Vice President, Institutional - Defined Contribution at BlackRock

Chicago, Illinois, United States

BlackRock Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Investment Management, Financial Services, Asset ManagementIndustries

Requirements

  • 6+ years of established track record in institutional relationship management and fundraising
  • Proven sales background – ability to drive results in an autonomous working environment and in close collaboration with colleagues

Responsibilities

  • Design and implement a sales strategy for $500mm and larger DC clients and prospects within the Institutional Defined Contribution business
  • Identify and diligently pursue new investment opportunities through consultative dialogues with investors. Focus on strategic products for the group as well as mandates that will have the most commercial impact
  • Meet predetermined targets for net-new revenue and sales activity
  • Effectively develop a cohesive and consistent narrative around the firm’s competitive advantage, investment capabilities, industry positioning and the DC landscape
  • Develop product fluency across BlackRock's investment options including but not limited to LifePath, Fundamental Fixed Income, Systematic Active Equity and our Index platform
  • Record client activities and opportunities in CRM systems on a timely basis
  • Work collaboratively with partners within BlackRock to meet clients’ needs and objectives
  • Lead support staff on assigned accounts to service clients and implement sales strategy
  • Mentor junior team members and contribute to the staff’s overall development

Skills

Relationship Management
Institutional Sales
Client Service
Asset Management
Risk Management
Advisory Services
Product Development
Defined Contribution Plans
Pension Funds
Institutional Investing

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.

Land your dream remote job 3x faster with AI