Associate, Global Product Group - Institutional Product Development Associate, Global Product Group - Institutional  …

BlackRock
in San Francisco, CA, United States
Permanent, Full time
Be the first to apply
Not Specified
BlackRock
in San Francisco, CA, United States
Permanent, Full time
Be the first to apply
Not Specified
About this role The mission of the Global Product Group (GPG) is to bring even greater innovation, discipline, and focus to BlackRock’s investment product line by better aligning client businesses, investment businesses, and corporate functions in the design and execution of product strategy. GPG oversees

About this role

The mission of the Global Product Group (GPG) is to bring even greater innovation, discipline, and focus to BlackRock’s investment product line by better aligning client businesses, investment businesses, and corporate functions in the design and execution of product strategy. GPG oversees the product management process, including strategy, design & development, structuring, and governance. In addition, the Global Product Group partners with our client businesses globally to ensure consistency in our product campaigns and messaging.

The Institutional Product Development team within GPG is responsible for product development across our Hedge Fund, Collective Trust Funds (“CTF”) and Canadian Pooled Funds enabling growth and innovation, discipline and focus across BlackRock’s investment product line. We partner closely with Product Strategy, Client Business and Corporate Functions to drive opportunities through to funding and across product lifecycle events. The comparatively small size of the team offers the opportunity to assume significant responsibility as team members work closely with senior investment product professionals across all functions and interface with other BlackRock teams.

In addition to product development, the team continuously works to increase efficiencies, streamline, centralize and quality-control information delivered to clients, prospects and investment management consultants across our Hedge Fund platform.

Key responsibilities include:

  • Product management and oversight of the fund lifecycle of Cayman, Collective Trust Funds and Canadian Pooled Funds (“Funds”):  launching of new funds, changes to existing funds and fund closures
  • Acquire and maintain a thorough understanding of BlackRock’s processes, operating environment and investment products.  Ability to communicate unique requirements of our Funds to business partners
  • Project management:  drive initiatives to streamline processes and increase efficiencies including fund performance reporting, due diligence questionnaires, etc.
  • Fulfill ad hoc data and reporting requests from internal and external parties
  • Review, understand and have the ability to discuss governing documents, including side letters
  • Assist with day-to-day contact with clients, facilitating their requirements and coordinating internal support where required
  • Effectively educate ICB on business operations and regulatory requirements related to our Funds
  • Work with third-part database and risk aggregator providers – including HFR, HFM, Bloomberg, RiskMetrics, etc.
  • Coordinate and communicate Fund product changes
  • Overseeing internal estimates and regional hedge fund factsheets
  • Quarterly update of firm level Hedge Fund DDQ responses
  • Semi-annual update of Hedge Fund product inventory and “cheat sheet”

What we look for:

  • Results-oriented self-starter focused on execution with ambitious work ethic and professional disposition
  • Passionate about problem-solving and continuous learning.  Able to imagine the first step towards solving a business challenge and to quickly pivot to a different approach if warranted.  Willing and able to learn new toolsets and approaches as business needs change
  • Strong team player who takes a collaborative approach to tasks, but is also comfortable working independently
  • Organized and detail-oriented, with the ability to prioritize effectively, multi-task quickly and efficiently, adapt to new situations in a fast-paced environment and follow-through on medium to long-term projects
  • We thrive in analytical and collaborative settings and are looking for a team member to work with us and our BlackRock partners to provide essential infrastructure support across BlackRock’s global hedge fund, collective trust fund, and Canadian pooled fund platforms
  • Ability to build relationships and work with all levels of personnel within BlackRock, including investment teams, global sales teams, marketing, operations, risk, legal and compliance, etc.

Skills and requirements:

  • BA/BS required
  • 2+ years of work experience, preferably in financial services
  • Demonstrated project management skills
  • Proficient in MS Office tools

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2019, the firm managed approximately $6.84 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock.

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.

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.



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