BlackRock's Compliance Department protects BlackRock's reputation and provides advice to the business focused on ensuring the protection of our clients' best interests. The department operates in a dynamic environment with the team focused on understanding evolving business strategy, as well as advising on the impact of regulation in our business, with the objective of:

• Actively participating in business decisions to champion our clients' interests and assist the business in translating Compliance into their daily work and decision making;
• Putting client interests at the center of everything we do;
• Cultivating and enhancing BlackRock's Compliance culture;
• Providing thought leadership on the impact and implementation of regulation to our business and to the market; and
• Developing and fostering excellence within the Compliance team.

The Team

The Funds compliance team oversees the compliance program for BlackRock's US registered product line up, which includes ETFs, mutual funds, closed end funds, and BDCs. The team covers index and actively managed products. Members of the team support product development, policy and procedures design and testing, regulatory implementation and fund boards of directors.

Role and Impact

We are seeking a highly motivated professional to serve as a senior member of the 1940 Act Compliance team reporting to the Chief Compliance Officer.

The individual will be focused on supporting all aspects of the 1940 Act funds business, including support of the compliance programs, policy and procedure development and reviews, preparation of board materials and providing assistance in new product development.

The individual will be able to effectively manage compliance risk and help ensure compliance with regulatory requirements and applicable policies and procedures. Candidates should be able to work effectively within a team environment, but also be self-directed and able to work autonomously.

Responsibilities

Responsibilities will include:

• Extensive Board engagement, including production of written updates to the Boards on various aspects of the compliance program, and presenting at Board meetings.
• Assist senior team members in development of the compliance program for 1940 Act funds, including providing support for new product development and implementation of new regulations.
• Implement compliance programs/control frameworks relevant to regulatory risks and legal requirements, including development of policies and procedures and the associated testing program.
• Participation in special projects and strategic initiatives.

We are looking for

• At least 10 years of relevant experience from a law firm or a legal and compliance department of a leading investment management/financial services organization.
• Experience with the Investment Company Act of 1940 is preferred.
• Strong writing and verbal communication skills.
• Strong risk focus and attention to detail.
• Strong organizational skills and ability to manage multiple time sensitive matters in a demanding, fast-paced and fluid environment.
• Business and solution-oriented approach to interacting and working with clients is critical for this role.
• Bachelor's degree required; law degree or M.B.A. welcome.

For New York City only: The salary range for this position is $170,000 - $230,000. 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 | 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.