What are the responsibilities and job description for the Vice President/Director, US iShares New Product Development position at blackrock?
About this role Job Purpose/Background Product Development is a key component of our strategy to maintain and grow our leadership position in the asset management industry. The team focuses on iShares ETFs across asset classes, engaging in strategic and commercial initiatives to drive business initiatives and expand and maintain the growing indexing product range. Development Value This is an opportunity to join a compelling and fast-growing segment within the asset management industry. This job will give the successful candidate an opportunity to play a critical role in product strategy, commercialization and range management, while interacting with many different teams across the organization (product research, product strategy, sales, marketing, risk management, index providers, investment strategy, portfolio management, amongst others). Key Responsibilities and Requirements The key responsibilities involve supporting US iShares product leadership in product innovation and development, range management, and strategic product priorities across our ETF and Index Fund ranges. This includes development of new fund launch strategies, supporting commercialization of growth segments, and managing US ETF product range enhancements. The successful candidate will be required to: Contribute to managing the innovation pipeline, partnering with internal operational and investment teams to drive prioritization of and engagement in new product launches and enhancements. Work in partnership with internal colleagues towards developing new product commercialization strategy and building the product pipeline by taking into consideration sales and client feedback, market data, as well as the broad competitor landscape Work with Sales teams to target the right client segments and scale new products Present in front of internal committees and Boards to request approval for new products and enhancements to existing products Contribute to strategic product management projects, such as regular range reviews and range enhancements to ensure that the product offering is always meeting client demand and offering a comprehensive breath of different investment tools Partner with BlackRock’s client facing teams, portfolio management, product research and product strategy to implement the product development agenda Knowledge/Experience Previous meaningful experience in the investment funds industry Prior experience in product development and product management Knowledge of index construction methodologies and terminology Excellent interpersonal skills, including written and presentation abilities Ability to work effectively in a collaborative environment Highly organized and able to manage to tight deadlines Strong proven project management skills and proactive approach to lead and drive projects and business priorities Ability to drive consensus and handle conflicting views and competing interests Commercial awareness and ability to understand client needs and ways to solve them Attention to detail and ability to pick up and digest new information quickly Degree in a quantitative field is an advantage 10 years financial services industry experience 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. 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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @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.
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