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BlackRock Associate, Business Manager in Riyadh, Saudi Arabia

About this role

About this Role

The BRIM Business Management team supports the Head of BRIM, BRIM COO, Middle East COO and Country Manager, on all operational aspects of BRIM.

The Business Manager plays a key role in bridging the gap across local business functions and with our globally centralised teams, but also by filling gaps to support local requirements as needed.

Job Purpose/Background

The Business Manager is a member of the BRIM team and reports to the MEA COO. The team represents a broad function with a variety of responsibilities and touch points across the region and the firm globally.

Business Management drives the establishment and monitoring of management information and key performance indicators (KPIs), ensures robust governance and conduct of the platform, oversees budget, business analysis as well as local and regional projects.

The role offers the opportunity to independently work with senior managers in a growing and supportive environment and provides the candidate with a unique view of the functioning of a world-class asset management organisation.

The team is seeking a highly analytical individual to drive budgeting, business analysis and forecasting. Strong Microsoft Excel skills are essential.

This position is a multi-faceted role, which requires sound judgement, organizational and planning skills, analytical ability and discretion, given the high level of confidentiality of information and data accessed.

Key Responsibilities

  • Support the business

  • Support on the Platform Strategy preparation, recurring business reviews, budgeting process and forecast

  • Prepare regular and ad-hoc management information in support of local requirements

  • Ensure proper operational support for local sales activities

  • Elaborate market and competitor intelligence reporting

  • Collaborate with the central functions (es, EMEA FP&A) for the monitoring of actuals and budget numbers

  • Support the coordination of the monthly business metrics

  • Collaborate and support for the creation of ad hoc presentation and deep-dive for business meeting

  • Support on coordination with client businesses to execute on the BRIM growth strategy locally

  • Project Management & Business Development

  • Support on BRIM strategic and operational plans, including providing senior management with regular status updates and escalate appropriately; drive identification and mitigation of risks to the business plans

  • Collaborate on various projects and day-to-day activity ensuring timely delivery of projects and quality execution of processes in line with management expectations

  • Support development of business plans and business cases

  • Communication & Management Information

  • Contribute to the development and monitoring of performance metrics for the region

  • Implement, track and refine change initiatives and align cross-functional efforts

  • Support effective preparation and dissemination of employee communication via townhalls, forums, newsletters etc.

  • Prepare regular and ad-hoc management information in support of local requirements

  • Conduct ad-hoc analytical assessments and recommendations

  • Governance & oversight

  • Support on development and implementation of an adequate governance framework for BRIM working with the BRIM and MEA COOs.

  • Ensure operational support for BRIM sales and investment activities

  • Establishment, maintenance and production of internal KPIs and management reporting metrics for local and regional management

  • Perform self-check / self-audits for BRIM & drive remediation actions resulting from audits

  • Support the BRIM COO on management, regulatory and board reporting for BRIM

  • Policy and procedures: engage with business partners, particularly KSA Head of Governance, to influence and then subsequently promote and provide necessary training on firm, business and regulatory policies and procedures

  • Culture carrier, promotor of One-BlackRock

  • Maintain a working environment that reflects BlackRock’s culture and principles and be a role model for the team and our stakeholders

  • Be a culture carrier

  • Develop strong relationships with the various corporate / infrastructure groups and teams, at local and global level as well as other business managers

Knowledge/Experience

  • Bachelor’s degree

  • 3 – 5 years of experience in asset management, financial services or consulting with a genuine interest in investments is a plus

  • Ability to work with large data sets essential

  • Strong knowledge and interest in the Middle East financial ecosystem

  • Good knowledge of financial markets

  • Fluency in English, Arabic a plus

  • Strong MS Office Suite skills, especially Excel and PowerPoint

  • Knowledge of programming languages (Python, SQL etc) a plus

  • Strong team player and self-starter, who brings passion, dedication and energy to work

  • Ability to communicate effectively with diverse range of internal and external stakeholders across different countries, languages and cultures

  • Ability to work and collaborate within this diverse and dynamic environment and to build strong relationships and networks also remotely

  • Excellent organizational skills and process-orientation, as well as strong analytical, and problem-solving skills

  • Ability to multitask, prioritise and deliver results within given timelines in a fast paced environment

  • Innovative, flexible and high standards for own performance as well as willingness to take on additional responsibilities quickly

  • Sound judgment, professionalism and discretion

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.

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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

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.

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