Multi-Asset Strategies & Solutions (MASS) – Director, Business Management

About this role

Being a part of BlackRock means being a part of a community of inquisitive, ambitious people who are taking on some of the world’s most complex sophisticated financial challenges. Thrive in an environment that fosters positive relationships and recognizes outstanding performance. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. And our founder-led culture has maintained its entrepreneurial feel — we work hard, we work fast, and we work with purpose.

INTRODUCTION TO MULTI-ASSET STRATEGIES & SOLUTIONS
BlackRock’s Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of index, factor, and alpha-seeking investment capabilities to deliver detailed investment outcomes and innovative alpha insights. Our team of 550+ multi-asset investment professionals construct active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels. Currently, MASS handles over $1 trillion in assets and has a strong presence in the Americas, EMEA and throughout Asia Pacific.

POSITION OVERVIEW
The successful candidate will be a member of the global MASS Business Management Team, partnering closely with the COO to support the day-to-day oversight of operations, design and delivery on critical initiatives, and on-going delivery of a robust and scalable operating platform.. Our team is seeking an individual with a strong intuition for business, experience in the investment industry, creative approach and consistent track record of successful execution and achieving results. A successful candidate will be a connector within the firm. Crucial team responsibilities include: Long-term planning and business reporting, oversight of the operating platform and building scale through operational improvement and technology, engaging in the day to day business and with key sponsors, and general project management for team initiatives. 

In a 1BLK effort, you’ll also collaborate within and out of the MASS ecosystem including MASS senior management, Portfolio Managers, Product Strategy, HR, Finance, Operations, Aladdin Engineering and Legal & Compliance. 

The MASS Business Management Team is looking for an individual with strong relationship management and technical skills, a demonstrated record of results delivery, an intellectual curiosity and a “get the job done” mentality. The ideal candidate will be a structured problem solver who can communicate effectively, one who possesses technical awareness and can support the growth of the business by methodical review of current state, design and implement future state employing technology as an enabler of scale.

KEY RESPONSIBILITIES:

• Strategic Project Management – Lead critical initiatives by building & driving consensus with senior partners, including senior management, for the MASS & wider PMG platform related to portfolio management, trade and post trade operations, investment process analysis and technology implementation. Understand and be able to effectively manage resource requirements.
• Operating Platform – Review and enhance the operating and technology platform for the global investment teams to drive scale and efficiency in the investment process as well as reduce operational risk for the firm. This includes navigating and running operating events and internal audits and the post-mortem actions. Ability to understand and ensure compliance with regulatory requirements while instilling a culture of compliance across the team.
• Financial Oversight – Partner with Financial Planning & Analysis (FP&A) and MASS business leads to ensure accurate and timeline financial reporting and adherence to expense budgets. Be able to communicate business plans, challenges, and opportunities to senior management for the purposes of business reviews and/or strategic funding requests.
• Business Management – Be a key point of contact for business administration across the 550+ employees within MASS. Partner with internal teams (Operations, HR, Corporate Services, Finance) in handling day-to-day tasks and engaging with key leaders
• Presentations and Reporting – Aid senior management in organizing and producing presentation material; coordinate across the MASS organization to provide content and commentary for reporting deliverables; oversee agendas and content for Town Halls and other group wide sessions.
• Navigate and connect the dots across the firm, ensuring efficiency, scalability and risk management of the platform
• Be a present and positive culture carrier for the team, with an approach toward facilitating business performance and growth

EXPERIENCE/KEY QUALIFICATIONS:

• 10+ years of experience in financial services or in a similar role
• Demonstrated maturity, judgement and discretion. Strong emotional ownership.
• Strong analytical, creative, writing, organizational and problem solving skills
• Flexible, responsive and self-starting personality with keen attention to detail. Demonstrated experience working both independently and as part of a team in a highly collaborative environment
• Strong communication and interpersonal skills, including ability to deliver presentations, coordinate with team members and senior leaders across the firm
• Strong process awareness and ability to recognize and address operational risk issues.
• Strong organizational, planning and time management skills including ability to function effectively within a fast-paced environment and multi-task
• Strong, proven project management skills
• Basic knowledge of the capital markets, asset classes, financial instruments (equities, fixed income and derivatives) beneficial

For California only the salary range for this position is $190,000 – $240,000. 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.

For additional information on BlackRock, please visit @blackrock | Twitter: @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.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.