Director - Risk Management - BlackRock - Shanghai

Job description
Job Responsibilities
The primary responsibility is to assist in overseeing and managing regulatory, compliance, legal and risk matters for BlackRock’s businesses in China. The candidate would support all aspects of BlackRock’s business in China, which primary focus on the development of onshore business in China for BlackRock. The position will encompass the following key responsibilities:
Providing advice on all regulatory, legal, compliance issues and the risk management pertaining to BLK’s China’s onshore business (which may include QDLP or other programs that is permissible for foreign entities under the PRC regulations from time to time)

Advising WFOE’s board, committees and senior management on compliance and regulatory risks impacting BlackRock China and its clients
Liaising with Chinese regulatory authorities, internal and external advisors and other internal control groups on legal / compliance and regulatory related matters
Developing, implement and monitor BlackRock Compliance Program in China; developing, implementing and maintaining BlackRock China’s corporate compliance policies and establishing compliance review procedures for China
Providing advice on all regulatory issues relating to marketing activities and all other day-to-day activities of the business.
Providing advice on the launch of new onshore products and the registration of offshore products in China as permitted under the Chinese regulations from time to time
Review, drafting and negotiation of agreements in support of BlackRock’s business operations in China (e.g. constitutive fund documentation, investment management agreements, distribution agreements, trademark and other intellectual property licenses and brokerage service agreements, third party vendor agreements etc.)
Escalate risk issues to the Asia ex Japan Head of Risk on risk relating to the onshore business in China.
Providing advice and support to other control functions including Operations and Internal Audit
Providing advice on corporate governance issues and employment matters.
Providing pro-active advice to the business on meeting regulatory requirements
Managing relationship between BlackRock and CSRC, SAFE and AMAC
Overseeing all regulatory filings and approvals in support of the China business
Participating in global and/or regional legal, compliance and risk initiatives and projects and working with legal & compliance and risk colleagues from other BlackRock offices to ensure global best practice and consistency wherever possible.

Knowledge/Experience
Seasoned compliance professional with PRC legal qualifications.
8-12 years of legal/ compliance experience with international investment managers or financial services companies.
Excellent understanding of the regulatory environment in China
Strong analytical and communication skills and ability to work autonomously.
Excellent time management and organisational skills.
Strong Chinese and English written and verbal communications skills.
Experience working in an international organization.

Competencies

The successful candidate will also demonstrate the following core competencies:-
Good inter-personal and communication skills
Flexibility
Pro-activity
Client focus
Ability to work under pressure and take ownership of issues
Analytical / problem solving skills

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