Director, Institutional - Defined Contribution Plans - ENGINEERINGUK : Job Details

You will need to login before you can apply for a job.

Employer: BlackRockLocation: New York, Massachusetts, United States of AmericaSalary: CompetitiveClosing date: 8 Mar 2025

About this roleBlackRock Overview:BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. As of December 31, 2024, BlackRock's AUM was $10+ trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares (exchange-traded funds), and other pooled investment vehicles across public and private markets. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions. As of year-end 2024, the firm had approximately 20,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.Business Unit Overview:The Americas Institutional Businesses (AIB) is responsible for developing and maintaining relationships with sophisticated institutional investors. Across the US, Canada and LatAm, AIB is focused on helping defined contribution (DC) plans, pensions, universities, non-profits, family offices, healthcare systems and other institutional investors meet their financial goals and serve their constituents and communities. We are comprised of teams of professionals with expertise spanning many functions working together to meet the unique needs of our clients including relationship management, marketing, sales, client service, and product development and management.Job Description:

• Design and implement a sales strategy for $500mm and larger DC clients and prospects within the Institutional Defined Contribution business.
• Identify and diligently pursue new investment opportunities through consultative dialogues with investors. Focus on strategic products for the group as well as mandates that will have the most commercial impact.
• Meet predetermined targets for net-new revenue and sales activity.
• Effectively develop a cohesive and consistent narrative around the firm's competitive advantage, investment capabilities, industry positioning and the DC landscape.
• Develop product fluency across BlackRock's investment options including but not limited to LifePath, Fundamental Fixed Income, Systematic Active Equity and our Index platform.
• Record client activities and opportunities in CRM systems on a timely basis.
• Work collaboratively with partners within BlackRock to meet clients' needs and objectives.
• Lead support staff on assigned accounts to service clients and implement sales strategy.
• Mentor junior team members and contribute to the staff's overall development.

Qualifications:

• 8+ years of established track record in an institutional relationship management and fundraising.
• Proven sales background - ability to drive results in an autonomous working environment and in close collaboration with colleagues across business units. Track record of building strong client relationships and being viewed as a trusted advisor . Experience in raising capital for institutional products.
• Deep investment knowledge. Strong proficiency across a wide range of Investment products.
• Deep industry knowledge, including clear awareness of key issues and financial issues affecting Defined Contribution plans.
• Strong interpersonal skills to establish credibility with key stakeholders both internally and externally.
• Track record of partnering with consultants and/or consultant relations professionals to drive new opportunities and service existing clients.
• Collaborative and cooperative approach to a team-based sales and service model.
• Ability to lead by example - high work product standard and strong work ethic.
• BA/BS degree in related field.
• Has, or is willing to obtain, the series 7, 63, and insurance licenses.

Competencies:

• Self-managed, highly driven by relationship management and revenue generation.
• Proven intellectual ability and interpersonal skills. Able to establish credibility with and influence the institutional investor community.
• Highly effective in forging working relationships with team members and business counterparts. Ability to inspire and motivate the team to deliver high levels of performance.
• Excellent verbal, written communication and presentation skills.
• Strong time management, organizational and problem-solving skills.
• Strong professional and personal integrity.

Salary Information:For New York, NY Only the salary range for this position is USD$194,000.00 - USD$270,000.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.For Boston, MA and Atlanta, GA Only the salary range for this position is USD$184,000.00 - USD$250,000.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.

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.

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.

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.