Cash Management Sales & Relationship Manager, Director

About this role

What team will you be on?

The Cash Management Group (CMG) at BlackRock offers a wide range of products and custom solutions to fit clients' needs that includes securities lending, cash collateral, sweep activity and separate accounts. BlackRock's cash management style is designed to meet each client's objectives of capital preservation, liquidity, and yield - in that order.

BlackRock and its predecessor companies have been involved in the management of Money Market Funds (MMFs) since 1973, and today, BlackRock's Cash Management Group (CMG) a business division within the Lending and Liquidity Strategies (LLS) group is one of the world's largest providers of cash management solutions to institutional and retail investors and manages approximately $725 billion (as of 3/31/2022) in cash assets globally.

Today, our business provides solutions either directly or through intermediary partners for institutional and retail clients in more than 60 countries.

Why is your role meaningful?

Within our US Sales team, we seek a salesperson to engage in our sales efforts covering corporate treasury, universities, municipalities, and other Institutional distribution channels within the greater New York / Tri-State area. You will have an opportunity to lead the relationship on the balance sheet cash front and have the opportunity to deliver all of BlackRock to clients!

What will you be doing?

• Sourcing of new business opportunities within the Corporate treasury and Institutional sector via engagement on balance sheet cash pools, while engaging with internal resources to build relationships and referral networks
• Delivering a deep understanding of liquidity product offerings including money mark mutual funds, SMA's and other short-term investment options
• Travel (when safe/appropriate) to attend client and prospect meetings together with industry conferences and events

What are we looking for?

• Strong and established sales and relationship management background, with proven experience with Corporate and Institutional investors in the liquidity markets
• An understanding of broader market, economic and industry / regulatory landscape affecting client investment activities, along with an acuity of fixed income market securities
• Experience in a sales and business development role within a team first framework
• An ability to access existing relationships
• Series 7 and 63 required

For New York City only: The salary range for this position is $199,500 - $240,000. 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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.