Global Head of Product Strategy Private Market Solutions - Managing Director
Global Head of Product Strategy Private Market Solutions - Managing Director
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 270000 - 350000
1 Vacancy
Job Description
About this role
BlackRock is the worlds largest asset manager providing global investment management services with AUM of over $10 trillion. BlackRocks Private Markets and Alternatives platform is a major growth engine for the firm. It represents over $300 billion of AUM across various investment capabilities including private equity private real estate private infrastructure private credit and hedge fund strategies.
BlackRocks MultiAlternatives (MultiAlts) team sits within the broader MultiAsset Strategies & Solutions (MASS) Group. The MASS team is the investment group at the heart of BlackRocks portfolio construction asset allocation and active management ecosystem. MASS draws on the full toolkit of BlackRocks index factor and alphaseeking investment capabilities to deliver precise investment outcomes and groundbreaking 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.
BlackRocks MultiAlternatives (MultiAlts) team sits at the heart of BlackRocks Alternative platform collaborating across investment teams and capabilities. The mission of MultiAlts is to craft commingled and customized vehicles that take advantage of changing market opportunities by using the full breadth of the firms capabilities.
Position Overview:
We are seeking a candidate to lead the global product strategy function for private market solutions with MultiAlts. Bringing together the firms private market capabilities and external GPs to build solutions for clients across the private market spectrum. This includes supporting clients with performance goals deployment liquidity management and other features.
This critical leadership role strives to create large new revenue streams at the forefront of the Democratization of Private Markets. BlackRock is at the forefront of this trend evidenced by significant acquisitions across private market franchises and technology. With a broader client base than many pureplay alternatives competitors and a reputation as a fiduciary solutions leader and risk manager BlackRock is uniquely positioned to lead in this space.
Key Responsibilities:
- Ownership of ambitious revenue targets and the strategy/ to achieve them including new regions client types and pooled vehicles.
- Direct oversight and engagement with the largest and most complex client relationships.
- Leadership of key senior channel relationships and alignment to create and implement joint client engagement.
- Leadership of a growing team developing clientfacing investment talent.
- Advocacy for resources and firmwide focus on this business linked to revenue growth in collaboration with the Head of MultiAlternatives within MASS.
- Fostering strong relationships with downstream alts teams at BlackRock ensuring tight commercial alignment with product strategy leads.
- This role includes membership in MASS and MultiAlternatives leadership forums.
- This individual will report directly to the Head of MultiAlternatives MASS.
Skills and Experience:
- At least 15 years of working experience in a product strategy fundraising and investor relations role.
- Strong investment experience in Private Markets with the ability to engage credibly with clientside alts specialists and maintain multiyear relationships with senior clientside stakeholders in alternatives.
- Proven experience in driving commercial outcomes with clients preferably generating material new revenue through the mobilization of sales teams.
- Demonstrated excellence in the Strategist function including superb commercial client service outcomes and talent development.
- Deep experience and understanding of global Investment markets for Private Markets preferably Wealth FOFE and Defined Benefit client segments. US experience valued.
- Strategic acumen linked to implementation/ with a proven ability to drive revenue from new markets/business lines.
- Solutions sales mentality/experience in addition to investor relations and product .
- Ability to navigate the firm and drive corporate outcomes such as product development and securing seed/capital.
- Outstanding people leadership and culturebuilding skills encouraging a highenergy highachievement culture balanced with respect and warmth.
- Structuring experience is useful but not essential.
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
BlackRocks 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 wellbeing. Our clients and the people they serve are saving for retirement paying for their childrens 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. Its why were 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/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 theEEOCs Know Your Rights poster and its supplementand thepay 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 . All requests are treated in line with our.
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.Required Experience:
Exec
Employment Type
Full-Time
