Vice President, Transition Strategist, Transition Client Solutions
Location: Sydney, New South Wales Melbourne, Victoria Additional Locations: Melbourne, Australia Team: Investment Product Strategy Job Requisition #: R246336 Date posted: Nov. 05, 2024Job description
About this role
BlackRock is a world-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors. BlackRock offers a range of solutions — from meticulous fundamental and quantitative active management approaches aimed at increasing 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.
BlackRock’s Transition Management team helps institutional clients restructure their investment portfolios, acting as a bridge between their existing and desired allocations.
A transition can be anything from a manager change to a full-scale plan merger. We deliver a modern approach to project management, portfolio risk management and trade execution to help clients reduce costs and minimise risk during periods of significant portfolio turnover. We deliver the best of BlackRock’s expertise in risk management, trading and technology directly to clients.
Our team runs more than 200 transitions a year from offices in London, New York, San Francisco, Tokyo, Hong Kong and Singapore with a focus on large multi-asset portfolio restructures. We have over 50 transition professionals globally and offer one of the industry's most comprehensive transition management platforms. Our clients include central banks, sovereign wealth funds, public pension plans, corporate retirement plans and other institutional investors.
Role and Responsibilities:
Overview: We are seeking a skilled Transition Strategist to join our APAC Transition Management Team, based in Sydney or Melbourne. As a Transition Strategist, you will play a key role in implementing transitions for clients across the Asia Pacific, sharing responsibilities with the Transition Portfolio Manager. This role requires a strategic, hands-on approach to business development, project structuring, and the seamless delivery of client transition projects. You will be accountable for ensuring a high standard of client care, from planning through execution, with a direct line of responsibility to the client.
Client Strategy
- Lead client engagement efforts in Australia to generate new and repeat business through proactive relationship management.
- Develop and deepen client relationships, establishing strategic engagement plans that align with commercial objectives.
- Manage and own client pitches, tracking opportunities and ensuring all stakeholders remain informed.
- Represent BlackRock in client meetings and pitches, delivering presentations and engaging in consultative and educational discussions.
- Collaborate across BlackRock’s client-facing teams to ensure a cohesive and solutions-oriented client experience.
- Respond to RFPs and other client inquiries, promoting our transition capabilities and strategic initiatives.
- Stay current with advanced trading mechanisms, risk management tools, delta one instruments, and liquidity options to continuously enhance our offerings.
- In collaboration with the transition portfolio manager, provide analytical and qualitative input into trade strategy design.
Project Management
- Plan, coordinate, and oversee all aspects of transition projects for clients across the Asia Pacific.
- Engage with internal and external stakeholders to ensure efficient project delivery.
- Identify, assess, and mitigate potential risks and costs throughout the transition process.
- Build and monitor operating plans, ensuring detailed oversight of exposure, execution, and operations.
- Foster strong relationships with all parties involved, maintaining transparent communication throughout each transition project.
- Regularly update clients on market conditions and project progress.
Skills and Qualifications:
- Experience: 7+ years in capital markets, with a background in portfolio management, trading, transition management, and / or implementation/exposure management within industry super funds or related fields. Strong network and familiarity with clients in Australia, particularly within superannuation schemes.
- Expertise: Solid understanding of capital markets, financial instruments, portfolio hedging and optimisation, index/beta replication, and multi-asset strategies.
- Analytical Skills: Extensive knowledge of transaction costs, portfolio risk analytics, and trade strategy design.
- Client-Focused: Exceptional interpersonal skills with a track record of collaborative teamwork and a mentoring mindset.
- Adaptability: Proven ability to manage multiple priorities, consistently delivering high-quality work in fast-paced environments.
- Communication: Excellent communication skills, capable of distilling complex information for diverse audiences.
- Project Management: Demonstrated experience leading and executing large projects with precision.
- Technical Proficiency: Advanced Excel skills, with a strong affinity for technology and process innovation.
- Personal Qualities: High energy, curiosity, problem-solving mindset, with attention to detail and a strategic, entrepreneurial approach to workflow optimisation.
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.
R246336
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