Associate, Finance Controls – Service Organization Reporting – New York

Full-time @BlackRock in Finance & Internal Audit jobs
  • New York, US View on Map
  • Apply Before : January 9, 2023
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Job Description

Join leading Investment management company BlackRock as Associate, Finance Controls – Service Organization Reporting in New York, US. refer job details to submit BlackRock job application in New York.

 

Job Title : Associate, Finance Controls – Service Organization Reporting

Location : New York, US

Job Category: Finance & Internal Audit

 

Description

About this role

Business Unit Overview:
BlackRock Finance consists of professionals in disciplines such as Financial Planning & Analysis (“FP&A”), Treasury, Tax, Finance Controls, Sourcing and Vendor Management, Management Information Initiatives and Controllers. Finance Controls is a global team with presence in New York, Atlanta, Princeton, Edinburgh and Budapest. The SOR Team specifically has individuals in New York and Atlanta.

Job Purpose/Background:
BlackRock has professionals dedicated to the production and delivery of internal control reports (service organization reports including SSAE 18 and ISAE 3402 Reports) to clients. These individuals actively work with the business (including relationship management, portfolio management, business operations, legal and compliance, and technology personnel), as well as the external service auditors. The SOR Team provides coordination and oversight for documenting and testing controls with the business and service auditors. On a regular basis, this group provides status updates and discusses service organization reporting related topics with senior management. This group also works closely with other risk and control disciplines, such as Financial Controls Reporting, Internal Audit and Enterprise Risk Management (including Operational Risk and Technology Risk). A successful candidate will develop strong relationships across BlackRock, develop a broad understanding of the products and services offered by the Firm, develop a strong understanding of internal controls and deliver value-added services and recommendations to strengthen the risk and control environment.

Key Responsibilities:

Assist in the oversight and coordination for delivery of service organization reports globally
Work with the business and external service auditors to enhance SOR content, update report details and provide relevant documentation to the service auditors
Support the implementation of a coordinated approach by participating in walkthroughs with business executives, recommending potential control enhancements and conducting follow-up in preparation for the annual service organization report reviews
Coordinate the day-to-day follow-up with service auditors during their fieldwork to ensure projected timelines are met
Oversee the distribution of the service organization reports based on requests from clients and prospective clients
Coordinate activities with other risk and control functions
Demonstrate knowledge of professional standards/practices and apply knowledge in performing work
Effectively communicate both internally and externally to build positive relationships and understand key aspects of services provided to clients
Assist other individuals within the control function, including Financial Controls Reporting and Auditor Independence

Development Value:

This is a globally focused role in a team which is core to the entire operations of BlackRock. The role interacts with teams around the globe providing opportunity to understand operational and technology processes while developing key relationships.
This role will provide the candidate with the scope to effect positive change to the control environment by harnessing system capabilities and constantly evaluating processes & procedures to create value for the firm.

Knowledge/Experience:

Bachelors degree in Accounting or Finance
Professional qualification preferred (e.g., CPA, CISA, IIA) or in-progress
3 – 5 years of prior internal controls experience

Competencies:

Strong project management, organizational and interpersonal skills
Possess a strong internal drive and motivation for continuous improvement
Possess a high degree of integrity as well as the ability to adhere to both company policies and best practices
Ability to manage multiple priorities successfully within a deadline-driven environment
Excellent communication (oral, written and listening) skills
Critical thinking and problem-solving ability
Ability to develop effective working relationships with business and risk and control functions
Accuracy and attention to detail
Strong knowledge of Microsoft Office Suite (e.g., Excel, Word)
Limited travel may be required

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 pilot

BlackRock’s current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what’s important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our “One BlackRock” culture means you’ll be supported to collaborate with your new colleagues while bringing your full self to work – wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.

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