BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. The Enterprise Risk function within RQA oversees those risks which directly impact the corporate entity (i.e. BlackRock, Inc. and its subsidiaries), rather than the fiduciary risks assumed by funds/clients, such as investment risks and counterparty risks. The team’s focus includes but is not limited to: operational, regulatory, technology, third party, model and market risk.

The Resilience Risk Assessment team within the Enterprise Risk function is responsible for assessing the firm’s prudential risks to ensure the firm’s capital and liquidity resources remain adequate under severe stress. Some key prudential risks are credit, market, liquidity and operational risk.

Responsibilities

• Support enterprise risk assessments and documentation, such as Internal Capital Adequacy and Risk Assessment (ICARA), including the development and documentation of key risk scenarios and modelling for operational risk capital.

• Partner with business and risk partners to understand and quantify the financial impact of stress scenarios.

• Production of risk reporting for the Enterprise Risk team, Risk Owners, Committees and Boards.

• Enable oversight, challenge and reporting to business areas on risk management, design and effective operation of controls, including Risk & Control Self Assessments.

• Development and active promotion of the risk management framework and BlackRock risk-aware culture, including roll-out of prudential risk framework tools and training.

• Provide support for the development of risk appetite and risk profiling.

• Partner with colleagues across Enterprise Risk to synthesize risk reporting for oversight purposes.

• Support the preparation for, and response to, oversight reviews of the prudential risk framework (e.g. internal audit and regulatory reviews).

Development Value

• Provides an opportunity to develop enterprise risk management skills and knowledge within a pre-eminent asset management firm within the industry.

• Engage with collaborators across the firm to gain insights into BlackRock's products, services, and processes, offering an outstanding opportunity in Enterprise Risk.

What you have:

• A degree, preferably in Business, Finance, Risk Management, or a quantitative field.

• Excellent verbal and written English communication skills.

• Strong analytical skills with the ability to identify emerging risks, explain risk trends, understand and resolve issues, and communicate results with impact.

• Computer literate, with strong Excel skills.

• Integrity combined with high personal and professional standards. A strong commitment to excellence and ability to get a job done in the face of adversity.

• Strong interpersonal skills and an ability to communicate (verbal, written and presentation) across all levels within the organisation.

• Proactive self-starter, ability to learn quickly and to take initiative. Enthusiasm and energy combined with a clear sense of how to “make it happen”.

• Ability to work with key stakeholders to develop and implement solutions to reduce risks across the organisation.

• Solid understanding of risk management and/or regulatory frameworks, e.g. Investment Firms Prudential Regime or Capital Requirements Directive.

• Good teamwork skills.

You might also have:

• Experience within financial services and asset management.

• Understanding of investment products.