Vice President, Core Risk Governance, Private Markets

About this role

Business Overview

Managing risk is central to BlackRock’s investment process. Risk & Quantitative Analysis provides independent oversight of investment and enterprise risks and helps strengthen risk management across the firm.

Core Risk Governance team which sits in RQA India as part of Core Risk Management team, brings together risk governance, analytics and exception management capabilities to deliver scalable and resilient risk oversight across BlackRock’s investment risk platform.

The team focuses on making processes more consistent, controlled, automated, and easy to use through better data, reporting, analytics, and technology solutions.

Core Risk Management is extending its location strategy to Mumbai. This role will be the first senior hire supporting teams expansion in new location and will play a critical role in establishing the leadership, culture, operating discipline, and technical capability needed to build a successful Mumbai presence.

Role Description:

The Vice President, Core Risk Governance – Private Markets, will be the senior Core Risk Management leader based in Mumbai and a key member of the Core Risk Governance team.

The role requires a seasoned leader with more than 10 years of experience managing teams, strong domain expertise, and meaningful experience in risk management or financial services.

The candidate will lead and develop a high-performing team supporting PFS and the broader Private Markets platform. The role will establish clear priorities, strengthen technical and investment-risk capabilities, and create an inclusive culture characterized by ownership, constructive challenge, analytical rigor, and strong connectivity across locations and global teams.

The candidate will combine strategic judgment with the ability to engage deeply in solution design and execution. The successful candidate will set high standards for talent, controls, operational resilience, and stakeholder outcomes while helping shape the long-term growth of Core Risk Management in Mumbai.

Key Job Responsibilities:

• Provide risk oversight and leadership for portfolios and investment activities within Private Financing Solutions

• Partner with risk managers to understand investment strategies, transaction structures, underlying risk drivers, portfolio construction, and emerging areas of concern.

• Lead the end-to-end delivery of analytical initiatives, from problem definition and solution design through, implementation, adoption, monitoring, and production support

• Help establish or significantly scale the PFS risk capability while maintaining strong connectivity with the wider Private Markets and global risk organization

• Translate complex investment-risk and business requirements into scalable data, analytics, and automation solutions

• Serve as the senior Core Risk Management leader in Mumbai and establish a strong local presence aligned with the wider Gurgaon-based Organization

• Provide direct or matrix leadership to Mumbai-based analysts, associates, interns, and future hires, ensuring clear accountability and effective integration into their respective Core Risk Management teams

• Assess emerging technologies and AI capabilities, balancing innovation and speed with reliability, safety, governance, and appropriate human Oversight

• Ensure that risk methodologies, analytics, are transparent, explainable, secure, appropriately governed, and aligned with applicable control expectations

Experience, Skills and Qualification:

• Should have a keen interest in solving difficult real-world problems, analytics, reporting and production. The candidate is required to have outstanding business, communication and presentation skills. An attention to detail, a good work ethic and ability to work as part of a team in fast paced environment are other important characteristics.

• A professional qualification such as CFA, FRM, CAIA or related discipline is preferred

• More than 10 years of relevant professional experience across private markets, investment risk, credit risk, portfolio management, investment management, financial services, data and analytics, or a closely related discipline.

• Demonstrated experience leading and developing teams for at least five years, including people management, coaching, performance management, succession planning, and building leadership depth

• Strong understanding of private-market risk factors, including credit, leverage, liquidity, concentration, valuation, performance, covenant, counterparty, structural, operational, and market risks

• Experience operating within an independent risk, governance, control, investment oversight, or comparable challenge function would be highly desirable.

• Ability to assess portfolio risks across investments, issuers, borrowers, sponsors, sectors, geographies, funds, strategies, and underlying assets.

• Experience interpreting company financials, capital structures, transaction documentation, credit metrics, valuation information, portfolio performance, and relevant market indicators.

• Experience developing or enhancing risk frameworks, portfolio analytics, monitoring indicators, governance processes, controls, and senior-management reporting.

• Strong stakeholder-management skills, with the ability to influence senior leaders, challenge constructively, navigate ambiguity, and drive decisions across organizational boundaries

• Ability to build strong partnerships with investment teams while maintaining the independence and objectivity expected of a risk professional

• Strong organizational and execution skills, with the ability to manage multiple priorities and deliver consistently in a complex, evolving environment.

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.