Multi-Asset Strategies & Solutions (MASS) - Vice President, Investments Infrastructure

About this role

Over half of the assets that BlackRock manages are related to retirement - our firm has a special responsibility for enabling a better retirement for all. BlackRock's Retirement Solutions (RS) team sits within BlackRock’s Multi-Asset Strategies & Solutions (MASS) business, the investment group at the heart of BlackRock's portfolio construction, asset allocation and active management ecosystem. The RS team is the engine that serves our global retirement business as the center of lifecycle investing, bringing together expertise in strategy, research, portfolio management and technology and is trusted with $500B in client assets as of December 2023. We are a global team with individuals based in San Francisco, New York, Atlanta, London, Budapest, and Gurgaon.

Our flagship product, LifePath, was the industry’s first target date fund (TDF) invented in 1993. LifePath seeks to be a comprehensive retirement solution for individuals seeking a sophisticated and professional way to invest that remains simple to understand and use. LifePath is currently available in 9 countries with a variety of implementations including index, active, sustainable, and custom solutions tailored to the unique needs of individual companies. Since pioneering the TDF in 1993, our culture of innovation continues to this day with the upcoming launch of LifePath Paycheck, an innovative retirement income solution, representing the next evolution of our LifePath franchise.

The Investment Infrastructure team directs the operational ecosystem of MASS Retirement Solutions, emphasizing seamless research implementation, innovative product development, and efficient operational design. The team ensures constant modernization of our investments platform while leading in the design of scaled, risk-controlled innovation in all future business opportunities.

Role Description & Responsibilities

The MASS Retirement Solutions team is looking for a motivated individual to manage the investments operating platform supporting the business. This person will ensure the business’s ability to sustain robust, long-term growth across our global product range and will play a vital role in crafting innovative solutions to the challenges facing our portfolio management, research, and product delivery functions. This individual will help drive the commercialization of our overall product suite, lead large-scale portfolio implementations, set business-level strategy, and influence the firm's broader strategic agenda through cross-functional initiatives. 

This position offers an opportunity to partner closely with our internal research, portfolio management, and product strategy teams, as well as with distribution partners, GPS, APG, Tech & Ops, and the broader MASS business. Successful candidates will be self-starting leaders who can effectively balance independent action while ensuring alignment with broader goals, priorities, and team objectives. They must understand and develop clear business strategies while simultaneously excel at leading multi-phase projects with various partners across a global, matrixed business.

Responsibilities will include:

• Leading new product launches to advance the commercial objectives of the business
• Partnering with portfolio management and product partners to deploy key research initiatives across the breadth of RS products globally, considering market trading restrictions, jurisdictional regulations, and client requirements
• Building robust oversight controls for core RS investment, change management, and reporting processes with Aladdin partners
• Navigating evolving regulatory frameworks and firmwide governance to ensure adherence with compliance requirements
• Designing new, innovative delivery mechanisms and technology solutions to expand the accessibility of RS IP and products
• Collaborating with technology partners to enhance Aladdin platform capabilities, including the creation of target-date-specific analytics, product marketing materials, and customized portfolio analyses
• Partnering with senior leadership across the firm to raise awareness and build support for critical initiatives and product pipelines
• Presenting strategic recommendations to senior leadership, including project scopes, process designs, implementation plans, and resource requirements
• Establishing priorities and action plans to connect the current investment capabilities to the future-state RS platform

Skills & Qualifications:

• 10+ years of financial services experience, preferably in an investment, technology, or business development role
• 3+ years of BlackRock or Aladdin experience with a focus on portfolio management, portfolio analytics, client servicing, or related roles strongly desired
• Strong fund management and investments background along with working knowledge of capital markets, asset classes, and financial instruments (equities, fixed income, and derivatives)
• Ability to partner at all levels of the organization and cultivate positive connections with team members, managers, partner teams, and senior executives globally
• Adaptable, proactive professional with keen attention to detail and ability to manage competing priorities
• Strategic and analytical problem solver with the ability to simplify and effectively communicate complex concepts
• Knowledge of Python, Power BI, Tableau, SQL, Morningstar Direct, Bloomberg, and/or progress towards CFA, CAIA, CIMA, or CFP is desirable
• Series 7 & 63 and insurance license to be acquired within 6 months of hire

For San Francisco, CA and NY7 - 50 Hudson Yards, New York Only the salary range for this position is USD$137,500.00 - USD$194,000.00 . 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.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.