Full job description
Description
About this role
Company: BlackRock Financial Management, Inc.
Job Title: Associate
Location: 50 Hudson Yards, New York, NY 10001
Job Duties: Drive product management for BlackRock’s active equity business globally and contribute to the evolution of the product platform, which covers US and UK funds as well as Europe-domiciled cross-border fund ranges. Create and execute sustainable product strategy, including industry and competitor analysis, product innovation and platform reviews, to ensure relevance and competitiveness of BlackRock’s sustainable active product platform. Leverage knowledge of BlackRock’s equities platform to define the global product agenda by mapping, guiding, and tracking products throughout their lifecycle and coordinating annual sales budgeting with functions across the organization for key focus products across regions. Partner with product strategy teams across the index-to-active platform to provide highest conviction response to sustainable regulation / evolving client preferences, and find ways to expand successful franchises and expanding into new segments and markets. Utilize Aladdin platform and third-party data sources (e.g. Morningstar, eVestment) to conduct competitor, market and fund range analysis to assess the health and saleability of products and, where appropriate, recommend changes to improve commercial appeal. Bring strategic planning and execution paired with analytical rigor to new product development, wrapper innovation and seed capital allocation through evaluation of client needs, market growth drivers and regulatory environment.
Qualifications: Bachelor’s degree in Finance, Economics, Humanities (any field), Social Sciences (any field) or a related field and two (2) years of experience in the job offered or as an Analyst or related. Must have two (2) years of experience with the following: Microsoft Office suite (Outlook, Excel, PowerPoint and Word); Financial industry data sources including Morningstar, Broadridge, SimFund and eVestment; European Undertaking for Collective Investment in Transferable Securities (UCITS) and US 40 Act fund regimes and legal structures; Data analytics and visualization, including proficiency in Tableau; Product pricing analytics and pricing optimization solutions; and Sustainable investments, practices, and regulations including Sustainable Finance Disclosure Regulation (SFDR). Must have one (1) year of experience in Equity investment strategies and products.
To apply, please click “Apply” on this webpage.
For New York City only: The salary range for this position is $112,200 – $137,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.
