What are the responsibilities and job description for the Managing Director, Head of Implementations, Outsourced Platform Services position at blackrock?
About this role
Are you a highly motivated professional looking to elevate your career by joining the world's largest asset manager? Would you thrive in an environment that fosters positive relationships and recognizes outstanding performance, working with both internal partners and clients? We know how important it is to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success. With over $11 trillion of assets, we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, and improve their financial well-being.
In addition to helping our clients achieve a better financial outcome as an asset
manager, BlackRock is an established FinTech with Aladdin® being used by some of the largest institutions and investors in the world. We provide comprehensive investment operations and accounting software and services including financial and regulatory reporting. By deploying Aladdin®, accounting services are offered as a coordinated solution alongside Aladdin’s powerful capabilities to financial institutions globally.
Job Purpose / Background
Outsourced Platform Services (OPS) provides middle office, accounting, and regulatory data services to clients who have outsourced their operations and/or accounting function to BlackRock. OPS is currently embarked on an exciting program of work to develop our accounting operating platform and to extend asset class coverage. As our business has expanded, we have a requirement for strong implementation skills and operations/accounting knowledge to continue to extend our depth.
OPS is seeking a Managing Director to become part of a team that will embrace your skills, eagerness, and passion while giving you the freedom to grow professionally. The successful candidate will be responsible for overseeing key functions of our client support model to implement new business onto our platform. The role will focus on developing investment process solutions for new and existing clients alike, and be responsible for bringing together the capabilities of other parts of the BlackRock organization as required.
Key Responsibilities
- Develop a thorough knowledge of BlackRock’s capabilities, products and services for Operations and Investment Accounting clients.
- Develop project plans for client implementations with measurable goals, driving consensus and communicating to partners and management throughout.
- Improve our ability to scale implementation efforts to ensure we can support multiple ongoing efforts concurrently, given our projected sales targets.
- Engage and maintain relationships with key partners across the firm to support business growth, implementation of new clients, and client retention.
- Represent OPS on cross-functional projects and working groups in support of delivering key business and client objectives.
- Ensure alignment of additional services with our Operations and Investment Accounting offering but supporting proper product integration in partnership with colleagues across the firm.
About You
- 15 years of experience in financial services, familiarity with insurance clients a plus.
- Solid working knowledge in US GAAP and/or Statutory accounting for investments, including securities, alternatives, mortgage loans, and derivatives.
- Strong organizational leadership experience bringing together teams to achieve business goals.
- A pro-active interest in keeping up to date with industry, accounting standards and client product changes.
- Adept at effective communication and forming strong relationships with clients and internal partners.
- Ability to multi-task and balance multiple requests without losing sight of overall business objectives and delivery requirements.
- Ability to leverage new technology to benefit partners.
- Understanding of cost drivers and ability to create formal work proposals to external clients.
- Ability to stand up and refine new teams to best leverage strengths and organize around business objectives.
- Proven track record empowering experienced professionals to drive career opportunities to ensure that subordinate team members are supported within their careers.
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 Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
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 : $225,000 - $350,000
