Job Description

Description About this role  Role DescriptionInternal Audit serves as an independent assurance and advisory function at BlackRock that enhances and protects organizational value by providing risk based and objective assessment, advice, and insight. Our team is global, and our mandate is to objectively assess the adequacy and effectiveness of BlackRock’s internal control environment to improve risk management, control, and governance processes. To maintain independence, Internal Audit reports directly to the Audit Committee of the BlackRock Inc. Board of Directors and administratively to the President of BlackRock, Inc.Business AuditThe Business Audit Team audits all BlackRock business units, including investment and asset management, risk management, operations, finance, and legal and compliance and has staff in the US, Europe, and Asia.The Internal Audit Associate will have the following responsibilities:Engaging with BlackRock stakeholders to understand and document key processes and risks within a specific business unitPreparing process narratives and briefing memosEvaluating process design and operations to analyze the effectiveness and efficiency of these processesInvestigating and escalating issues identified during testingValidating the remediation of issuesPerforming regulatory and industry-driven audit reviewsParticipating in ongoing business monitoring and optimization activities, such as:Identifying emerging firm-wide and business risks, and understanding key changes in strategies and operating model through quarterly engagements with business management.Completing quarterly risk assessments of business areasContributing to projects aimed at optimizing business processes and control activitiesProviding advisory services during the development of new businesses and systemsLeading or contributing to global departmental projects