BlackRock Reporting Associate: Finance Service Organization in New York, New York


BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At December 31, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of December 31, 2016, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website| Twitter: @blackrock_news ||


BlackRock has professionals dedicated to the production and delivery of internal control reports (Service Organization Reports (“SOR”) including SSAE 18 and ISAE 3402 Reports) to clients. These individuals actively work with the business, including groups such as the client relationship group, portfolio management, business operations, legal and compliance, and technology, as well as the external service auditors.The SOR group provides coordination and oversight for documenting and testing controls with the business and service auditors. On a regular basis, this group provides status updates and discusses SOR related topics with senior management.This group also works closely with other risk and control disciplines, such as Financial Controls Reporting, Internal Audit, Technology Risk Management and Operational Risk. A successful candidate will develop strong relationships across BlackRock, develop a broad understanding of the products and services offered by the Firm, develop a strong understanding of internal controls and deliver value-added services and recommendations to strengthen the risk and control environment.

Key Responsibilities:

  • Assist in the oversight and coordination for delivery of SOR globally
  • Work with the business and external service auditors to enhance SOR content, update report details and provide relevant documentation to the service auditors
  • Support the implementation of a coordinated approach by participating in walkthroughs with business executives, recommending potential control enhancements and conducting follow-up in preparation for the annual SOR reviews
  • Coordinate the day-to-day follow-up with service auditors during their fieldwork to ensure projected timelines are met
  • Oversee the distribution of the SOR based on requests from clients and prospective clients
  • Coordinate activities with other risk and control functions (Financial Controls Reporting, Operational Risk, Internal Audit, and Technology Risk Management)
  • Demonstrate knowledge of professional standards/practices and apply knowledge in performing work
  • Effectively communicate both internally and externally to build positive relationships and understand key aspects of services provided to clients
  • Assist other groups within the control function, including Financial Controls Reporting and Auditor Independence

Experience and skill sets:

  • Bachelors degree in Accounting or Finance
  • Professional qualification preferred (e.g., CPA, CISA, IIA) or in-progress
  • 4-6 years of prior internal controls experience
  • Strong project management, organizational and interpersonal skills
  • Possess a strong internal drive and motivation for continuous improvement
  • Possess a high degree of integrity and confidentiality, as well as ability to adhere to both company policies and best practices
  • Ability to manage multiple priorities successfully within a deadline-driven environment
  • Excellent communication (oral, written and listening) skills
  • Critical thinking and problem solving ability
  • Ability to develop effective working relationships with business and risk and control functions
  • Accuracy and attention to detail
  • Strong knowledge of Microsoft Office Suite (e.g., excel, Word)
  • Limited travel may be required

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, disability, veteran status, and other statuses protected by law.

Job Function: Accounting/Finance/Tax

Organization: Finance

Title: Reporting Associate: Finance Service Organization

Primary Location: Americas-United States-New York

Requisition ID: 171613

Job Posting: Jun 18, 2017, 11:00:00 PM