across functions to agree and implement end to end target operating models
  • Run the design and implementation of enterprise level technology solutions within the Aladdin Regulatory Technology ("RegTech") platform

Development Value:
  • Exposure to many business areas, including ExCo level partners
  • Develop expertise across the entire range of investment products and clients across Blackrock
  • Build experience of global regulatory regimes impacting BlackRock and its clients
  • Opportunity to craft and influence technology strategy for the Aladdin platform
  • Future development opportunities within Business Operations and beyond in BlackRock

  • Experience of working in the financial services industry across a wide range of products
  • Experience of leading large scale sophisticated change programs requiring strong governance, executive level communications and risk management
  • Experience of Financial Services regulations impacting Asset Management firms
  • Project management, including abilities to: facilitate compromise between conflicting requirements / points of view; drive resolution on key issues and consensus on key decisions; and operate at different levels, knowing when to dive into the detail
  • Ability to manage workloads and work to regulatory timelines
  • High level understanding of data, technology and operational controls
  • Technical proficiency, understanding technology in a business context
  • Strong English Language and communication / interpersonal skills, both verbal and written
  • Attention to detail

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.

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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

Similar jobs

Similar jobs

  • You need to sign in to save