Vice President, Model Portfolio Solutions (MPS) Model Portfolio Strategist, Mult
BLACK ROCK FINANCIAL LTD, San Francisco, CA, United States
About this role
This role will be a key member of the BlackRock Multi-Asset Strategies & Solutions – Model Portfolio Solutions Strategist team. The team works alongside Portfolio Managers and focuses on commercializing model portfolios for Financial Advisors and their clients.
The widespread adoption of Model Portfolios is one of the most significant evolutions in the Wealth Management industry over the last decade! As the industry drives towards greater simplicity, clarity, cost efficiency, and goals-based financial planning, the Model Portfolio Solutions Business (MPS) is uniquely positioned to support advisors and accelerate the adoption of model portfolios. Through the MPS franchise, advisors can tap into BlackRock’s industry leading model portfolio investment framework to access a range of solutions to meet their clients unique needs and investment objectives.
Deliver An Excellent Client And Sales Experience
In close partnership with USWA Market Teams, deliver the MPS value proposition to clients – articulate market views and insights, provide in depth overviews of investment capabilities and portfolio positioning, provide thought leadership on asset allocation and portfolio construction
Lead new business engagements and support existing client relationships by delivering BlackRock’s best thinking on an ongoing basis via virtual updates and in-person meetings as needed.
Build strong relationships with sales, distribution partners and advisory clients to deliver commercial results aligned with business objectives.
Work cross-functionally with multiple partner teams to deliver BlackRock models “surround sound” on an ongoing basis. Close partnerships include marketing, communications, technology, legal, and compliance teams
Serve as an Extension of Portfolio Managers and Research Analysts
Work closely with model portfolio managers and research analysts, bringing to bear their systematic investment and market insights
Deliver PM insights across a variety of mediums – including written, audio, video – for both internal and external audiences
Provide client feedback to PM team on an ongoing basis
Manage Projects To Drive Growth And Scale The Business
Support critical initiatives to scale the Models business and its integration across MASS and other parts of the firm, including but not limited to client-facing market leaders, Models Infrastructure, MASS Core PM, and Aladdin Wealth Tech.
Think creatively about ways to improve the Models operating model and deliver on automation and scale-oriented projects to support the business’s growth objectives and risk mitigation.
Support all aspects of the day-to-day operating procedures in partnership with Core PM and Models Infrastructure to support business needs.
Lead new product development initiatives in projects with partners in sales, marketing, communications, product strategy and other teams
Qualifications / Skills
BA/BS required. Advanced Degree / CFA / CAIA / CFP, or progress towards, is strongly preferred
A minimum of 4 years investment or asset management experience
Client facing experience in asset or wealth management
Combination of investment, analytical, technical and client skills
Student of the market with fluid understanding of financial markets, portfolio construction and analysis
Entrepreneurial with a sense of ownership and keen sense to build a business
Strong organizational skills with attention to detail and process
Collegial attitude and eagerness to partner with numerous teams across MASS and the broader firm
For San Francisco, CA and New York, NY Only the salary range for this position is USD$150,000.00 - USD$200,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
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 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.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. We are committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy. 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.
Job Requisition #: R263290
#J-18808-Ljbffr
The widespread adoption of Model Portfolios is one of the most significant evolutions in the Wealth Management industry over the last decade! As the industry drives towards greater simplicity, clarity, cost efficiency, and goals-based financial planning, the Model Portfolio Solutions Business (MPS) is uniquely positioned to support advisors and accelerate the adoption of model portfolios. Through the MPS franchise, advisors can tap into BlackRock’s industry leading model portfolio investment framework to access a range of solutions to meet their clients unique needs and investment objectives.
Deliver An Excellent Client And Sales Experience
In close partnership with USWA Market Teams, deliver the MPS value proposition to clients – articulate market views and insights, provide in depth overviews of investment capabilities and portfolio positioning, provide thought leadership on asset allocation and portfolio construction
Lead new business engagements and support existing client relationships by delivering BlackRock’s best thinking on an ongoing basis via virtual updates and in-person meetings as needed.
Build strong relationships with sales, distribution partners and advisory clients to deliver commercial results aligned with business objectives.
Work cross-functionally with multiple partner teams to deliver BlackRock models “surround sound” on an ongoing basis. Close partnerships include marketing, communications, technology, legal, and compliance teams
Serve as an Extension of Portfolio Managers and Research Analysts
Work closely with model portfolio managers and research analysts, bringing to bear their systematic investment and market insights
Deliver PM insights across a variety of mediums – including written, audio, video – for both internal and external audiences
Provide client feedback to PM team on an ongoing basis
Manage Projects To Drive Growth And Scale The Business
Support critical initiatives to scale the Models business and its integration across MASS and other parts of the firm, including but not limited to client-facing market leaders, Models Infrastructure, MASS Core PM, and Aladdin Wealth Tech.
Think creatively about ways to improve the Models operating model and deliver on automation and scale-oriented projects to support the business’s growth objectives and risk mitigation.
Support all aspects of the day-to-day operating procedures in partnership with Core PM and Models Infrastructure to support business needs.
Lead new product development initiatives in projects with partners in sales, marketing, communications, product strategy and other teams
Qualifications / Skills
BA/BS required. Advanced Degree / CFA / CAIA / CFP, or progress towards, is strongly preferred
A minimum of 4 years investment or asset management experience
Client facing experience in asset or wealth management
Combination of investment, analytical, technical and client skills
Student of the market with fluid understanding of financial markets, portfolio construction and analysis
Entrepreneurial with a sense of ownership and keen sense to build a business
Strong organizational skills with attention to detail and process
Collegial attitude and eagerness to partner with numerous teams across MASS and the broader firm
For San Francisco, CA and New York, NY Only the salary range for this position is USD$150,000.00 - USD$200,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
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 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.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. We are committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy. 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.
Job Requisition #: R263290
#J-18808-Ljbffr