Global Sanctions Associate

About this role BlackRock is one of the world’s preeminent asset management firms and 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. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. Business Unit Overview: Blackrock’s Compliance Department implements and manages processes and controls aimed at protecting Blackrock from regulatory, legal, and reputational risks. It also provides client focused advice in accordance with relevant regulation and legislation. The department operates in line with the following objectives: Actively participate in business decisions to champion our clients’ interests and assist the business to translate Compliance requirements into their daily work; Cultivate and enhance the compliance culture within BlackRock; Provide thought leadership on the impact and implementation of key regulations; and Develop and foster excellence within the Compliance Department. Role Description: We have an exciting opportunity for an Associate role on our Global Sanctions team, within Global Financial Crime, based in Edinburgh, Scotland . The successful candidate will need to demonstrate sanctions compliance advisory and/or technical experience at a global investment bank or asset manager. This role, in a high-profile area, will provide the successful candidate with exposure to senior business stakeholders within BlackRock and the opportunity to contribute to shaping and growing the Global Sanctions Compliance Program. Key Responsibilities: Partner with key stakeholders, including business, operations, risk management, legal and compliance, to review and mitigate sanctions risk arising in prospective public and private transactions and investments; Advise on on-boarding of clients and third-party service providers who present heightened risk, especially parties located in higher risk jurisdictions (i.e., countries known to have touchpoints to sanctioned jurisdictions); Assist with the development and implementation data- and technology-related controls and processes designed to detect and mitigate sanctions risk (e.g., monitoring and blocking controls embedded in technology platforms); Contribute to the maintenance and enhancement of pre- and post-trade controls and monitoring processes; and Support the development and implementation of policies and procedures, including the delivery of related training. Knowledge/Experience: Minimum of 3 years of financial services experience, including at least 1 year of demonstrated experience in a sanctions compliance role at an investment bank or asset manager; Experience contributing to the design, build, or implementation of compliance programs, with particular focus in technology-enabled control environments; Understanding of US, UK and EU sanctions laws and their application to a global multinational firm; Familiarity with technical tools and basic script or coding language is a plus; Strong written and verbal communication skills for internal and external reporting and presentations to business or compliance stakeholders; High standard of accuracy and excellent attention to detail; and Strong interpersonal skills and ability to work well independently and as part of a global, cross-functional team. Our benefits To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access ... (truncated, view full listing at source)