Vice President, Product Strategy, Alternative Solutions Group

Job Description

Description

About this role

BlackRock offers access to a spectrum of alternative investments amounting to over US $315 billion of assets, including hedge funds, private equity, private credit, real estate and infrastructure, which are organized under BlackRock Alternative Investors (BAI). The Alternative Solutions Group (ASG) within BAI currently manages approximately $10 billion of assets across opportunistic and diversified portfolios of alternative investments for institutional clients. The team is focused on bringing together all areas of the private markets to execute on the best outcome-oriented portfolio solution.

Alternative Solutions Product Strategy is responsible for connecting clients and prospects to BlackRock’s private markets investment process, and transparency to each portfolio management team’s autonomous views and underlying investment decisions. Critical to the success of the Product Strategy function is the maintenance of strong relationships with the sales force, portfolio managers, legal and compliance, and other internal groups who are responsible for managing and developing BlackRock’s client and consultant relationships. Product Strategists are typically the client facing member of the team while also driving product development, thought leadership, and the creation of marketing and portfolio collateral.

Key priorities for this position:

• Product Development
• Business Planning and Management
• Fundraising and Marketing
• Client Engagement / Client Service

Your responsibilities will include the following:

• Coordinate closely with sales, operations and legal teams to develop new products, including the drafting of internal approval documents, term sheets and oversight of fund documents
• Serving as a point of contact for internal stakeholders across sales, legal, operations and accounting for all client-related matters
• Coordinating closely with Portfolio Managers, Research and Operations for all prospect- and client-related matters
• Developing and maintaining marketing and sales collateral
• Maintaining client relationships and client service related to all ASG funds and accounts, including all calls, meetings and long-term engagement plans
• Continuing active dialogue with existing/prospective clients to ensure a high level of communication around investments and considering changes to ongoing portfolio management
• Presenting ASG’s investment views to a wide range of internal and external audiences
• Manage the sales process with help from dedicated project management team from first meeting through client onboarding
• Set agendas for all client and prospect meetings and due diligence and oversee those meetings
• Oversee client reporting
• Remain on top of the competitive landscape, and understand ASG’s competitive positioning, pricing, strategy, unique selling proposition, etc.

Skills & Qualifications:

• 6-8+ years of investment experience or prior client service expertise
• Superior ability to synthesize complex information and convey it in a clear, concise, engaging way.
• Strong analytical skillset with high level of intellectual curiosity to drive differentiated insights.
• Extremely strong verbal and written communication skills,
• Experience and success in working with large, multi-strategy and multi-channel distribution platforms
• Able to quickly build trust and credibility within a complex and driven organization.
• Team-oriented. Enthusiasm and commitment to working in a friendly, entrepreneurial, team environment
• Strong presentation as well as strong oral and written communication skills
• Fiduciary mindset
• Results driven with a high level of attention to detail
• Experience with product development, including the drafting and review of business term sheets, fund legal documents is preferred
• Strong academic credentials. Undergraduate degree is required; MBA and/or other advanced degree is helpful

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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | 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.