Associate, Product Strategy at BlackRock

Princeton, New Jersey, United States

BlackRock Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Asset Management, Investment Management, FinanceIndustries

Requirements

  • Bachelor’s Degree preferably in Business or Finance with strong quantitative skills
  • Passionate about the markets and investing; proven financial services experience
  • Solid understanding of the asset management industry and capital markets
  • Strong written, verbal, and interpersonal skills
  • High proficiency in Excel, PowerPoint; database skills essential; Bloomberg and other market data systems useful; Python, SQL, PowerBI, and Morningstar a plus
  • Organized, analytical and detail oriented with the ability to multi-task and adapt in a fast-paced environment
  • Team player; ability to form meaningful working partnerships with a collaborative and cooperative approach to tasks
  • Demonstrated record of flexibility, responsiveness, and self-starting personality with a consistent track record of innovation
  • Excellent planning and time-management skills to prioritize tasks and meet deadlines
  • Robust technology and problem-solving skills to develop and drive efficiencies and automation
  • Excellent skills to automate the gathering of information utilizing internal BlackRock tools such as Explore and external tools such as PowerBI and Copilot
  • In-depth knowledge of SMA offerings
  • Ability to work independently and as part of a team in a highly collaborative setting

Responsibilities

  • Collaborate with the team of investment professionals and work alongside Portfolio Managers to represent SMA strategies to internal and external partners
  • Maintain a complete understanding of investments, performance and risk positioning of BLK SMA product suite and competitive landscape
  • Deliver subject matter expertise, handle product strategist activities including queries on RFIs, RFPs, Due Diligence Questionnaires, and sponsor portal data
  • Complete a wide variety of ad hoc partner requests and strive to deliver an outstanding level of client service
  • Provide ongoing business support in the pursuit of business growth, including gathering competitive intel, and crafting business strategy materials and presentations
  • Identify and drive initiatives to enhance SMA product strategy client service
  • Further develop our automated client reporting functions and reports for our SMA strategies, in collaboration with other teams; as well as seek to leverage the capabilities of other internal BLK partners and technology applications, while maintaining a strong attention to detail
  • Collaborate with internal partners for new investment strategy and/or new distribution relationships launches
  • Be a subject matter expert throughout the product lifecycle
  • Participate in development and delivery of investment solutions, articulate market and product communications, respond to internal and external enquiries, and help drive product strategy

Skills

PowerBI
Copilot
BlackRock Explore
Automation
Problem Solving
Portfolio Management
Risk Analysis
RFP
RFI
Due Diligence

BlackRock

About BlackRock

New York City, New YorkHeadquarters
1988Year Founded
$78,647.7MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries

Benefits

Health Insurance
Unlimited Paid Time Off
Mental Health Support
Wellness Program
401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.
Workforce reduction may indicate internal financial pressures or strategic shifts.
Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.
The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.
BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.
The Ethereum platform positions BlackRock as a leader in blockchain financial services.
Partnership with Frax Finance enhances digital finance offerings and compliance.

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