About this role

BlackRock's Global Compliance Department protects BlackRock’s reputation and provides advice to the business focused on ensuring the protection of our client’s best interests. The department is a dynamic environment with the team focused on understanding evolving business strategy, challenging and 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;
• 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.

Job Purpose:

This role is part of the Global Financial Crime Team based in San Francisco, responsible for implementation of strategic priorities as it relates to Financial Crime compliance initiatives for BlackRock’s limited purpose trust bank. The role reports to the AMRS Head for Financial Crime compliance.

Key Responsibilities:

• Partner with key stakeholders including business, operations, risk management, legal and compliance to conduct due diligence on clients, and transactions.
• Perform quality control reviews of transaction monitoring alerts.
• Periodically conduct in-depth investigations of suspicious activity.
• Support the collection, organization, and evaluation of data for the AML and Sanctions Risk Assessment process and reports.
• Assist with the internal escalation and assessment of higher risk clients.
• Undertake governance and management reporting.
• Assist with the development and implementation of policies and procedures.
• Assist and support annual regulatory examinations and internal audits.
• Work within a global team and communicate effectively to members of that team.

In addition:

• Participate with AMRS FC team in Dashboard trade clearance.
• Provide advice on high risk onboardings.
• Conduct transfer agent reviews on transfer agents.
• Provide FC Advisory coverage where needed within team.
• Conduct FC trainings for business and L&C.

Knowledge/Experience:

• The successful candidate should have 3-5+ years of experience in AML or Financial Crime areas at other financial institutions.
• Experience with the Office of the Comptroller of the Currency (“OCC”) would be an advantage.
• Knowledge of AML regulations; including the U.S. Bank Secrecy Act, the USA PATRIOT Act, OCC regulations and OFAC requirements. Understanding of fraud and sanctions risks would be beneficial.
• Experience in investigations or monitoring would be an advantage.
• Proactive, self-motivated and with excellent organizational skills with ability to prioritize workloads and adhere to deadlines.
• Proven ability to work as part of a team and independently.
• Excellent communication, judgment, and business partnership skills.

For San Francisco, CA 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.

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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.