Investment Accounting Associate

Description

About this role

Elevate your career by joining the world's largest asset manager Thrive in an environment that promotes positive relationships and recognizes outstanding performance We know you want to feel valued every single day and be recognised for your contribution. At BlackRock, our culture is key to our success. We strive to empower our employees and engage with them for future growth. With over USD $8.6 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.

BlackRock Luxembourg

At BlackRock, we’re guided by our culture and a set of principles that ensure we never forget what we stand for - to help more and more people experience financial well-being.

The Luxembourg domiciled business consists predominantly of three UCITS fund ranges totaling $210B and 130+ Alternatives Investment fund structures facilitating investment in Private Equity, Real Estate, Private Debt and Infrastructure.

The business model is global/functional with 65+ employees located in Luxembourg and reporting primarily on global functional lines.

BlackRock (Luxembourg) S.A. is a CSSF regulated UCITS Management Company.

Team Overview

The role is an addition to a diverse team of experienced industry professionals responsible for coordinating the framework of investment fund management activities delegated across BlackRock and ensuring compliance with CSSF circular 18/698 for the Luxembourg Management Company.

Role Responsibilities:

- Ongoing oversight of delegates responsible for performing AML/KYC of fund investors including:
a. Performing periodic remote and onsite due diligence

b. Regular service meetings

c. Review of KPI/KRI
- Oversight of external provider that provides support in monitoring of AML/KYC delegates
- Regular reporting to management & internal governance committees
- Building constructive working relationships with internal distribution and sales teams, financial crime compliance, operations teams and external providers.
- Identify, articulate and escalate the risks associated with delegates responsibilities at the earliest opportunity. Suggest approaches to mitigate risk.
- Supporting a team of Dirigeants in the ongoing oversight of delegated activities through regular engagement & reviews with functions across BlackRock.
- Maintain knowledge of AML/KYC and regulatory developments applicable to the Luxembourg fund platforms and ensure applicable requirements are incorporated into the oversight process.

Skills/experience
- Fluent in spoken and written English and Polish language required
- AML/KYC experience preferred
- Knowledge and experience of transfer agency and fund distributors processes an advantage
- Previous experience in oversight of providers/relationship management preferred
- High attention to detail
- Strong written and oral communications skills
- Ability to effectively engage with partners across both operational and client facing teams
- Demonstrated ability to adapt with business requirements.

**Qualifications**:

- Bachelor’s degree in accounting, economics, finance or law;
- 5+ years of experience in the investment management industry.
- Knowledge of fund administration and financial crime compliance operations for UCITS, exchange traded funds, international funds, money market, and/or closed-end funds.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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 infrastruct