Vice President, GPS Institutional Product Development- LifePath Paycheck

About this role

Global Product Solutions (GPS) is at the forefront of shaping BlackRock’s investment platform. We design, innovate, and deliver the full spectrum of investment solutions—spanning active and index strategies, across every product vehicle—to help clients achieve their most important financial outcomes. As part of GPS, you will contribute directly to the next chapter of growth for our platform and the firm, while collaborating with teams across the globe.

The Americas Product Development and Governance team within GPS is responsible for product management and development of BlackRock’s Collective Investment Funds, Canada Pooled Funds, active ETFs, and US mutual funds. We partner closely with investment teams, client businesses, and corporate functions across product lifecycle events.  This role is a VP-level hire based in San Francisco focused on our US retirement fund ranges (including LifePath Paycheck, BlackRock’s retirement income fund offering). 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 assets classes and interface with other BlackRock teams.

Key responsibilities include:

• Drive the success of BlackRock’s US retirement products by developing consistent operating process and maintaining effective control environments for new products

• Own oversight for strategically important product ranges (e.g., LifePath Paycheck)

• Communicate unique requirements of our funds to business partners

• Collaborate with client and investment teams on product innovation and changes to existing products

• Build consensus across internal stakeholders

• Identify, evaluate, and tackle potential obstacles and risks

• Advise on structuring and oversee creation of legal documents

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

• Willing and able to learn new toolsets and approaches as business needs change

• A standout colleague who takes a collaborative approach to tasks, but is also comfortable working independently

• Organized and precise, with the ability to prioritize effectively, multi-task quickly and efficiently adapts to new situations in a fast-paced environment

• Thrives in analytical and collaborative settings and can provide product oversight and solution-oriented outcomes across BlackRock’s US retirement product platform

• 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

• 6+ years of work experience

• Demonstrated ability to drive complex projects to completion

• Familiarity with investment product development, commingled fund structures, retirement investing, or insurers is preferred

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.

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 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. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

 

BlackRock is 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 [email protected]. All requests are treated in line with our privacy policy.

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.