In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Vice President, Internal Business Audit | Hong Kong
February 18, 2021
Description About this role Internal Audit at BlackRock
Internal Audit's primary mission is to provide assurance to the Board of Directors and Executive Management that BlackRock's businesses are well managed and meeting strategic, operational and risk management objectives. The team engages with senior leaders and all of BlackRock's individual business units globally to understand and advise on the risks in their business, evaluate the effectiveness of key processes and assist in the design of best practices that can improve their results. Internal Audit's work builds confidence that BlackRock will meet its obligations to clients, shareholders, employees and other stakeholders.
Our Audit Teams "At a Glance"
Business Audit With teams in the US, Europe, and Asia, the Business Audit Team performs audits covering all BlackRock business units, including investment and asset management, risk management, operations, finance, and legal and compliance.
Technology Audit The Technology Audit Team, also in the US, Europe and Asia, performs design review and testing related to technology controls across application systems and infrastructure components such as databases, operating systems, data centers and messaging platforms.
SAO (Strategy, Analytics & Operations) Supporting the entire Audit department is the Strategy, Analytics and Operations team. There are two main functions:
Strategy and Operations: This group is responsible for coordinating activities and communication across a global team, managing and driving the strategic planning process, implementing process innovations, and ensuring appropriate policies/methodology and procedures are in place. The SAO team plays a meaningful part in the development and continuous improvement of the Global team. The team maintains independence from the other audit teams by reporting directly to the Global Head of Audit and does not participate in traditional audit reviews or issues management.
Data Analytics (DA): This team leverages BlackRock data and various data science, business intelligence, and analytics methods to support the activities of the audit department. The DA team participates in both business and technology audit execution, builds and maintains an inventory of self-service tools for the auditors, supports the risk assessment and annual planning process, and helps manage the department's operations through the development of impactful management information. The DA team is a driver of innovation for the department and helps auditors gain efficiencies and insights through the work that they do.
The Unique Qualities We Look For
We are an independent global function responsible for providing assurance and advisory services covering all of Company's businesses and operations. Audit is a critical component of BlackRock's control and risk management infrastructure. The group seeks to attract and develop best-in-class talent from multi-disciplinary backgrounds including asset management, finance, technology, risk management, accounting, and operations. We are seeking people who are eager to learn about the various businesses as BlackRock, and we offer a unique career path for qualified individuals. Successful professionals in the group will demonstrate a strong understanding of our audit methodology, build strong working relationships with business partners, and deliver value added services which strengthen the risk and control environment. BlackRock's APAC Audit Team is based in Hong Kong, Tokyo, Singapore, Taiwan, China and India.
Role Description: The Internal Audit Vice President will be involved in various aspects of the Audit group's risk assessment, assurance and advisory activities, including audit planning and execution, and contributing to strategic initiatives. Areas of the business within the scope of this role will include investment and asset management, risk management, operations, finance, and compliance. Specific responsibilities will include:
Management and leading the execution of audits (global and regional) in the aforementioned areas. Responsibilities include all aspects of the audit process (e.g. risk assessment; scope determination; test work; reporting).
Primary Internal Audit business engagement responsibilities for one or more lines of business to discuss business performance, strategic priorities and operational matters
Identification and assessment of current and emerging risks, themes and trends
Assistance in the formation of the annual audit plan through direct input, insight and perspective around current business, industry and regulatory risk factors
Participation in global/cross regional audit related projects
Leverage industry experience to provide advisory services during the development of new businesses and systems
Build and maintain collaborative relationships with all risk and control functions
Direct administrative management responsibilities of audit staff
Provide timely and candid feedback and coaching to staff
Performing investigations, special reviews and other ad hoc projects (technical and operational in focus)
Skills and Experience:
Undergraduate or graduate degree in finance, economics, accounting, business management is preferred. BA/BS is required
Professionals with strong and broad exposure to investment management, risk management, operations, finance and compliance in the Asset Management industry
10 years of audit, risk or internal control experience in the financial services industry is preferable, with understanding of asset management products, corporate and risk management business processes, and risk and controls systems
Aptitude towards investment and risk management, scenario analysis and problem solving
Strong project management, organizational and presentation skills
Excellent communication skills (verbal, written, and listening) at native level in both English and Chinese (Putonghua)
Strong writing skills, particularly as related to audit reports and management presentations
Strong critical thinking and problem solving abilities
Strong quantitative skills
Intellectual curiosity and healthy skepticism
Commitment and strong work ethic
Proficient understanding of current regulatory and industry events in the Asia Pacific region including Greater China
Experience in leading teams of skilled professionals and developing talent
Ability to develop and maintain effective working relationships with peers and business partners
Relevant professional certifications such as CFA , CA or CPA are a plus
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.
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 September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide.
For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | 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.