Director, Executive Compensation & Employee Benefits Attorney

About this role

Your team

The role is part of the Employment team within BlackRock’s Legal and Compliance Department’s Corporate Law team. We provide legal counsel primarily to the Human Resources Group, but also to all other business groups, on legal issues related to all aspects of employment and the employee life cycle. We are a key partner to the firm in executing its human capital management strategy.

Your role and impact

The role will involve the provision of legal support on Executive Compensation and Employee Benefits matters.  Some aspects of the role responsibilities are global in nature, while others relate specifically to the United States, Canada and Latin America.  A primary focus will be providing counsel to BlackRock’s Compensation and Employee Benefits Teams within the Human Resources Group, in connection with BlackRock’s compensation, equity, carried interest, retirement and health and welfare plans. The role will be located in New York.

Your responsibilities

• Provide practical legal counsel to Human Resources and interface with outside counsel with regard to day to day issues including:
  • BlackRock’s stock plan, voluntary deferred compensation plan, employee stock purchase plans, and carried interest plans;
  • Required public company disclosure issues;
  • BlackRock’s 401(k) plan (including fiduciary guidance to its retirement committee, investment and administrative subcommittees); health savings accounts and health and welfare programs;
  • development and updates of policies, plan documentation and communications relating to BlackRock’s compensation and employee health and welfare plans and programs and related initiatives;
  • support in respect of vendor agreements and client RFP process; and
  • negotiation and documentation of employment, retention and separation agreements and restrictive covenants of varying complexity.
• Provide legal counsel and support with HR-related elements of strategic transactions / acquisitions, including:
  • due diligence, especially with regard to employee benefits, compensation plans and other qualified and non-qualified plan issues;
  • negotiation / drafting of employment-related reps and covenants in M&A deals;
  • interface with outside M&A and employment counsel on M&A transactions; and
  • pre / post-close Implementation; and
• Develop, revise and implement related policies and training solutions and stay atop of industry developments to help BlackRock be best in class.

You have

• A minimum of 8+ years’ experience in executive compensation and employee benefits subject areas;
• Preference given to experience in the financial services industry (including private equity / private markets) and executive compensation experience with a public company;
• Some subject matter experience in risk mitigation related to key employee-life cycle events (hiring, retention and terminations) and corporate transactions;
• Strong analytical and problem-solving skills;
• Ability to manage and prioritize multiple complex projects simultaneously;
• Strong communication skills (oral and written), with both legal and non-legal professionals and comfort working in a role requiring utmost discretion and confidentiality;
• Collegial, team player;
• Major law firm experience preferred; and
• JD degree and member of the New York bar.

For New York City only: The salary range for this position is $233,000 - $272,500. 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.

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.