EMEA FP&A Regulatory Analyst

Recruiter
BlackRock
Location
London, UK
Salary
Competitive
Posted
14 Oct 2019
Closes
16 Oct 2019
Ref
1230498743
Contract Type
Permanent
Hours
Full-time
Level of qualification
Newly qualified, Qualified
About this role BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. The Financial Planning & Analysis (FP&A) team provides analysis, planning and decision support coverage across investment management, client focused distribution channels, technology, infrastructure and corporate operations to improve business analysis, better inform management decision-making and communicate more effectively with key stakeholders. The FP&A team is also one of the finance teams responsible for delivering the ICAAP to the regulators on an annual basis. Role Description: We are seeking professionals with experience in regulatory reporting such as capital projection, stress testing, reverse stress testing or wind-down analysis, eager to join a leading asset management firm. Candidates should possess excellent communication and project management capabilities along with strong quantitative and analytical skills. Candidate must have a high aptitude towards financial analysis software such as Excel to be successful in this role. The Candidate should be able to operate in a fast-moving environment and support ad-hoc projects on a regular basis. The EMEA FP&A team play a key role in the production of the Internal Capital Adequacy Assessment Process (ICAAP) for BlackRock Group Limited (BGL) the UK regulated entity. The primary purpose of the ICAAP document is to inform the BGL Board of the firm's ongoing assessment of its ability to meet its liabilities as they fall due, how it intends to deal with risks, and the amount and nature of financial resources that BGL considers necessary to hold. FP&A are responsible for modelling the impact of various risks on our P&L, Balance Sheet and Capital, and for the wind-down. Key

Responsibilities:
Understand the firm's business model and strategy, key operating profit drivers, sources of revenues and expenses Apply regulatory requirements and industry best practices in relation to stress testing, reverse stress testing and wind-down analysis for asset management firms As part of regulatory reporting, contribute to the ICAAP production by financial modelling of stress tests, reverse stress tests and wind-down Support ICAAP workshops with subject matter experts from various business units by creating meeting materials, following up on actions, documenting discussions and results During stress test, reverse stress test and wind-down analysis collaborate with members of a cross-functional ICAAP team which includes Risk & Quantitative Analysis (RQA), Finance, Compliance and other teams Support ad-hoc analysis including other legal entity projections and proactively look for opportunities to enhance and optimise the existing processes and models used Knowledge/Experience: Strong academics including bachelor's degree in a numeric discipline Qualified accountant preferred but not essential Working knowledge of the asset management and / or financial services industry preferred but not essential Experience of regulatory capital projection preferred but not essential Skills/Qualifications: Advanced Excel, Word and Power Point skills required, experience with TM1 Cognos preferred but not essential, VBA skills a plus Strong organisational, planning, quantitative and problem-solving skills Able to work effectively under pressure and in a rapidly changing environment to meet deadlines History of effective multi-tasking, escalation of issues Strong attention to detail, high standards for quality and accuracy in his/her work product Strong work ethic and "can-do" attitude Collaborative, team-oriented, service-oriented A desire to work in a high-energy environment with a dedicated commitment to excellence About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2019, the firm managed approximately $6.84 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock . 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. 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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