Associate, US Wealth Advisory Business Strategy

BlackRock’s US Wealth Advisory business (“USWA”) manages the firm’s relationships with US retail financial services firms and their advisors, who ultimately serve end investors.  Representing a full suite of strategies – from iShares ETFs and mutual funds to SMAs, model portfolios, alternatives, portfolio solutions, and sub-advisory programs – USWA’s mandate is to deliver “One BlackRock” to our clients.

The USWA Strategy team is responsible for developing and executing against the strategic direction of USWA and leading the operating cadence of the business. The team is focused on developing and communicating insights about our industry and competitive landscape, assessing our business performance, allocatingresources and executing on business plans, and leading a range of initiatives to shape our direction as a business.The Associate role supports the team, and at time the broader Americas client business, in delivering these key projects and initiatives. The role requires the capability to work in agile, cross-functional teams and utilize analytical abilities to come up with creative solutions to business problems, presenting impactful solutions with tangible next steps to senior management.

Key Responsibilities

• Work with leadership in Wealth (and at times, broader Americas) client businesses to set strategy and priorities to drive revenue growth 

• Partner with strategy team leadership, senior management, and business heads to shape strategic objectives and identify opportunities to meet these goals, working collaboratively across stakeholder levels to create buy-in

• Contribute to and assist in executing on business strategy projects and initiatives through different phases:

• Identify problem statement, define approach / required analyses, and create work-plan

• Gather and synthesize information from a variety of sources (industry research, financial publications, and broader BlackRock colleagues including field sales, marketing, etc.)

• Synthesize findings and engage senior team members in problem solving and on potential issues

• Create impactful reports/presentations to communicate withBlackRock Stakeholders (senior management, BlackRock Board, etc.)on project progress, final outcomes and implementation plans

• Formulate data-driven insights as well as competitor monitoring 

• Support businesses and functions on ad-hoc requests

Development Value

• Unparalleled exposure to BlackRock senior leadership, including opportunity to challenge businesses and set strategy

• A collaborative, inquisitive and high-performing team culture

Knowledge / Experience

• 2-3+ years of strategy experience at an asset manager, investment bank, consulting firm, private equity firm, or complex multinational corporation

• Asset management industry knowledge is preferred

• Experience working and communicating with management, for either internal or external clients

• Proven problem-solving, quantitative, and analytical skills

• Ability to synthesize data into high-quality presentations and written communications 

• Student of the markets with high levels of motivation and inquisitiveness

• Advanced Excel and PowerPoint skills with ability to quickly produce management-level quality presentations and robust Excel models 

Skills/Qualifications

• Problem solving: Ability to think logically and deconstruct a larger problem into sub-components and prioritize issues

• Structured communication skills: Ability to communicate complex ideas top-down, ask targeted questions to arrive at solutions, and present to various audiences

• Interpersonal skills: Ability to engage diverse set of stakeholders, understand their viewpoints, build long-term relationships, create a collaborative and inspirational environment within the team and develop team

• Process management: Efficiently manage project processes, navigate trade-offs and effectively manage own and other’s time

• Translation: Ability to digest complex content and concepts and convert to straightforward deliverables

• Advanced PowerPoint skills: Ability to quickly produce management-level quality presentations

• Advanced Excel skills: Ability to produce robust Excel models (forecasting, sensitivity analysis, etc.)

• Bachelor’s degree