Associate, Financial Crime – Cash Funds, Digital Assets & Tokenization

About this role

About BlackRock
BlackRock is a global leader in digital asset innovation, offering institutional clients access to advanced blockchain-based investment products, including the iShares Bitcoin Trust (IBIT), iShares Ethereum Trust (ETHA), iShares Bitcoin Exchange Traded Product (IB1T), and the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), the world’s largest tokenized fund. Our digital asset platform spans exchange-traded funds, tokenized offerings, and emerging blockchain-based solutions, providing secure, regulated, and scalable investment opportunities. As the digital asset ecosystem evolves, BlackRock is at the forefront of integrating blockchain technology, tokenization, and robust compliance frameworks to deliver next-generation investment products.

Job Purpose
We are seeking a Financial Crime Associate to join BlackRock’s U.S. Financial Crime Compliance team, based in Wilmington, DE, supporting the implementation of the firm’s financial crime framework across cash funds, digital asset products, and tokenization initiatives. This role is critical to ensuring robust controls and regulatory alignment as BlackRock advances its digital asset strategy. Reporting to the Financial Crime Compliance Global Head of Digital Assets, you will work closely with colleagues across Compliance, Legal, Cash Management, Product, Operations, and Technology to help maintain the integrity of BlackRock’s digital asset offerings.

Key Responsibilities

• Support the development and implementation of financial crime compliance controls for cash funds, digital asset products, and tokenized structures.
• Conduct customer due diligence (CDD) and enhanced due diligence (EDD) on institutional investors, counterparties, and service providers, including transfer agents and administrators.
• Review and investigate escalations related to anti-money laundering (AML), sanctions, and fraud risks, ensuring timely resolution and documentation.
• Assist in maintaining and updating risk assessments for high-risk investors and counterparties, incorporating emerging digital asset typologies.
• Monitor transactions and perform investigative reviews to identify potential financial crime risks associated with blockchain-based products.
• Contribute to the design and enhancement of procedures for onboarding and ongoing monitoring of digital asset-related relationships.
• Prepare Management Information (MI) reports and support the escalation of Suspicious Activity Reports (SARs) to senior compliance officers.
• Stay informed on U.S. regulatory developments, including guidance from the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), the Securities and Exchange Commission (SEC), and upcoming legislation such as the GENIUS Act.
• Collaborate with internal teams and external partners to ensure adherence to firmwide compliance standards and regulatory expectations.
• Support internal audits, regulatory examinations, and testing activities related to financial crime controls for digital assets.
• Assist with training and awareness initiatives focused on financial crime risks in tokenization and blockchain environments.
• Participate in global and regional committees on financial crime risk and provide advisory coverage as needed.

Knowledge/Experience

• 2–4 years of experience in financial crime compliance or risk management within a regulated financial services environment, preferably with exposure to digital assets or blockchain-based products.
• Working knowledge of U.S. financial crime regulatory requirements, including AML, sanctions (e.g., OFAC), anti-bribery and corruption (e.g., Foreign Corrupt Practices Act), and fraud frameworks.
• Familiarity with institutional investment structures and service providers such as funds, transfer agents, custodians, and broker-dealer environments.
• Experience conducting CDD and EDD on institutional investors, counterparties, and service providers.
• Ability to analyze data, prepare MI reports, and develop clear reporting for senior stakeholders and governance committees.
• Strong governance, analytical, and document management skills, with attention to detail and accuracy.
• Excellent communication skills, sound judgment, and a proactive approach to identifying areas for process improvement and control enhancement.
• Highly organized, self-motivated, and able to prioritize workloads effectively to meet deadlines.

For Wilmington, DE Only the salary range for this position is USD$85,000.00 - USD$117,500.00 . 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 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.

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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.