Wilmington, DE, 19893, USA
6 hours ago
Vice President, Product Oversight & Governance - Delaware
**About this role** BlackRock is one of the world’s pre-eminent asset management firms with over $9 trillion in assets under management. We are 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 rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. **Team Overview** Global Accounting & Product Services (GAAPS) GAAPS is a global servicing department within Technology and Operations that manages the accounting and operating control environment for BlackRock’s global commingled vehicles and separately managed accounts and provides various other administrative and oversight services to BlackRock’s various product ranges including the BlackRock mutual funds and iShares ETFs. Responsibilities include: + Oversight of internal and outsourced accounting, administration, custody, financial reporting, and transfer agency functions. + Board governance and reporting. + Product lifecycle management and business strategy enablement. + Technical accounting and regulatory reporting guidance. + Portfolio trade compliance monitoring and adherence to product and regulatory guidelines and policies. **Americas (AMRS) Product Oversight and Governance (POG)** AMRS POG is a unit within GAAPS. AMRS POG teams are organized regionally to support the specific requirements of our different fund ranges, collaborating with customers, partners, and team members. AMRS POG coordinates the fund level "structural" needs, providing support to BlackRock business groups and the Board of Directors/Trustees responsible for them. The AMRS POG team is accountable for the oversight of the funds' control environment and the management of various business affairs to support our funds. They work with GAAPS and Business Operations to handle product and regulatory changes. In addition, they collaborate with internal teams responsible for accounting oversight, financial reporting, product development, pricing, tax, legal, and compliance to ensure quality and value for our shareholders. **Role Responsibility: AMRS POG Fund Services Vice President** + Oversight of outsourced functions including fund auditors, review performance of the service providers, and evaluate control environments. + Review and challenge policies and procedures to help evolve the operating model to standard methodology. + Assess the operating model for risk and efficiency, with a focus on automation and technology. + Manage periodic fund distributions process, working closely with product development and tax teams. + Product lifecycle engagement for launches, liquidations, mergers, and other structural events. + Contribute towards and prepare presentations to BlackRock governance bodies (e.g. fund boards) and committees. + Participate in the investigation of operating events and coordinate with cross functional colleagues. + Provide fund accounting technical input across all operational aspects. + Support the financial reporting team with limited reviews of certain technical areas; support the financial statement and other fund certifications. + Build good relationships with business areas within BlackRock to support effective cross-functional engagement. + Contribute to ensuring compliance with all relevant BlackRock policies and with regulatory requirements impacting the funds. **Experience** + 6-10 years 1940 Act investment management proven experience with fund structures such as open-and close-end mutual funds, interval and tender offer funds, and exchange traded funds. + Accounting, reporting and investment operations for a broad array of domestic and foreign equity, fixed income, financing and derivative investment holdings and strategies. + Fund / product lifecycle events such as launches, liquidations, mergers, and other restructuring events. + Familiarity with RIC tax and fund distribution requirements. + Diverse range of fund expense structures (unitary and pass thru) and methods for waivers, caps, allocation, and application of break points. + External service provider oversight and control environment assessment. + Mutual Fund and/or ETF Fund Administration experience a plus + Project management experience a plus **Project Management for regulatory and business change** + Accountability and ownership of key functions and special projects. + Vendor management experience. + Good understanding of the fund valuation and associated transaction lifecycle and key control frameworks. + Solid prioritization skills and ability to handle competing priorities. + Proven track record in implementing change management. + Develop practical and pragmatic solutions through a ‘hands on’ approach. + Strong verbal and written communication capabilities with all levels, including portfolio managers, fund directors, external auditors, senior management, and vendors. + Excellent attention to detail and passion for performance. For Wilmington, DE Only the salary range for this position is USD$0.00 - USD$0.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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. **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 @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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.
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