What are the responsibilities and job description for the Business Management & Strategy, VP position at BlackRock?
About This Role
About our team
The Aladdin Wealth Tech team partners with wealth management clients to help them oversee their enterprise risk, build better portfolios, and enhance their value proposition to end customers. This is achieved by leveraging risk analytics - powered by Aladdin® - to equip wealth management firms with model construction capabilities, risk monitoring tools, and portfolio construction & analytics.
The Aladdin Wealth Tech team is part of the wider Aladdin business. Aladdin is uniquely positioned to address the industry’s risk management; portfolio construction and financial technology demands. This will be an exciting opportunity for someone interested in Technology who is looking to learn about the Wealth Management industry and gain experience working with clients. Aladdin Wealth Tech is comprised of Product and Engineering teams working closely and alongside the Implementation Delivery and Client teams.
Job Description
As a Business Management & Strategy Vice President, you will work closely with the Aladdin Wealth Tech COO and other leadership to support the day-to-day business operations of the group. As part of this role, you will collaborate with Aladdin COO, FP&A, Billing, L&C, RQA and other internal partners across functions to meet both short-term and long-term objectives. A main focus of this role will be to gain an understanding of business and financial objectives, risks, controls, and build comprehensive financial models and budgeting plans for senior management consumption. Additionally, you will represent AWT in key internal and external relationships and help manage and execute on core business processes to ensure business alignment with set policies and objectives. Successful Business Managers are inquisitive, handle ambiguity well, and lead multiple deliverables in a fast-paced environment. They also have a high level of self-motivation, and are able to own and drive things forward, capturing feedback and identifying ways to do things better along the way.
Key Responsibilities
You have…
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 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.
About our team
The Aladdin Wealth Tech team partners with wealth management clients to help them oversee their enterprise risk, build better portfolios, and enhance their value proposition to end customers. This is achieved by leveraging risk analytics - powered by Aladdin® - to equip wealth management firms with model construction capabilities, risk monitoring tools, and portfolio construction & analytics.
The Aladdin Wealth Tech team is part of the wider Aladdin business. Aladdin is uniquely positioned to address the industry’s risk management; portfolio construction and financial technology demands. This will be an exciting opportunity for someone interested in Technology who is looking to learn about the Wealth Management industry and gain experience working with clients. Aladdin Wealth Tech is comprised of Product and Engineering teams working closely and alongside the Implementation Delivery and Client teams.
Job Description
As a Business Management & Strategy Vice President, you will work closely with the Aladdin Wealth Tech COO and other leadership to support the day-to-day business operations of the group. As part of this role, you will collaborate with Aladdin COO, FP&A, Billing, L&C, RQA and other internal partners across functions to meet both short-term and long-term objectives. A main focus of this role will be to gain an understanding of business and financial objectives, risks, controls, and build comprehensive financial models and budgeting plans for senior management consumption. Additionally, you will represent AWT in key internal and external relationships and help manage and execute on core business processes to ensure business alignment with set policies and objectives. Successful Business Managers are inquisitive, handle ambiguity well, and lead multiple deliverables in a fast-paced environment. They also have a high level of self-motivation, and are able to own and drive things forward, capturing feedback and identifying ways to do things better along the way.
Key Responsibilities
- Lead the creation and management of sophisticated financial models to provide accurate and timely insights into business performance and support more robust long-term planning.
- Conduct in depth analysis of financial results highlighting key drivers and present findings in a clear and concise manner appropriate for senior leadership.
- Partner with business managers and leaders to coordinate budgets, forecasts and provide guidance and support in tracking and controlling expenses throughout the year, finding opportunities to optimize costs and drive strategy.
- Monitor key performance indicators and identify trends, risks, and opportunities to provide actionable recommendations to management as it relates to business management.
- Lead contract management activities for new and existing clients to ensure alignment with guidelines.
- Lead risk and compliance execution, including business continuity planning, business-related audit management, and policy creation.
- Ensure appropriate policies and procedures are in place while reviewing the adequacy of business process and adherence to agreed methodologies.
- Identify operational improvement opportunities, contribute to the implementation of standard processes and engage in firm-wide strategic projects.
- Lead initiatives and projects to drive scale and help inform strategic direction of the business"
You have…
- Experience in Finance, Accounting or a related field.
- 5-10 years of experience in business management or finance within the financial services industry.
- Expertise in project management with strong ability to meet quick deadlines.
- Expertise in financial modeling, forecasting, budgeting with a strong understanding of financial statements and metrics.
- Advanced Excel skills with ability to produce robust Excel models (forecasting, sensitivity analysis, data synthetization) and the ability to explain those models to a variety of partners.
- Advanced PowerPoint skills with the ability to synthesize key findings and produce presentations for senior audiences.
- Effective prioritization of multiple tasks and willingness to take on additional responsibility.
- Interest in working in an entrepreneurial, fast paced environment.
- Prior experience working with senior management a plus.
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 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.
Salary : $137,500 - $170,000
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