VP, Portfolio Management Product Manager

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 this Role

We are looking for a Portfolio Management Product Manager within our Direct Indexing Equity team.

This role will lead business initiatives to scale processes and systems, improve efficiencies and reduce errors, focused on the Portfolio Management group. The candidate will bring a deep understanding of end-to-end investment management processes to drive our portfolio management systems forward.

The ideal candidate will be a structured thinker, one who possesses technical awareness and can support a fast-growing business. A strong team player is critical, as they will work creatively and collaboratively with colleagues across a wide range of departments. They will bring excellent technical skills, an intellectual curiosity, and a “get the job done” mentality.

Key Responsibilities:

•    Lead strategic initiatives by collaborating closely with stakeholders and end-users, driving innovation, customization, and efficiency within Direct Index Equity portfolio management.

•    Project Management

• Act as the central point of contact between business users and development teams for both new and existing portfolio management systems.
• Ability to synthesize requirements that balance objectives with resource constraints, deadlines and the demands of a live trading environment.
• Own the project governance including communication of status and management for associated projects.
• Drive adoption of new features and changes to the portfolio management system by working closely with end users, engineers and testers.

•    Business Analysis

• Document current state processes, perform gap analysis, and guide future state process design to enable scalable growth.
• With a focus on user experience and workflow, capture business requirements and translate and prioritize them into system requirements for developers and testers.
• Provide support to business users by investigating time sensitive issues with an ability to triage and prioritize conflicting demands.

Requirements:

• 5-8 years of direct relevant experience supporting and driving change with portfolio management teams. 
• Bachelor’s degree in finance, economics, computer science, engineering or a comparable field, or equivalent professional experience demonstrating similar competencies.
• Experience working in equity SMAs.
• Experience working with systems developers on custom software, preferably in an agile environment.
• Strong organizational navigation skills with the ability to build and maintain relationships across all levels.
• Demonstrated project management prowess with a track record of delivering results and the ability to present complex ideas effectively.
• Proven ability to work autonomously as well as collaboratively within a dynamic team setting.
• Self-motivated with the capacity to navigate ambiguity and take initiative in uncertain situations.
• A relentless focus on precision and accuracy in all aspects of work.
• Experience with databases and writing SQL queries.

 

For San Francisco, CA Only the salary range for this position is USD$162,500.00 - USD$215,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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

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.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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 : $162,500 - $215,000