Associate Custom Models Solution Business (CMS) Client Portfolio Manager 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 team. The team works alongside Portfolio Managers and focuses on commercializing model portfolios for Financial Advisors and their clients.

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 Custom Models Solution Business (CMS) is uniquely positioned to support advisors and accelerate the adoption of model portfolios. Through CMS 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.  It will require a strong combination of leadership investment and client interpersonal skills.

As a CMS Client PM you will be encouraged to:

Support clients and sales

• In close partnership with USWA Market Teams deliver the CMS value proposition to clients – position resources capabilities and services to increase demand.

• Support existing client relationships and participate in driving new client engagements by delivering BlackRock’s best thinking on an ongoing basis via conference call updates and in-person meetings as needed.

• Integrate CMS clients with the BlackRock technology stack to deliver client reporting and marketing support.

• Build strong relationships with sales distribution partners and advisory clients to deliver commercial results aligned with business objectives.

Construct model portfolios:

• Design custom model portfolios for specific wealth management clients that marry the client’s customization requests with BlackRock’s investment view as defined by the Model Portfolio Solutions team.

• Build custom portfolios using our standard model product menu as the chasse.

• Define and maintain portfolio substitution and optimization rules using Blackrock’s portfolio construction tools.

• Work closely with model portfolio managements teams bringing to bear their systematic investment and market insights

Manage projects to drive growth and scale the business:

• Support critical initiatives to scale the CMS business and its integration across MASS and other parts of the firm including but not limited to client-facing market leaders Models Infrastructure MASS Core PM and Aladdin Wealth Tech.

• Think creatively about ways to improve the CMS operating model and deliver on automation and scale-oriented projects to support the business’s growth objectives and risk mitigation.

• Support all aspects of the day-to-day operating procedures in partnership with Core PM and Models Infrastructure to support business needs.

• Represent the investment strategy team in projects with partners in sales marketing communications product strategy and other teams

Qualifications/Skills

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

• A minimum of 2-4 years investment or asset management experience

• Prefer relevant client facing and/or portfolio construction experience

• Combination of investment analytical technical and client skills

• Student of the market with fluid understanding of financial markets portfolio construction and analysis

• Entrepreneurial with a sense of ownership and business building spirit

• Strong organizational skills with attention to detail and process

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

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.

What We Do

As the world’s largest asset manager BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement home ownership and their children’s education. Our clients range from governments foundations and other large institutions to those investing on behalf of individuals including firefighters nurses teachers and factory workers. BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven focused on clients and risk management and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world Aladdin combines powerful analytics and a common language to help investment teams make faster more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today. At BlackRock we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions simplify complexity and deliver investment strategies that meet people where they are. Whether it’s retirement planning wealth building or navigating market shifts we’re here to help clients invest more easily more affordably and with more choice as we chart a path toward financial well-being together. Learn more: Careers.BlackRock.com

Why Work With Us

Without our people technology is irrelevant. When we combine the power of people with the power of technology we amplify our ability to create better outcomes for our employees clients shareholders and society alike.

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