DescriptionAbout this role
BlackRock Investment Management (Australia) Limited (BlackRock) is a licensed provider of financial services in Australia (AFSL number 230523) and acts as a responsible entity, trustee and investment manager for institutional and retail clients. It is a wholly owned subsidiary of BlackRock, Inc. which is headquartered in New York and provides a broad range of investment management and technology services worldwide.
BlackRock, Inc. is a leading publicly traded investment management firm with US $8.68 trillion of assets under management at December 31, 2020 and approx. 16,500 employees in more than 30 countries.
BlackRock’s compliance team in Australia forms part of the APAC regional compliance function (which in turn forms part of BlackRock’s global compliance function). The compliance team in Australia work in conjunction with a wide range of staff in offshore offices to provide compliance services to the Australian business.
For additional information on BlackRock, please visit www.blackrock.com
Role Aim/Purpose:
BlackRock is seeking an experienced Compliance Officer for its business in Australia. This role will report directly to the Head of Compliance for Australia and deliver to a range of compliance thresholds and objectives, including the following:
working closely with the local, regional and global Legal & Compliance function and internal business colleagues to provide high quality compliance advice and guidance on a variety of Australian and cross border related issues.
ensuring compliance deadlines and deliverables.
problem solving, dealing with regulatory and financial crime compliance issues and providing constructive challenge to the business.
supporting and facilitating a compliance platform which is locally, regionally and globally consistent and compliant.
Key Responsibilities:
Providing compliance and regulatory advice to BlackRock’s Australian business based on:
ensuring compliance with BlackRock’s AFS license;
ensuring compliance with local laws, regulation and best practice;
BlackRock’s fiduciary obligations to its clients; and
ensuring compliance with BlackRock’s policies and procedures.
Advising on existing product ranges including managed investment schemes and compliance plans.
Reviewing and advising on marketing literature and marketing activities generally
Overseeing the administration and operation of existing compliance policies and procedures.
Assisting in the design and build of new products to meet regulatory obligations.
Monitoring, tracking and reporting on relevant local, regional and global regulatory developments.
Assisting in the drafting and review of new policies and procedures
Providing training to the business on compliance matters
Facilitating quarterly reporting to the external Compliance Committee
Liaising with and assisting internal and external auditors.
Participating in global and/or regional compliance initiatives to ensure global best practice and consistency.
Liaising with local, regional and global compliance and business colleagues.
Experience, Skills & Knowledge Required:
At least 7-12 years working experience in compliance, preferably at an investment management, or other financial services organisation.
University degree in Law/Finance/Accounting/Business/Economics preferred.
Strong knowledge of the financial services regulatory environment in Australia (experience of ASIC and AUSTRAC at both a regulatory/technical and policy level is an advantage).
Strong analytical, problem solving and communication skills including the ability to write and present complex issues clearly, accurately and succinctly.
Ability to work autonomously with minimal supervision.
High levels of intellectual rigour, attention to detail and inquisitiveness.
Excellent time management and organisational skills.
A genuine team player and role model who can interact and negotiate professionally, diplomatically and effectively with key internal and external business stakeholders.
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 careers.blackrock.com| www.blackrock.com/corporate| Instagram: @blackrock | Twitter:@blackrock | LinkedIn:www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
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.
