Associate, Business Audit

About this role

Your Team

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.

The Business Audit team operates across the US, Europe, and Asia, and conducts audits covering all BlackRock business units, including investment management, risk management, operations, finance, legal and compliance, and client businesses.

Your Role and Impact

As a Business Audit Associate, you will contribute to the execution of regional and global audit engagements, helping to assess risks, evaluate key business processes, and support a strong control environment across BlackRock. You will work closely with stakeholders across a variety of business functions, gaining broad exposure to the asset management industry while developing expertise in risk assessment, audit methodology, and business process evaluation. Your work will help drive meaningful insights, support effective risk management, and contribute to the continued strength and resilience of the organization

Your Responsibilities

In every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:

• Perform regional and global audit reviews, engaging with stakeholders to understand and document key processes and risks and prepare clear process narratives and briefing materials.
• Evaluate the design and operation of key processes, investigate and escalate issues identified through testing, and validate the effective remediation of findings.
• Identify emerging firm-wide and business risks and understanding key changes in strategies and operating mode through ongoing engagements with business management.
• Contribute to global departmental initiatives.
• Travel to regional and international locations may be required.

Your Experience

• Undergraduate or graduate degree and 3+ years of relevant experience, preferably in financial services or internal audit, with an understanding of financial instruments and asset management processes and risks.
• Interest in broad exposure to investment management, sales, trading, operations, risk management, finance, and compliance, and relevant regulatory and industry developments.
• Relevant professional qualifications or certifications, such as Association of Chartered Certified Accountants (ACCA), Chartered Accountant (CA), Certified Internal Auditor (CIA), Investment Management Certificate (IMC), or another relevant professional qualification, is a plus.
• Strong verbal, written, listening, and interpersonal communication skills, with the ability to build effective working relationships with peers and business partners.
• Intellectual curiosity, professional skepticism, and strong critical thinking and problem-solving skills, with the ability to communicate complex subjects clearly and concisely.
• Strong project management, organizational, and data analysis capabilities.
• Practitioner-level AI fluency with demonstrated judgement.

Pay and benefits

For New York, NY Only the salary range for this position is USD$105,000.00 - USD$137,500.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.