Does BlackRock hire felons? (2024)

FAQs

Does BlackRock hire felons? ›

Yes, BlackRock hires felons.

I went through 3 rounds of interviews and received an offer within one week after the third interview. How long does it take to get hired from start to finish at BlackRock? What are the steps along the way? The FBI & Homeland Security background checks took 3 weeks to complete.

BlackRock performs a very thorough background check during the hiring process. This can take as long as three weeks. The company also requires you to go through a drug screening. The entire length of the hiring process can be anywhere from one to several months.

We are innovative to the core, always reimagining and reinventing the way we do business. Development and engineering strength, combined with an agile start-up attitude, allows us to solve some of the world's most complex financial challenges.

How hard is it to get into BlackRock? Out of some 19,000 applications for the company's 2020 first-year analyst class, just 94 people were hired — an acceptance rate of 0.5% — according to data that Blackstone shared with Business Insider.

62% of job seekers rate their interview experience at BlackRock as positive. Candidates give an average difficulty score of 3 out of 5 (where 5 is the highest level of difficulty) for their job interview at BlackRock.

Selected candidates meet with members of the BlackRock team. At the offer stage, we'll present a total compensation package. All offers are subject to background checks and other pre-employment clearances.

The average BlackRock salary in the United States is $87,853 per year. BlackRock salaries range between $56,000 a year in the bottom 10th percentile to $136,000 in the top 90th percentile.

6 rounds of interviews First 2 with hiring managers 3rd with Global head of Business group.

What do BlackRock look for in employees? ›

We seek to hire people who believe in this pursuit and our values, known as the BlackRock Principles: We are a fiduciary to our clients. Our clients' interests come first. The fiduciary mindset is the bedrock of our identity.

Highly professional work environment.

I can't say enough good things about black rock. They give you all the tools to be successful. You are surrounded by extremely smart and hard-working individuals that are goal oriented and always take the time to work with others. This is an absolute great company to work for.

Employees rate BlackRock 3.9 out of 5 stars based on 5,236 anonymous reviews on Glassdoor.

BlackRock's largest institutional shareholders are Vanguard Group, BlackRock Fund Advisors, State Street Global Advisors, Temasek Holdings, and Bank of America. The company's largest individual shareholders include original BlackRock owners and founders Larry Fink and Susan L. Wagner, Robert S.

Alister Hibbert runs the $9bn BlackRock Strategic Equity hedge fund. According to Bloomberg he earns more than the firm's CEO. A BlackRock hedge fund manager, whose strategy is up 370% over the last decade, earned more than the firm's CEO Larry Fink last year, according to a report from Bloomberg.

The head of Aladdin is Sudhir Nair. As of 2023, BlackRock was ranked 229th on the Fortune 500 list of the largest United States corporations by revenue.

If a candidate's criminal history is limited to one state, or one home country, then the check can take one to two business days. However, verifying international records takes much longer. If the candidate has emigrated or worked in different countries, this process can stretch up to, or past, 20 days.

The hiring process at BlackRock takes an average of 28.33 days when considering 1,942 user submitted interviews across all job titles. Candidates applying for Java Engineer had the quickest hiring process (on average 1 day), whereas Director FP&A roles had the slowest hiring process (on average 150 days).

Background checks generally cover varying timeframes, such as seven to 10 years for criminal and federal checks, three to seven years for employment verifications, the highest degree earned for education verifications, three to 7 years for MVR checks, and seven years or longer for credit checks based on the position.

Average Time to Complete

Most background checks can be completed between three days to one week. FBI checks usually take around 30 days. Although some instant background checks are available, these rely on databases that can be incomplete or inaccurate.