Director, Sr Product Manager

BlackRock

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 215000 - 275000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

About this role

Team Overview

BlackRock SMA Solutions helps clients customize portfolios for unique tax values-alignment or investment exposures across direct indexing fixed income active equity and multi-asset. We deliver world-class service to all of our clients from wealth advisors to family offices to endowments and foundations.

About the Role

With over $230B in client assets across direct index and active strategies SMA Solutions is a rapidly growing business within USWA (10% org growth rate). Our personalized portfolios utilize individual securities BlackRock Mutual Funds and iShares ETFs to customize diversify and tailor investment solutions to high net worth/ultra-high net worth and institutional clients.

We are seeking a highly experienced leader with deep expertise in the Separately Managed Accounts to lead the organization towards the next generation of BlackRocks SMA platform. The role combines deep knowledge of Aladdin technology with a broad knowledge of SMA products to provide BlackRock with an SMA platform that can be used for the needs of various clients.

Responsibilities:

  • Stand up and run complex projects/programs from zero to one: define program structure scope governance operating cadence and measurable outcomes; lean into ambiguity to create clarity and momentum.
  • Own topofhouse reporting & RAG governance: develop the single source of truth for executive stakeholders; maintain RAG status critical path risk/issue logs mitigations and dependencies across workstreams.
  • Program-level agile leadership: facilitate planning crossteam alignment and system/solution demos; use flow and quality metrics to inform decisions and forecast outcomes.
  • Business architecture & requirements: lean on various SMEs to connect investment trading compliance and operations workflows to product and technical epics; define feature priorities and acceptance criteria with a robust KPI framework.
  • Stakeholder alignment: build trusted partnerships across product engineering operations risk data and other partners across both SMA Solutions and Aladdin organizations; manage tradeoffs and negotiate scope to land value on schedule.
  • Change management at scale: prepare operating teams for adoption (process controls training) and ensure production readiness and runstate ownership.
  • Financials & capacity: align budgets forecasts and staffing plans; track burn vs. value ensuring investment is tied to quantifiable outcomes.
  • Continuous improvement: codify program standards templates and playbooks (artifacts cadences metrics) and roll them across SMA initiatives.

Qualifications:

  • 10 years in financial services leading crossfunctional programs at scale (product engineering) with direct experience in SMA technology Aladdin implementations and portfolio lifecycle (portfolio construction trading compliance posttrade).
  • Proven success standing up large ambiguous programs and converting strategy into incremental delivery across multiple teams.
  • Strong working knowledge of Aladdin (data structures workflows APIs) and Aladdin implementations for various clients.
  • Mastery of programlevel agile (PI planning metricsdriven delivery release planning scaled frameworks) and executivelevel reporting (RAG risks dependencies benefits)
  • Executive presence with excellent communication negotiation and stakeholder management skills; comfortable influencing at all levels.
  • Exceptional ability to influence without authority at all levels of corporate ranks.
  • Demonstrated success in building and delivering complex platform products in a matrixed organization
  • Experience working with engineering and design teams using Agile/Scrum methodologies.
  • Bachelors degree required; advanced degree (MBA CFA etc.) a plus.

For New York NY Only the salary range for this position is USD$215000.00 - USD$275000.00 . 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

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 well-being. 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: 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:

Director

About this roleTeam OverviewBlackRock SMA Solutions helps clients customize portfolios for unique tax values-alignment or investment exposures across direct indexing fixed income active equity and multi-asset. We deliver world-class service to all of our clients from wealth advisors to family office...
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Key Skills

  • Time Management
  • Data Analytics
  • Analytical
  • Agile
  • Requirement Gathering
  • Strategic thinking
  • Visio
  • Communication
  • Problem Solving
  • Market Research
  • UML
  • Cross Functional Teams

About Company

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BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.

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