Financial Institutions Group - Relationship Manager, Analyst / Associate

About this role

Job Description

The Financial Institutions Group (FIG) is responsible for developing and maintaining relationships with BlackRock’s global financial institutions clients which include insurance companies, banks, and other financial firms. We pride ourselves on creating and delivering bespoke investment solutions, advisory, and analysis to our sophisticated client base. The group is one of the industry's largest managers of insurance company assets, and our insurance practice is a strategic focus of the firm.

As an Associate on the FIG team, you will work as part of a team of client-facing relationship management professionals with a deep understanding of industry trends, client needs, and BlackRock’s capabilities across investment management, risk, and advisory. You will be a key point of contact for external clients and will work across various internal partner teams with the goal of delivering the firm to this important institutional client segment.

• Coordinating day-to-day delivery of BlackRock's asset management and associated services, including:

  • Accurate and timely client reporting

  • Regular and ad-hoc data and analytics requests generated by Aladdin

  • Preparation for and participation in client market and portfolio reviews

  • Design, ownership, and delivery of complex and/or ad hoc client requests

  • Managing portfolio compliance to client guidelines

  • Engaging BlackRock’s capabilities and organization on behalf of our clients

• Building and maintaining strong relationships with senior client counterparts, which requires:

  • Anticipating client needs and prompt responses to client inquiries

  • Cultivating an awareness of client specific investment and operational priorities and sensitivities

  • Developing expertise in our client’s industry dynamics and trends as well as their specific investment needs

  • Learning fundamentals of insurance financial statements, regulatory and accounting trends

• Supporting new business and product development, including:

  • Supporting account plan development and execution for current clients to expand relationships, helping to drive commercial opportunities

  • Developing knowledge of BlackRock products and services

  • Initiating and designing client specific solutions

  • Supporting implementation, including account set up, guideline development and establishing service needs

Skills and Qualifications:

• 2-4 years of experience working in a professional office setting

• Proficiency in Microsoft Word, Excel, and PowerPoint

• Ability to think and act proactively, and multi-task in a fast paced environment

• Proven track record of delivering exceptional client service

• Working knowledge of fixed income, equity and alternative markets and instruments

• Knowledge of insurance investing

• Excellent written and oral communication skill

• CFA Level 1 (or more) a plus

For New York, NY Only the salary range for this position is USD$105,000.00 - USD$137,500.00 . 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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

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.