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Multi-Asset Strategy & Solutions (MASS) - Vice President / Director, Retirement Solutions Product Strategy

BlackRock
New York, United States
Posted about 22 hours ago Permanent Competitive
Multi-Asset Strategy & Solutions (MASS) - Vice President / Director, Retirement Solutions Product Strategy
Description

About this role

With over half of the assets we manage related to retirement - BlackRock understands that our firm has a special responsibility in pioneering a better retirement for all. BlackRock's Retirement Solutions (RS) team sits within BlackRock's Multi-Asset Strategies & Solutions (MASS) group, the investment group at the heart of BlackRock's portfolio construction, asset allocation and active management ecosystem. Our team is the engine that serves our global retirement business as the center of lifecycle investing, bringing together expertise in strategy, research, portfolio management and technology.

Our flagship product, LifePath, was the industry's first target date fund (TDF) invented in 1993. LifePath seeks to be a comprehensive retirement solution for individuals seeking a sophisticated and professional way to invest that remains simple to understand and use. LifePath is available in 9 countries in a variety of implementations including index, active, sustainable, model-based, and custom solutions tailored to the unique needs of individual companies. The global LifePath franchise totaled $435 billion in assets across nine different countries as of 31 December 2021. BlackRock is trusted with the target date assets for 24 of the Fortune 100 companies, more than any other TDF provider. Furthering our culture of innovation, we recently announced our plan to launch LifePath Paycheck, an innovative retirement income solution, the next evolution of our LifePath franchise.

The Product Strategy team sets the commercial strategy for the Retirement Solutions business and represents our investment capabilities to internal and external clients including institutional investors, investment consultants, recordkeepers, and advisors. The team is responsible for driving the commercial success of the LifePath product suite in collaboration with global distribution partners.

Role Description & Responsibilities
The Retirement Solutions Product Strategy team is looking for a motivated individual who will help position the global LifePath platform to generate robust, long-term growth. This person will play a key role in driving the commercialization of our lifecycle and decumulation strategy, as well as providing retirement and investment insights and analysis to our clients and prospects. Additionally, the role provides opportunity to set business-level strategy, drive large, cross-functional initiatives, and ensure strong connectivity across the platform to deliver on the firm's strategic agenda for Retirement Solutions. The senior strategist will partner closely with our research, portfolio management, distribution, and marketing teams to ensure our clients are serviced at the highest level.

To be successful, the candidate needs to be a self-starting leader who can balance independent action with close partnership across multiple parties. The candidate must be able to assist in the development of sales strategy and help to lead commercial success for the LifePath platform while simultaneously handling complex projects and activities across a global, matrixed business.

Responsibilities will include:
• Contribute positively to our culture, including sponsoring talent strategy and supporting diversity, equity, and inclusion
• Develop a deep understanding of the LifePath team's philosophy, investment process, positioning, and products to provide in-depth expertise and drive improvements and messaging
• Drive business growth across the LifePath product suite in conjunction with our sales partners. Travel regularly across the United States to meet with clients, prospects, and/or intermediaries to explain the investment philosophy, process, and performance of multiple strategies
• Assist in the creation and maintenance of product marketing materials, client presentations and customized analyses that articulate strategy objectives, performance, and competitive advantages
• Advise clients on all aspects of portfolio strategy including research, trading, portfolio analytics, performance reporting, ESG data and integration, transitions and securities lending
• Research industry and competitor landscape to drive product development and influence competitive positioning and sales narratives
• Contribute to thought leadership efforts to ensure content agenda reflects client needs

Skills & Qualifications
• 8+ years of financial services experience, preferably in a client service/business development role
• Ability to clearly articulate sophisticated investment concepts and ideas, both written and oral, to a broad range of audiences across varying levels of seniority and sophistication
• Track record of raising capital and/or a history of delivering compelling presentations to new business
• Ability to work effectively at all levels of an organization and build strong relationships with team members, managers, partner teams, and senior executives in multiple offices
• Interest and skill in improving existing processes and building scale and automation
• Series 7 & 63 and insurance license to be acquired within 6 months of hire



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.

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.

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 ID  R221796
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