Associate, Investment Product Management

About this role

About BlackRock’s Global Product Solutions (GPS)

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the solutions they need when planning for their most important goals. As of September 2023, BlackRock managed $9.1 trillion across equity, fixed income, alternatives, multi-asset, and cash management strategies for our institutional and retail clients. With 70 offices in 30 countries, BlackRock is a truly global firm that can combine the benefits of worldwide reach with local service and relationships. We manage assets for clients in North and South America, Europe, Asia, Australia, the Middle East, and Africa. BlackRock’s Global Product Solution (GPS) strives to catalyze firm growth by delivering for clients on the biggest asset management trends through expertly designed, scalable products and solutions. GPS ensures product priorities are consistent with overall firm strategy and growth aspirations and manages a transparent and disciplined product development process from ideation through implementation for innovative, new products. GPS partners closely with Client Businesses, Investment teams, and Corporate Functions to achieve the firm’s goals and objectives.

GPS is responsible for delivering the following core activities:

• Product Strategy & Innovation
• Product Development & Structuring
• Product Management & Commercialization
• Product Governance

About this Role:

The Product Development & Strategy team for GPS in Asia ex-Japan is responsible for product strategy and product development initiatives in the region.  The team ensures product priorities are consistent with overall firm strategy and growth aspirations and manages a transparent and disciplined product development process from ideation through to implementation and life-cycle management. The focus of the team is to look at the product range offered to our clients in region, in a wrapped form, leveraging the global mutual funds platform and capabilities of BlackRock. We are offering a Product role in that team, assisting senior members and leading on various projects. The position is based in Hong Kong; it offers an opportunity to interact with different divisions within the firm (investment teams, sales, product, operations, fund admin, tax, legal and compliance, etc.) and externally (clients, vendors, index providers, trustees, regulators, etc.).

Responsibilities:

• Acquire and maintain an in-depth knowledge of BlackRock’s global product set.
• Conduct in-depth industry research and competitor analysis to understand the industry landscape and client/market trends and be able to convert complex market data into valuable insights.
• Work with the team to engage with internal stakeholders to understand client needs and product gaps, to develop viable investment solutions and commercialization plans to drive success for focus products.
• Support senior product leads across active & index in product design and structuring, coordinate the product approvals process and drive the end-to-end product implementation process.
• Support the evolution of the product governance framework, leveraging global best practices and driving efficiencies through problem solving.
• Work on the maintenance of the local product platform with other team members, taking ownership of certain activities, by focusing on commercial needs as well as regulatory changes and industry developments.

Requirements:

• An undergraduate degree in finance, economics, applied mathematics, accounting or other relevant fields with strong academic background and a proven ability to synthesize complex topics in an unstructured fashion.
• 3-5 years of relevant experience in financial services.
• A keen interest in market/industry research, product design and structuring.
• Possesses proven quantitative and analytical skills.
• Strong project management and stakeholder management skills; comfortable with working across geography, time zones and functions to effectively contribute in large working group settings.
• Excellent organizational, prioritization and time management skills, with attention to detail and ability to multi-task.
• Demonstrates a high level of initiative and ability to work under pressure and be comfortable taking primary responsibility for deliverables assigned.
• Excellent communication and presentation skills, with the ability to lead meetings and conduct effective briefings and presentations.
• High proficiency in using Excel, PowerPoint and other Microsoft products.
• Knowledge in using data provider/visualization/analysis tools such as Morningstar, Tableau, Power BI, Bloomberg, or similar software will be a plus.
• Excellent in English with strong verbal and written communication skills. Other languages a plus.
• Strong professional integrity and ethics.

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 | Twitter: @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, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.