Incident Response Team, Core Enterprise Risk Management, Associate

About this roleBusiness OverviewThe Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks.  RQA's principal objectives are to advance the firm's risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA is committed to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders.  We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose.RQA-ERM Operational Risk The Operational Risk team within Enterprise Risk is responsible for all aspects of operational risk, including error investigation and resolution, new product and business change risk assessments, risk reporting / analysis, leading risk reducing projects and the maintenance of the operational risk framework, including facilitation of risk and control self-assessments.Key Responsibilities:As an Associate in the RQA Enterprise Risk function, you will be part of Incident Response team in Gurgaon.  The team is part of the global Enterprise Risk team and operates in a fast-paced environment involving frequent interactions with global first line business leaders. The newly formed team will support the firm's operational risk framework by fulfilling the following key responsibilities:Serve as a first point of contact for all operating events reported by all BlackRock business lines.  This includes guiding first line management on appropriate steps to close exposures created by errorsManage operating event investigation from beginning to end; root cause analysis, validating impact, reporting to senior stakeholders, and influencing accountability for process improvementsUse the firm's rich operating data, KPIs and incident data to hypothesize, analyze, monitor, report, and escalate trends in the operating environmentDefine the operating event workflow for the firm, drive efficiency, improve user experience and lead projects to enhance the Enterprise Risk systemsLead in the development, maintenance, and execution of firmwide operational risk trainingPrepare risk reports and analysis to support management & business in fulfilling their oversight responsibilitiesSkills/Experience:A degree in Business, Finance or Risk Management-related fieldComfortable working in a fast-paced environment and running multiple high priority tasks with senior management visibility3-6 years of enterprise and operational risk management-related experience, preferably in financial servicesAn understanding of the fundamental principles of operational risk management, including error investigation and resolution, risk assessments, risk reporting and analysis and the necessity to react quickly when appropriateAn ability to explain complex ideas in simple but impactful terms and experience using effective communication, written and verbal, to influence outcomesStrong interpersonal skills, writing and presentation skills and an ability to communicate with all levels across the organization and across different time zonesStrong analytical skills to identify emerging risks, summarize issues and explain risk trendsConflict resolution and confidence in dealing with senior stakeholdersProgramming (SQL, Python, etc.) and/or data visualization expertise, preferred but not requiredUnderstanding of financial market instruments and Trade & Product Lifecycle would be beneficialKnowledge of Aladdin is a plusOur benefitsTo 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 modelBlackRock'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.About BlackRockAt 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.For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn:  BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.