eFinancialCareers

• Company

  BlackRock Inc.

• Location

  USA-NY-New York City

• Compensation

  not disclosed

• Position Type

  Employee

• Employment type

  Full time

• Updated

  21 Nov 2008

• eFC Ref no

  453727

Internal Audit VP

Objective:

To provide a high quality internal audit service in line with BlackRock standards, which adds value to the business by working closely with various business units with the aim of enhancing the overall control environment within BlackRock. This position requires strong asset management product knowledge and strong accounting skills.

RERESPONSIBILITIES:

· To provide input to the risk-based Audit Plan.

· To ensure that the work set out in the Audit Plan is completed as planned.

· To evaluate the adequacy and effectiveness of the systems, procedures and controls which are employed by the Business Units to minimize risk and safeguard the Group from loss.

· To make recommendations for improvements to procedures in order to enhance controls, where necessary.

· To produce high quality audit reports which are useful to management.

· To carry out ad-hoc control reviews for senior management, as required.

· To provide input to quarterly reports for the senior management, highlighting key control issues which need to be addressed.

· To develop strong working relationships with the Business Units such that Internal Audit is recognized as a function which adds value.

· To develop relationships with Internal Audit colleagues worldwide.

· To provide proactive assistance and advice to management with respect to controls matters.

· To keep up-to-date with market practice and current ‘thinking’ on internal audit.

· To manage audits, coach team members, develop staff and help with career planning. Also to ensure that team members are well motivated to commit to the success of BlackRock and Internal Audit.

QUALIFICATIONS:

· Minimum of 7 years asset management industry with at least 5 years of these gained while working in an asset management audit environment, either within a public accounting firm “Big 4” or in an internal audit function.

· Candidate must possess strong accounting and product knowledge.

· Candidates should possess a solid understanding of audit fundamentals, including risk assessment.

· Candidates should also have good business acumen as it relates to the asset management industry.

· Bachelor Degree or equivalent. MBA preferred.

· Candidates should ideally be CPA qualified or working towards certification.