About this role
About the Team
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to provide unbiased oversight of portfolio and enterprise risks and to deliver impactful risk expertise seeking to drive better business outcomes. Risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.
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 of 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.
Position overview:
We are seeking an experienced and highly motivated professional to join the APAC Operational Risk team within Risk & Quantitative Analysis (RQA). Based in Hong Kong, the successful candidate will support the ongoing enhancement and execution of BlackRock's Operational Risk Management Framework across APAC while serving as a key Operational Risk representative for the Hong Kong business.
The role requires strong operational risk expertise, sound judgment, and the ability to build effective partnerships across business, technology, and control functions. The successful candidate will provide independent risk oversight and challenge, helping to identify, assess, and manage operational risks while supporting business growth and strategic initiatives
Support the implementation and ongoing enhancement of BlackRock's Operational Risk Management Framework across APAC, ensuring alignment with regulatory expectations and global risk standards.
Partner with business, technology, and control functions to facilitate Risk and Control Self-Assessments (RCSAs), risk assessments, and thematic reviews, maintaining accurate operational risk profiles within the global risk management framework.
Lead operational risk reviews of new products, business initiatives, process changes, and strategic projects to ensure risks are appropriately identified, assessed, and managed.
Act as a primary point of escalation for operating events, partnering with the business to determine root causes, assess impacts, oversee remediation plans, and identify opportunities for control enhancements.
Monitor emerging operational risks and industry developments, providing timely insights and challenge to management on potential impacts to the business.
Prepare and deliver clear, actionable operational risk reporting and analysis for governance forums, management committees, and senior stakeholders.
Provide timely and practical operational risk advice and challenge business leaders, supporting informed decision-making and effective risk management.
Represent the Operational Risk function at management committees, working groups, regulatory discussions, client meetings, and other stakeholder engagements as required.
Promote a strong risk culture through stakeholder engagement, training, and awareness activities, helping embed effective risk management practices across the organization.
Collaborate closely with global, regional, and local risk teams to support the delivery of operational risk initiatives, regulatory commitments, and enterprise-wide risk programs.
Drive the execution of global and regional operational risk initiatives, ensuring consistency of approach, sharing of best practices, and effective implementation across APAC.
Qualifications:
Minimum 7+ years of experience in operational risk, audit, compliance, technology risk, controls, or related risk management disciplines.
Experience in operational risk management, risk and control frameworks, governance processes, operating event management, and risk assessment methodologies within a financial services environment.
Excellent verbal and written communication skills in English; additional Asian languages advantage.
Qualified applicants, including people with disabilities, are welcome to apply.
Candidates with less experience will be considered at the Associate level.
Additional Requirements:
We are seeking a candidate who also demonstrates the following qualities, which are critical for managing risk in a dynamic market and rapidly growing business:
Proactive and self‑driven: Curious, observant, and able to identify and act on opportunities to strengthen risk oversight and add value.
Collaborative with sound judgment: Builds trust while offering timely, constructive challenge to support disciplined risk‑taking and high‑quality decision‑making.
Clear communicator: Capable of distilling complex concepts into simple, actionable insights tailored to different audiences, including senior management.
High degree of ownership, accountability, and adaptability: Takes initiative, follows through reliably, thrives in a collaborative environment, and remains steady through changing conditions.
Innovative mindset: Proactively adopts and integrates new technologies, such as AI‑enabled tools, to enhance operational efficiency and effectiveness.
Our benefits
To 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 model
BlackRock’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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
About BlackRock
At 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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
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.