BlackRock Jobs

About this role

BlackRock Overview:

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. As of December 31, 2023, BlackRock’s AUM was $10+ trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles across public and private markets. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of year-end 2023, the firm had approximately 19,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock

About the role

• iShares Canada & AIB, as part of the Global Client Business, and in collaboration with the RBC iShares Alliance, are responsible for driving deeper relationships with wealth platforms in Canada, through the development and commercialization of BlackRock-managed models as well as complementary products and solutions

• The whole portfolio team provides a cross-functional focus to drive the success of this strategy

• We are looking for a VP to join BlackRock’s team with a focus on our innovative new offerings – the BlackRock Whole Portfolio working on evolving our models offering and commercialization

• The role is multi-faceted and will help position the business for the future by bringing our offering to market through partnerships across Canadian Asset Managers & Wealth Platforms

• Many of our product solutions are in growth positions and the individual who fills this role will play an integral part in developing and implementing strategies that drive further development of BlackRock Canada’s Model business and broader wealth offering, in partnership with iShares Canada & AIB

Primary Responsibilities:

• Working with the distribution teams across BlackRock Canada, identify additional 3rd party platforms for consideration and evaluation

• Partner with MASS, including MPS and Core PM, in the development and implementation of solutions for Canadian wealth platforms, based on client specifications and local market requirements

• Launch BlackRock Whole Portfolios on 3rd party platforms with an emphasis on strategic clients:

• Lead negotiations to agree on favorable economic terms

• Work closely with legal and vendor management to develop contracts, terms and conditions and statement of work

• Define the user experience including workflows

• Determine the service model including processes and service level agreements

• Coordinate required tech and ops integrations for each client platform

• Work closely with marketing, National Accounts and Sales to drive marketing, training, and sales activation

• Once the platforms are launched, manage the on-going business including commercialization efforts, measurement, and enhancements.

Skills:

• Demonstrated project management and organizational skills

• Experience with technology platforms

• Ability to lead cross-functional virtual teams

• Excellent verbal and written communication skills along with demonstrated analytical ability

• Advanced Microsoft Office skills, including Excel and PowerPoint

• Flexible, responsive, and self-starting personality. Demonstrated experience working both independently and as part of a team in a highly collaborative, complex environment

• A genuine inclination for designing effective processes and the ability to work through complex problems and challenges to provide innovative insights

• Experience with retail financial advisor industry and portfolios a strong plus

• Investment expertise and positioning of outsourced wealth solutions

• Eagerness to learn and understand all aspects of SMA and model portfolio business.

Requirements:

• 5-10 years of relevant asset management industry experience with Managed Account (SMA) experience preferred

• BA/BS degree required

• Knowledge of ETFs, mutual funds, and separate accounts

• Excellent verbal and written communication skills along with demonstrated analytical ability

• Effective public speaking and communication skills

• Strong knowledge of capital markets and portfolio construction.

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

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

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.