Director, Institutional/ERISA ComplianceAbout this role
The BTC/ERISA Compliance Director will help to lead the compliance programs for BlackRock Institutional Trust Company, N.A., a national trust bank (BTC) and the BlackRock Employee Retirement Income Security Act of 1974 (ERISA) compliance framework. Reporting to the BTC Chief Compliance Officer, this position has the responsibility to develop and enhance policies and procedures, provide consultative advice to business partners on regulatory issues and help to lead the BTC and ERISA compliance team. This role requires strong knowledge of ERISA requirements, and experience building and implementing compliance programs. The Compliance Director must possess excellent analytical and communication skills and can partner across multiple stakeholder groups.
Key Job Responsibilities ERISA Compliance: Lead the ERISA compliance program for the firm. Develop and implement compliance policies and procedures specific to ERISA requirements applicable to BlackRock's business.BTC Regulatory Compliance Oversight: Assist with the management of BTC's compliance framework including monitoring and evaluating the firm's compliance with applicable laws, regulations, and internal policies and procedures and overseeing critical regulatory filings across multiple regulators.Policy and Procedure Development: Develop and enhance compliance policies and procedures to reflect changes in regulations and business practices, ensuring alignment with best practices and industry standards.Collaboration and Advisory: Work closely with enterprise Compliance teams, Legal, Operations, and other departments to address compliance issues and implement solutions collaboratively.Leadership: Leads or has oversight over complex compliance projects and initiatives. Sets and defines priorities and serves as a role-model for less senior members of the team. Sets the tone for others by demonstrating key core values and providing training and oversight as needed. Manages a team of compliance professionals and supports their growth and development through coaching, feedback and training. Skills/Requirements: BS/BA degree required7-10 years' experience in compliance, legal or regulatory functions in a financial institution. Experience involving leading compliance programs for OCC, SEC, or ERISA registered banks or advisors.Execution-oriented mindset and possess strong analytical and project management skills.Team player with excellent inter-personal skills who is approachable and engaging in multiple settings.Effective communicator with both regulators and senior stakeholders, both verbally and in writing.Experience building a team including recruiting, retaining and developing talent. Salary and Benefits
For California only the salary range for this position is $170,000 - $230,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including health care, 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.
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, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. 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.
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