Director, FIG Strategic Capital Solutions

BlackRock

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 210000 - 270000
Posted on: 4 hours ago
Vacancies: 1 Vacancy

Job Summary

About this role

Business Unit Overview:

BlackRocks Strategic Capital Solutions (SCS) group is responsible for developing structuring and executing strategic multi-dimensional partnerships with insurers in which BlackRock can drive stakeholder value via its industry leading asset management capabilities as well as capital solutions including capital from BlackRocks balance sheet capital and/or third party co-investor capital. Our solutions allow our insurance partners to successfully grow and benefit from access to BlackRocks leading asset management advisory and technology capabilities and capital.

Today BlackRock is the worlds largest third-party manager of insurance assets managing over $800 billion of invested assets across public and private fixed income equity and multi-asset investment strategies on behalf of over 400 plus insurance companies. The transactions and partnerships that SCS develop and execute are critical to further enhancing BlackRocks position as a leading manager of insurance assets catalyzing growth in BlackRocks private market platform and allowing our investor clients to participate in attractive investment opportunities.

The SCS groups primary activities are (1) working with insurers investment banks and advisors to develop structure and execute strategic insurance partnerships (2) analyzing the investment merits of the partnerships (3) working with institutional investors on co-investing into such transactions alongside BlackRock and (4) collaborating with internal BlackRock teams on how best to deliver the scale and capabilities of BlackRock to the partnership. The role requires a fundamental understanding of insurance business models and strategy creativity a solutions-orientation and the ability to work and execute complex transactions across internal and external organizations. Because the opportunities that the SCS group focus on are critical initiatives for our partners you will work with senior-level executives at our partners and within BlackRock.

The SCS team is seeking to add a Director to the team based in New York. The individual will be a key contributor to BlackRocks insurance platform success a subject matter expert and a people and thought leader in the insurance space. The individual will work closely with the rest of the team as well as other groups and leadership within BlackRock to drive strategic transactions that are transformative for our insurance client partners and advance BlackRocks own objectives.

Key responsibilities will include:

  • Drive execution of strategic relationships partnerships and investments with / in insurers that are aligned with BlackRocks long-term objectives by leveraging existing and building new senior-level relationships and synthesizing industry trends and observations to drive informed decision-making. This will include senior-level engagement with insurers corporate development finance and leadership teams portfolio managers at leading institutional investors and industry advisors including investments banks actuarial consultants and law firms

  • Lead collaborations with internal BlackRock teams in identifying and evaluating potential partnerships with insurers spanning across investment management advisory product development distribution and / or other commercial opportunities for BlackRock

  • Lead BlackRocks internal and external investment processes including commercial attractiveness transaction due diligence financial models and valuation analysis internal investment memos and legal documents review and negotiations

  • Establish and grow relationships with co-investors to coinvest into investments alongside BlackRock

  • Coordinate with key stakeholders (internal and external) as needed to quarterback projects and strategic transactions

  • Support and execute other high-leverage cross-functional initiatives that require a holistic understanding of insurance industry trends and BlackRocks platform.

Development Value:

  • Opportunity to solve complex problems via creative solutions and decision making

  • Experience in developing and driving a critical business pillar and transactions for the worlds largest and leading asset manager

  • Exposure to executive management at leading insurance companies pension plans sovereign wealth funds and investment firms and to senior leadership within BlackRock

  • Collaboration with business unit leaders within BlackRock

  • Development of strategic thinking / problem solving skills to develop transactions that are value generative for insurers investors and BlackRock

  • Potential development to broader responsibility and leadership roles within Strategic Capital Solutions team Strategy and/or broader FIG business.

Candidate Qualifications / Profile:

  • Bachelors degree with strong record of academic achievement

  • Minimum of 12 years of professional work experience ideally within investment banking advisory or in the life insurance or reinsurance sector; M&A corporate strategy and corporate development experience will be viewed favorably

  • Domain expertise in insurance and/or insurance asset management

  • Excellent problem-solving and communication skills; ability to distill complex ideas into clear and concise concepts

  • Industry relationships and the ability to be a self-starter and generate opportunities that align with the teams objectives on ones own initiative

  • Ability to lead a transaction process including investment approvals

  • Strong financial analysis communication and presentation skills

  • Project and people management skills including proven ability to manage multiple projects simultaneously

  • High attention to detail intellectual curiosity and motivation

  • Ability to build interpersonal relationships across teams and seniority levels

For New York NY Only the salary range for this position is USD$210000.00 - USD$270000.00 . 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 roleBusiness Unit Overview:BlackRocks Strategic Capital Solutions (SCS) group is responsible for developing structuring and executing strategic multi-dimensional partnerships with insurers in which BlackRock can drive stakeholder value via its industry leading asset management capabilitie...
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