Director, Institutional/ERISA Compliance

The BTC/ERISA Compliance Director will help to lead the compliance programs for BlackRock Institutional Trust Company, N.A., a national trust bank (BTC) and the BlackRock Employee Retirement Income Security Act of 1974 (ERISA) compliance framework. Reporting to the BTC Chief Compliance Officer, this position has the responsibility to develop and enhance policies and procedures, provide consultative advice to business partners on regulatory issues and help to lead the BTC and ERISA compliance team. This role requires strong knowledge of ERISA requirements, and experience building and implementing compliance programs. The Compliance Director must possess excellent analytical and communication skills and can partner across multiple stakeholder groups.

Key Job Responsibilities

• ERISA Compliance: Lead the ERISA compliance program for the firm.  Develop and implement compliance policies and procedures specific to ERISA requirements applicable to BlackRock’s business. 

• BTC Regulatory Compliance Oversight: Assist with the management of BTC’s compliance framework including monitoring and evaluating the firm's compliance with applicable laws, regulations, and internal policies and procedures and overseeing critical regulatory filings across multiple regulators.

• Policy and Procedure Development: Develop and enhance compliance policies and procedures to reflect changes in regulations and business practices, ensuring alignment with best practices and industry standards.

• Collaboration and Advisory: Work closely with enterprise Compliance teams, Legal, Operations, and other departments to address compliance issues and implement solutions collaboratively.

• Leadership: Leads or has oversight over complex compliance projects and initiatives. Sets and defines priorities and serves as a role-model for less senior members of the team. Sets the tone for others by demonstrating key core values and providing training and oversight as needed. Manages a team of compliance professionals and supports their growth and development through coaching, feedback and training.

Skills/Requirements:

• BS/BA degree required

• 7-10 years’ experience in compliance, legal or regulatory functions in a financial institution. Experience involving leading compliance programs for OCC, SEC, or ERISA registered banks or advisors

• Execution-oriented mindset and possess strong analytical and project management skills

• Team player with excellent inter-personal skills who is approachable and engaging in multiple settings

• Effective communicator with both regulators and senior stakeholders, both verbally and in writing

• Experience building a team including recruiting, retaining and developing talent

For California only the salary range for this position is $170,000 - $230,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.