Vice President, Client Contracting

About this role

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services too institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Team Overview

The Contracting team is responsible for driving and completing contract negotiations with clients on behalf of BlackRock’s client businesses. We partner closely with the client business, Relationship Managers, Legal and Compliance, Onboarding teams and other internal groups to ensure BlackRock’s contracts balance commercial outcomes with appropriate risk management and fiduciary obligations. We cover a broad range of clients including sovereign wealth funds, central banks, pension funds and insurance companies each of whom may transact in different investment strategies, products, instruments and markets offered by BlackRock.

Role Description

• Drive the contracting process from initial drafting through negotiation and execution for your portfolio of business

• Manage client business and client expectations throughout the negotiation process

• Facilitate and coordinate with internal partners across functions involved in the contracting process, ensuring their comments flow through to the contract and requisite approvals are acquired

• Identify issues that are disseminated to potentially impacted internal partners for review, discussion, negotiation and resolution

• Ensure that all completed contractual documentation is accurately filed and in compliance with internal procedural and regulatory requirements

• Find opportunities for process and client experience improvements

• Support the sales team with contractual documentation queries

• Participate in Onboarding initiatives including technology and workflow changes

Experience/Qualifications:

• Confirmed ability to draft and negotiate complex legal contracts

• Ability to perform and deliver high quality legal contracts in a fast-paced environment

• Proven skills in successfully handling contending internal and external demands within compressed timeframes

• Strong communication skills – written and oral

• Knowledge of the asset management industry (fund types, client base and strategies, operational set up and products) and applicable law and regulations

• Comfort in working with multiple systems to supervise and lead through the contract negotiation lifecycle

• JD or equivalent experience

Proficiencies:

• Ability to independently run tasks and workload with some mentorship and oversight

• Ability to think out of the box, to navigate complex internal processes and functions, and be able to offer practical solutions that will be mutually beneficial to both the client and Blackrock

• Proven track record to balance client needs with BlackRock policies and operational procedures; possess regulatory and technical awareness in order to understand associated risks and provide innovative, risk-free and compliance friendly solutions; improve the client experience

• Ability to be a great teammate is crucial

• Possess the ability to adapt to internal processes and requirements

• Open to new challenges; able to work effectively and efficiently on multiple projects simultaneously while maintaining the highest standard and attention to detail

• Strongly proficient in standard software (e.g. Microsoft Office) and interested in new technologies

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 Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.