Director, Institutional Compliance
BlackRock · San Francisco, United States · 18d ago
About this role
Your team
BlackRock's Compliance Department protects BlackRock’s reputation and provides advice to the business with a focus on safeguarding clients’ best interests. The department operates in a dynamic environment, supporting evolving business strategies while advising on the impact of regulatory developments. The team is committed to putting clients at the center of everything it does, strengthening BlackRock’s culture of compliance, providing thought leadership on regulatory developments, and fostering excellence across the Compliance function. In partnership with Legal, the Compliance Department oversees compliance with applicable laws and regulations, establishes and maintains policies and procedures, monitors the effectiveness of compliance controls, oversees regulatory matters, and delivers compliance training across the firm.
The BlackRock Institutional Trust Company, N.A. (BTC) Compliance team oversees the compliance program for an Office of the Comptroller of the Currency-regulated trust bank that provides investment management and fiduciary services to institutional clients. The team is responsible for overseeing compliance with applicable laws, regulations, and internal policies, including regulatory obligations applicable to BTC, and works closely with business, Legal, Risk, and Compliance partners across the firm.
Your role and impact
Reporting directly to the BTC Chief Compliance Officer, this role will play a key leadership position in the continued evolution of the BTC compliance program. The successful candidate will have broad exposure across regulatory engagement, compliance program oversight, governance, risk management, and strategic business initiatives. Serving as a trusted advisor to senior stakeholders, this individual will help shape the direction of the compliance program within a dynamic regulatory environment. The role requires sound judgment, independent decision-making, and the ability to drive execution across critical compliance priorities while contributing to the long-term development of the BTC Compliance function.
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:
- Partner with the BTC Chief Compliance Officer to oversee and enhance the compliance program, drive strategic priorities, and advance continuous improvement.
- Lead engagement with the Office of the Comptroller of the Currency, including examinations, supervisory interactions, regulatory inquiries, remediation activities, regulatory responses, and management reporting.
- Implement and enhance compliance programs, governance frameworks, policies, procedures, and associated testing and monitoring activities.
- Advise business, Legal, Risk, and Compliance partners on regulatory requirements, new business initiatives, and emerging compliance risks.
- Manage and develop compliance professionals while advancing talent development and organizational effectiveness across the team.
- Represent BTC Compliance in governance forums, working groups, cross-functional initiatives, and other strategic projects.
Your experience
- Substantial experience in a legal, compliance, regulatory, or risk management role within financial services; experience as a Chief Compliance Officer at a smaller institution and/or a senior compliance leader within a large financial institution is strongly preferred.
- Significant experience with bank regulatory frameworks and entities regulated by the Office of the Comptroller of the Currency; experience with entities regulated by the Securities and Exchange Commission is a plus.
- Demonstrated ability to lead regulatory examinations and relationships, as well as complex remediation and governance initiatives.
- Demonstrated ability to manage, develop, and support high-performing compliance teams.
- Ability to influence and communicate effectively with regulators and senior executives, supported by strong written and verbal communication skills.
- Strong risk awareness, attention to detail, organizational skills, and the ability to manage competing priorities with a business-focused, solution-oriented approach.
- Familiarity with asset management, fiduciary activities, collective investment funds, and Employee Retirement Income Security Act of 1974 (ERISA) requirements is preferred; a bachelor's degree is required, and an advanced degree, Juris Doctor, or equivalent professional qualification is welcome.
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.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
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.