Director, Product Strategy and Development - Canada

About this role

We are looking for an experienced, self-motivated, leader to drive product strategy and development for BlackRock in Canada.

This role reports sits within the Canadian Product Team and reports to the Head of Canada Product. The team is responsible for the firm’s overall product offering in Canada, across ETFs, pooled products, and alternatives.

As a leader in this team, you will be responsible for setting overall product strategy, defining product priorities, and the design and development of new products. You will be deeply involved in each of these three aspects. The role involves extensive collaboration with partners from across the organization, including portfolio management, legal, operations, capital markets, tax, sales, and marketing to successfully design, build and commercialize new products.

All members of the Canadian product team are expected to bring leadership, energy, creativity and enthusiasm with the willingness to do whatever is required to deliver on our core objectives, operate consistently with the BlackRock principles, and foster a collegial, curious, and high performing culture.

Key Responsibilities:

Product Strategy

• Develop a coherent product strategy by integrating a broad mosaic of inputs, including client feedback, market trends, regulatory and tax changes, firm-level priorities, and other qualitative and quantitative inputs. Build and present detailed business cases for specific new products and enhancements.

• Partner globally with other product and business strategy teams within the firm to ensure consistency and alignment on product design decisions

• Present and communicate ideas or proposals to a range of internal audiences, including sr. management in order educate and build internal alignment

• Strong focus on ETFs, but role includes responsibility for development of other pooled solutions, including alternatives and privates.

New Product & Enhancement Design

• Apply a deep understanding of investing principles and product / ETF structuring mechanics (including Canadian tax and regulatory considerations), to design new products and product enhancements

• Collaborate across internal stakeholders with respect to product design/enhancement decisions and lead internal socialization. Ensure product designs achieve commercial requirements. Shepherd new products and initiatives through the organization, including internal review processes.

• Partner closely with internal and external Legal to provide input and into prospectuses and other key regulatory documents and processes

Knowledge/Experience:

• 10+ years of Canadian asset management industry experience and robust understanding of the commercial landscape of the industry.

• BA / BS in Finance, Economics, Commerce or similar field required. MBA or Master's degree preferred.

• CFA charterholder preferred

• Deep knowledge of ETF mechanics and broader product structuring across investment processes, capital markets, operations, regulations, and tax.

• Detailed understanding of the Canadian investment management business, and different distribution channels and client segments.

• Ability to communicate clearly on both technical and business subjects and build common understanding across various stakeholders. Excellent verbal and written communication skills.

• Proven ability to develop and maintain strong relationships with internal and external partners and to work effectively at many different levels of an organization.

• Resourceful, proactive and able to prioritize and multi-task in a fast-paced, team- oriented environment.

• Expert knowledge of Excel and PowerPoint a requirement

For Toronto, Canada Only the salary range for this position is CAD$0.00 - CAD$0.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.