Vice President, Investment Product Development at BlackRock

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Investment ManagementIndustries

Requirements

Bachelor’s degree (or foreign equivalent) in Finance, Technology, Engineering, Mathematics, or a related field including Physics
6 years of progressive, post-baccalaureate work experience in the job offered or in a related occupation
CFA Charterholder (license)
6 years of experience managing people and vendor relationships (including financial institutions) in the financial services industry
6 years of experience in Financial services in Securities Lending
6 years of experience using SAP Business Object to conduct analysis and review business cases
6 years of experience managing projects to global regulation standards (Including UCITs, BASEL Framework, 1940 Act, ERISA, 81-102)
6 years of experience implementing and applying Environment, Social and Governance (ESG) investment guidelines and policies
6 years of experience in European market conditions focusing on non-cash (i.e. asset backed) collateral and digital asset transactions
6 years of experience participating in international industry wide working and advocacy groups such as ISLA
6 years of experience using Python and SQL to analyse business opportunities and scale processes

Responsibilities

Partner with stakeholders to successfully deliver initiatives for our business and clients
Work with leadership and other experts across the firm to develop product strategy and roadmap
Lead scoping and assessing the viability of initiatives, prioritization against resource constraints, and manage the alignment of initiatives across regional and global forums
Guide future product needs by building market-leading solutions for our clients ensuring scalability and process efficiency
Perform due diligence and brainstorm new ideas for initiatives
Coordinate initiatives from research to implementation, resolving issues to accelerate initiative delivery, and own partner engagement and awareness
Manage number of reports (may vary)

Skills

Key technologies and capabilities for this role

CFASAP Business ObjectsPythonSQLSecurities LendingESGUCITsBASEL Framework1940 ActERISA81-102ISLA

Questions & Answers

Common questions about this position

What is the salary range for the Vice President, Investment Product Development role in New York?

The salary range is USD$186,100.00 - USD$210,000.00, with eligibility for an annual discretionary bonus; total compensation varies based on role, location, firm, department, and individual performance.

Is this role remote or onsite, and what is the work model?

The role is based at 50 Hudson Yards, New York, NY 10001, and follows BlackRock’s hybrid work model designed to enable collaboration and flexibility.

What key skills and experience are required for this position?

Requires a Bachelor’s degree in Finance, Technology, Engineering, Mathematics, or related field, CFA Charterholder, and 6 years of experience in managing people and vendors in financial services, securities lending, SAP Business Object, global regulations, ESG guidelines, European markets, industry groups like ISLA, and Python/SQL.

What is BlackRock's company culture like for this role?

BlackRock’s hybrid work model enables a culture of collaboration and apprenticeship that enriches employee experience while supporting flexibility.

What benefits are offered with this position?

Benefits include a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents, Flexible Time Off (FTO), healthcare, leave benefits, and retirement benefits.

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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