OverviewAbout this roleThe mission of the Risk and Quantitative Analysis (RQA) function is to help BlackRock manage its fiduciary and enterprise risks and provide independent oversight. RQA provides quantitative analysis to many of BlackRock’s businesses and helps promote the spread of best practice across the firm. The Enterprise Risk team within RQA oversees those risks which directly impact the corporate entity (BlackRock, Inc., or one of its subsidiaries), including operational risk, technology, vendor, model and market risk, stress testing for market risk and the quantitative estimation of capital adequacy requirements. The enterprise risk function coordinates regulatory initiatives from an RQA perspective to ensure alignment with evolving regulatory expectations. The Global Model Risk Management function within Enterprise Risk is responsible for developing the firm-wide Model Risk Management framework and implementing it across the firm, including independent review of model risk activities and oversight of model risk procedures to ensure they are comprehensive and compliant with firm-wide and regulatory requirements.The role will be based onsite in our Dublin office.
ResponsibilitiesAssist with the implementation of the firm-wide Model Risk Management Policy.Support governance activities including those covered by relevant sub-committees of the Enterprise Risk Committee (ERC).Drive operational efficiency through process improvements or automation (e.g., tracking risk metrics, issues, performance issues, errors, internal audit findings and regulator-raised issues, managing incidents and risk & control issues).Promote the development and implementation of model risk management activities in the model risk management system in compliance with Policies and regulatory guidelines.Prepare reports on the status of Model risk to appropriate risk management oversight committees on a periodic basis and as required. Respond to model-related inquiries from regulators or auditors.
Knowledge/Experience/CompetenciesMinimum of 3 years’ work experience in the financial industry.Undergraduate/Master’s in Computer Science, Mathematics, Finance, Financial Engineering or related field.Excellent communication, negotiation and problem-solving skills.Ability to draft governance documents and committee materials with clarity and precision.Experience in quantitative model reviews or process improvements, change management or project lifecycle management.Strong interpersonal and organizational skills and attention to detail.Ability to work independently and manage multiple priorities, with ability to prioritize and escalate as appropriate.Programming experience in one or more environments such as R, Python and SQL.Proven experience working with Microsoft 365 tools (Excel, PowerPoint) and platforms such as Power Automate, Power BI and Copilot Studio.
BenefitsWe offer a wide range of employee benefits including retirement investment tools, education reimbursement, resources to support physical health and emotional well-being, family support programs, and Flexible Time Off (FTO).
Hybrid work modelBlackRock’s hybrid work model supports collaboration and learning. Employees are required to work at least 4 days in the office per week, with the option to work from home 1 day a week. Some groups may require more time in the office. The model aims to accelerate learning and onboarding for new joiners.
About BlackRockAt BlackRock, our mission is to help more people experience financial well-being. We are committed to creating an inclusive environment where colleagues feel welcome, valued and supported with networks, benefits and development opportunities.For additional information on BlackRock, please visit our site.
Equal OpportunityBlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
#J-18808-Ljbffr