Director, Business Audit - Private Markets

About this role Internal Audit’s primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock’s businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock’s individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results. Internal Audit reports directly to the Audit Committee of the Board of Directors, and our work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders. With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses. Learn more about Internal Audit by watching our video . BlackRock's global headquarters at 50 Hudson Yards, NYC, offers state-of-the-art facilities including a cafeteria, amenity spaces, private sky lobbies, and impressive Hudson River views. 50 Hudson Yards offers direct access to the No. 7 Subway station and has entrances on Hudson Park & Boulevard, 10th Avenue, 33rd Street, and 34th Street. It is located two blocks from Penn Station. Position Overview This Audit Director supporting Private Markets will be a member of Internal Audit's Global Leadership and is expected to contribute significantly to the strategic planning, process innovation, and project management of assurance and advisory activities across the global team. The scope of this role centers on BlackRock's Private Markets platform — which encompasses approximately $600 billion in AUM across Private Financing Solutions Infrastructure, and Equity Private Markets. The Director will have primary oversight of audit coverage for this platform, guiding teams to adapt audit methodologies to the expanding scope and complexity of the business. This includes ensuring audit processes reflect the integration of recently acquired entities such as HPS Investment Partners (acquisition completed July 1, 2025, creating a ~$190 billion private credit platform) and Global Infrastructure Partners. The role requires excellent stakeholder management, as the Director will engage with senior executives in Private Markets and related functions, represent Internal Audit in governance forums, and interact with regulators to uphold the highest standards of risk management and control assurance. Specific responsibilities include: Oversee the planning and execution of all audits across Private Markets businesses — including Private Credit (direct lending, special situations, real estate debt, leveraged finance) and Infrastructure (energy, renewables, transportation, digital infrastructure, social infrastructure) ensuring rigorous risk assessment, appropriate scope determination, effective test work, and clear reporting. Overall management for the timely execution of concurrent audits and projects, inclusive of control advisory services. Ensure audit workpapers, issue documentation, and reports meet the highest quality standards in line with Internal Audit methodology. Review and finalize audit reports, highlighting key findings and control recommendations to senior management and the Audit Committee. Drive the development of the annual Internal Audit plan for Private Markets by providing expert insight into current business priorities, industry trends, and regulatory risk factors. Complete annual risk assessments of Private Markets business areas, ensuring risk ratings appropriately reflect changes in business complexity, organizational structure, and environment control. Collaborate with Private Markets stakeholders to support integration activities following acquisitions of HPS Investment Partners and Global Infrastructure Partners, ensurin ... (truncated, view full listing at source)