Vice President, Head of Performance Management and Promotions
Location: New York, New York Team: Talent & Culture Job Requisition #: R253088 Date posted: May. 21, 2025
Job description
About this role
Job Summary:
As the Global Head of Performance Management and Promotions, you will drive the strategic direction and execution of performance management initiatives and promotional strategies across the firm.Key responsibilities include managing the performance management lifecycle, which includes People Manager Expectations, Objective Setting, Career Development Month, Mid-Year, and Year-End reviews.
Additionally, the role involves overseeing our promotions processes, with a particular focus on Managing Director promotions and collaboration with the MD Promotion Committee, as well as managing our recognition programs (BLK Awards).
Key Responsibilities:
Performance Management Strategy: Design, implement, and manage a global performance management framework that aligns with organizational goals, incorporating objective setting, ongoing feedback, and performance evaluations to drive accountability and excellence.
Promotions Process Leadership: Design and oversee a transparent, equitable, and merit-based global promotions process, ensuring alignment with organizational talent needs. Lead the Managing Director promotion process, partnering with senior leaders on the Managing Director Promotion Committee (MDPC).
Operational Excellence: Ensure operational excellence across our talent practices while identifying opportunities for efficiency, innovation, and improvement.
Change Management: Oversee the design and delivery of change management efforts to embed new performance and promotion practices, ensuring buy-in from leaders and employees through thoughtful communications and upskilling.
Stakeholder Collaboration: Collaborate closely with key stakeholders within HR (Business Partners, Analytics & Reporting, Regional Talent Management teams, Compensation, etc.) and the business to understand commercial needs and align talent strategies to achieve business goals.
Technology Optimization: Partner with internal Platform and Reporting teams to build and implement tools to streamline and scale processes and enhance the user experience.
Requirements:
Delivery Excellence: Proven track record of delivering high-quality, accurate, and timely work.
Strategic Mindset: Ability to think critically and creatively to solve problems and innovate to align talent practices with organizational goals.
Consultative:Demonstratedtalent in serving as a trusted advisor through asking thought-provoking questions to diagnose issues and brainstorm solutions.
Change Leadership:Expertise in leading change management processes to drive adoption of talent practices and key initiatives, including stakeholder management, communication planning, and upskilling.
Collaboration and Communication Skills: Skilled at effectively collaborating with internal teams and stakeholders. Excellent written and verbal communication skills, particularly with senior audiences.
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.R253088
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