Associate, Board Management & Governance

About this role

Do you strive to implement the highest corporate governance standards? Would you like to use your know-how to make a difference day in and day out at the world's largest asset manager? Look no further! BlackRock is seeking an Associate within Fund Board Governance, based in Budapest. We know how it feels to be valued every single day and be recognized!

BlackRock takes a dynamic approach to alternative investments, creating investment vehicles that increasingly capitalize on evolving opportunities in fast-changing markets. We offer clients strategies designed to provide returns with low correlations to the broad equity and bond markets, including private equity, real estate equity and debt, fund of hedge funds, single-strategy hedge funds, long-only absolute return strategies, commodities and structured products.

As a Corporate Governance Authority, you will work closely with internal asset management teams and business partners to ensure communications operate effectively and to the highest standards.

Working as part of the EMEA Board Governance Team, you will provide global support function to the EBG teams in London, Dublin and Luxembourg servicing BlackRock’s Alternatives and UCITS fund ranges, as well as Corporate Boards. The Budapest team was built up in 2020 and assists the global team with a wide variety of tasks, ensures that all applicable governance requirements are met and that standard company secretarial activities are completed in a timely and effective manner. EBG team members are fundamental to the preparation of board packs and follow ups post board meetings. Excellent communication skills, organisational skills and attention to detail is required. 

Due to its global reach, EBG Budapest is in prime position to align and ensure consistent practices for all processes.  The successful candidate will actively look for differences in processes across the fund ranges, propose the most effective approach and suggests standardization. The ideal candidate will also have ideas on automatization, how to make the transitioned processes more efficient by enhancing any kind of technological solutions. EBG team members are fundamental to the preparation of board packs and follow ups post board meetings.               

Responsibilities may include:

•       Preparation of board meeting documents / creation of the „board pack”

•       Agenda

•       Notice

•       Board pack

•       Meeting minutes / skeleton minutes

•       RCS filings – regulatory filings

•       Preparation of the yearly board calendar

•       Board evaluations – presentation summary

•       Applying e-signatures to documents

•       Diligent access review (board management software)

•       Collation of board statistics

•       Maintaining and updating board biographies

•       Global trackers

•       Review of minutes prepared by external service providers

•       Splitting of minutes

•       BluePrint updates

•       Director / Manager changes

•       Onboarding process – Market opening

•       Fund document in house transition

•       CBI ONR Filings

•       Document filings

•       Other ad-hoc and administrative tasks

Successful candidates can maintain the confidence of the Boards and Committees and are likely to have worked in the investment/funds management industry, have a good knowledge of investment management.  Key personal attributes will also include a high level of intellectual agility and creativity, ability to work independently as well as part of a team and to manage business expectations. As the successful candidate will be part of a team based in London, Dublin or Luxembourg, the ability to maintain relationships and communicate remotely is of paramount importance.  

The role offers an excellent opportunity to develop your experience within a successful global team that has extended its footprint to Budapest.

Skills and qualifications:

• Fluent/ high level of English

• Bachelor’s degree in economics / finance or law or administration

• Experience at a multinational company, especially in financial industry is an advantage

• Excellent communication skills

• Ability to work autonomously on own tasks, whilst working in a team environment

• Ability to work under pressure with flexibility to adapt to shifting time expectations

• Highly organized and with excellent personal time management

• Attention to detail and proofing skills are essential

• Excellent relationship building and stakeholder management skills

• Strong excel skills are an advantage for the automatization purposes

• KYC / Client onboarding experience is an advantage

• Familiarity and experience with Blueprint / Diligent Software is an advantage

Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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, race, religion, sex, sexual orientation and other protected characteristics at law.