About this role
BlackRock takes a dynamic approach to alternative investments, creating investment vehicles designed to capitalize on evolving opportunities across markets. We offer clients strategies designed to provide attractive risk-adjusted returns in up and down markets, including private equity, real estate equity and debt, hedge fund solutions, single-strategy hedge funds, commodities and structured products. Our alternative investment capabilities are fully integrated into BlackRock, allowing investment teams to capitalize on the resources of a global firm in areas such as risk management, client service and operational support.
This Product Strategy (“PS”) role is for the Multi-Alternatives ("Multi-Alts") platform within BlackRock's Multi-Asset Strategies & Solutions ("MASS"). The Multi-Alts team designs and runs portfolios across a wide range of liquid and illiquid alternative investments, using BlackRock's investment capabilities and technology to deliver best in class solutions for clients. The Product Strategy role spans product strategy, marketing, and client service across Private Market Solutions within Multi-Alts.
The MASS team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of BlackRock's index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and pioneering alpha insights. MASS constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels.
Role Description, Responsibilities & Qualifications
The Private Markets Product Strategy team is accountable for growing and retaining client investments across two of the Multi-Alts investment pillars: Alternative Portfolio Solutions (APS) and Direct Private Opportunities (DPO):
- APS: runs portfolios of primarily private market alternatives via internal BlackRock investment teams, as well as external managers.
- DPO: constructs portfolios of direct, private market investments in specialty and emerging assets.
This Product Strategist role will focus on institutional clients and solutions on behalf of APS and DPO. The role will encompass client engagement, capital formation, product development and innovation. The role demands a high degree of collaboration with the Multi-Alternative investment teams, specialist alternative investment teams, regional client businesses and partner teams which support all facets of Multi-Alternatives.
Key Responsibilities:
- Help support business strategy for the EMEA region: working with current Multi-Alts PS and Investment leadership to implement and drive the strategic growth plan focused on institutional prospects, identifying new investment opportunities and areas of focus within the region.
- Relationship management and sales support: support existing institutional client relationships, as well as relationships with internal clients including BlackRock’s distribution teams.
- Business development: within the context of the regional business plan, identify new institutional business opportunities, support engagement with prospective investors to drive growth of the platform.
- Content/Marketing materials development: organize materials and coordinate logistics for meetings with institutional clients and prospects. Additional responsibilities include conducting research and developing written content and marketing materials in support of prospect development and client relationship management.
- Implementing solutions: project-management of the execution of structurally complex investment mandates, collaborating closely with partners across various functional teams (Legal, Compliance, Operations, etc.)
- Investment insight: support engagement with clients and prospective clients in substantive conversations related to portfolio allocations to marketable alternative investment strategies.
Skills/Qualifications:
- Robust knowledge of capital markets and marketable alternative investment strategies, direct alternatives experience
- 8+ years of experience in an investment-oriented role with a deep understanding of client segments and consultants, institutional client experience preferred
- Ability to creatively and proactively support capital raising activities and client relationship management for an institutional client base
- Strong verbal and interpersonal communication skills, experience in presenting to clients and prospective clients would be additive
- Language skills preferred, specifically German and/or Italian
- Strong work ethic and professional disposition
- Strong research and writing skills to clearly articulate sophisticated and complex concepts, ideas, and processes
- Demonstration of critical thinking to build regional business plans
- Strong problem-solving and analytical skills; strong organizational and project management skills
- Ability to work with senior leadership located across different global locations
- Strong project management skills, ability to meet deadlines and attention to detail
- Proficiency with Microsoft Word, PowerPoint and Excel and ability to develop familiarity and skill using proprietary technology.
- Unimpeachable integrity with an uncompromised reputation
- Able to accommodate travel
- CFA or CAIA additive
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
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 @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
