About this role
Role Description:
As a member of the India Investment Advisory Compliance Team - this individual will work closely with their regional and global compliance counterparts to enhance and ensure a globally consistent Compliance framework for BlackRock’s businesses in India
This role focuses on supporting the Private Markets strategy in India, including providing compliance and regulatory coverage to an Indian AIF manager, and maintaining FPI regulations.
We are seeking an individual with exceptionally strong regulatory and advisory compliance experience with either a strong track record in asset management, a buy-side financial services firm or sell-side banking institution.
Key Responsibilities:
Be the main point of contact for SEBI regulations, particularly FPI and AIF regulations. Prior experience in dealing with SEBI is hence preferred.
Supporting the Private Markets strategy in India, including any FPI and AIF related initiatives.
Review and implementation of Compliance policies and procedures
Providing advice and guidance to business teams with respect to:
compliance with local, regional and global laws, regulations, best practices and BlackRock’s policies and procedures; and
based on a strong understanding of BlackRock’s fiduciary obligations and its commercial and business objectives.
Collaboration with Financial Crime, Legal and Risk & Quantitative Analysis and other corporate functions in the provision of advice and guidance to investment teams.
Participation in global and/or regional compliance initiatives to ensure global best practices and consistency including in the regional coordination of tasks.
Assisting in maintaining the integrity of BlackRock’s information barriers and Conflicts of Interest policy
Monitoring local and regional regulatory developments and evaluating their impact on the business by working with stakeholders.
Liaising with regional and global compliance and business colleagues as necessary in global initiatives.
Development Value:
Given the focus on India and Private Markets Investments as a strategy at the firm, this role assumes significant importance. The candidate has an opportunity to be involved in global and regional initiatives and will receive on the job training, acquiring product knowledge and exposure to multiple cross border legal and regulatory requirements.
Knowledge/Experience:
University degree in Law/Finance/Accounting/Business/Economics preferred.
Good understanding of financial industry and financial products
Proficiency in Word, Excel and Power points.
Understanding of regulation in the financial industry
Skills/Qualifications:
A minimum of 7 years relevant working experience in investment or regulatory compliance in asset management, a buy-side global financial services firm or sell-side banking institution.
Previous experience in dealing with SEBI and an understanding of the regulatory environment for alternative investments for India is preferred.
An understanding of private market asset management compliance programs (e,g. controls around Insider Trading regulations and managing Conflicts of Interests)
An understanding of financial crime such as AML and Anti Bribery and Corruption issues in India
Proficiency in both written and spoken English.
Strong attention to detail.
Ability to interact and negotiate with key internal and external business stakeholders.
Strong written/oral communication, organizational, and interpersonal skills.
Competencies:
Ability to interact with teams at all levels and work with colleagues across geographies in a matrix driven organization
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 | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.