Director, SMA Product Strategist

About this role

Team Overview

BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations.

About this Role

We are looking for a Director to join the Commercial Strategy & Strategic Partnerships team within our SMA Solutions business unit.  The Commercial Strategy & Strategic Partnerships team is responsible for leading commercial strategy efforts for the business, driving new and innovative product solutions, and engaging with our largest and most complex strategic partners. The Director will be responsible for leading development and execution of the SMA Solutions product roadmap.  The role is multi-faceted and will help position the SMA business of the future, by innovating on new product solutions and combinations.  Many of our product solutions are in a growth position and the individual who fills this role will play an integral part of finding synergies in capabilities and unifying our product suite.    

Key Responsibilities:

•  Lead and drive SMA Solutions Product Roadmap for SMA Solutions – primarily Equity & Bonds – and including product combinations and innovations
•   Chair the SMA Solutions Product Committee – in place for prioritizing, approving, and monitoring product development and launch initiatives
•  Ideate on new and innovative features and products - partner with strategists, research, PM, Fundamental Equity and GFI, GPS, to understand BlackRock product initiatives and opportunities
•  Develop plan and project manage new products and combinations
• Understand client needs and requirements via voice-of-client research
• Develop keen understanding of industry trends and capabilities
• Work with internal and 3rd party partners to understand technical and operational requirements for execution
• Partner with Global Product, US Wealth, Portfolio Management, and Institutional client teams to ensure appropriate positioning of SMA’s within broader firm initiatives and product campaigns
• SMA Solutions lead to partner with teams on Whole Portfolio initiatives
• Effectively balance strategic and ad hoc projects

Qualifications:

• Experienced product manager with track record of innovation, development, and launches of product
• Ability to lead and influence large, cross-functional virtual teams
• Demonstrated project management and organizational skills
• Flexible, responsive, and self-starting personality. Demonstrated experience working both independently and as part of a team in a highly collaborative, complex environment
• Experience with retail financial advisor industry and familiarity with separately managed accounts a strong plus
• Strong time management, organizational and problem-solving skills
• Ability to clearly articulate objectives and influence outcomes
• Excellent verbal and written communication skills along with demonstrated analytical ability
• Effective public speaking and communication skills
• Eagerness to learn and understand all aspects of the SMA business

Requirements:

• 8-15 years of relevant asset management industry experience with SMA experience preferred
• Knowledge of capital markets, portfolio construction
• Advanced Microsoft Office skills- Excel, PowerPoint, Word - and experience with Project management tools

For San Francisco, CA and New York, NY Only the salary range for this position is USD$194,000.00 - USD$270,000.00 . 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.

For Princeton, NJ Only the salary range for this position is USD$184,000.00 - USD$25,000.00 . 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.