Associate, Custom Models Solutions (CMS) High Net Worth Product Strategy, Multi-Asset Strategies & Solutions (MASS)

About this role

This role will be a key member of the BlackRock Multi-Asset Strategies & Solutions – Custom Models Solutions (CMS) team, supporting the High-Net-Worth (HNW) Pillar. The team works alongside CMS Client Portfolio Managers and focuses on commercializing BlackRock’s suite of HNW solutions through custom model portfolios.

The widespread adoption of Model Portfolios is one of the most significant evolutions in the Wealth Management industry over the last decade!  As the industry drives towards greater simplicity, clarity, cost efficiency, and goals-based financial planning, the CMS Business is uniquely positioned to support advisors and accelerate the adoption of model portfolios. Through CMS, BlackRock is driving the industry’s model portfolio innovation with the integration of direct indexing, private markets, options overlay strategies, and other separately managed accounts into its asset allocation framework. Advisors can tap into BlackRock’s industry leading model portfolio investment framework to build a differentiated suite of custom model portfolios tailored to the needs of their business.

This role is an opportunity to join a high growth, multi-billion-dollar business and a dynamic team in a fast-evolving market with a specific focus on this budding innovation. It will require a strong combination of project management, investment, and client interpersonal skills.

As a member of the CMS HNW Pillar, you will be encouraged to:

Manage projects and scale the business:

• Support critical initiatives scaling the new CMS HNW business and its integration across MASS, USWA, Models Infrastructure, MASS PM, and partner investment teams.

• Think strategically and evaluate relevant trends in the asset management and financial advisory industries to help steer HNW model innovation.

• Manage the ongoing pipeline of HNW opportunities among existing and prospective CMS clients, driving accountability for commercial activation.

• Leverage AI to address areas of business inefficiency and drive more repeatable, scalable, and impactful outcomes for clients.

• Become a subject matter expert on select HNW solutions and go-to resource for Model Strategists and CMS Client PMs.

• Represent the HNW Pillar in joint projects with sales, marketing, and product strategy.

• Support all aspects of CMS day-to-day operations in partnership with MASS Core PM and Models Infrastructure.

Support clients and sales

• Partner in all areas of business innovation and cement the CMS HNW Pillar as a center of excellence for scaling delivery and implementation of HNW solutions through model portfolios.

• Partner with USWA on prospect conversion, maintaining a clear understanding of timing, flows, and knowledge gaps to close business.

• In close partnership with USWA and GPS, deliver the CMS value proposition to clients, positioning resources, capabilities, and services to meet demand.

• Support existing client relationships and new business engagements by delivering BlackRock’s best thinking on an ongoing basis via conference calls and in-person meetings.

• Help build strong relationships with sales, distribution, and 3rd party partners to build the HNW Pillar brand and deliver commercial results aligned with business objectives.

Qualifications/Skills

• BA/BS required. Advanced Degree / CFA / CAIA / CFP, or progress towards, is strongly preferred

• A minimum 3 years investment or asset management experience

• Impeccable organizational skills with robust attention to detail and process

• Entrepreneurial with a sense of ownership and keen sense to build a business

• Proactive project management and an ability to manage projects from inception to close

• Student of the market with strong grasp of financial markets, portfolio construction and analysis

• Collegial attitude and eagerness to partner with numerous teams across MASS and broader BlackRock

For Atlanta, GA Only the salary range for this position is USD$100,000.00 - USD$135,000.00 . 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

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 [email protected]. 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.