Analyst/Associate, Product Strategy, Custom Model Solutions - Multi-Asset Strategies & Solutions

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 US 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 Team Member, you will be encouraged to:

Build Custom Model Portfolio proposals and client materials

• Partner with CMS Client Portfolio Managers to design and build custom model portfolios for specific wealth management clients, marrying client customizations with BlackRock’s investment views, as defined by the Model Portfolio Solutions team.

• Build and manage suites of custom portfolios using BlackRock’s model customization applications and tools.  

• Support the Custom Models sales cycle with pitch decks and marketing materials to close new business.

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

• Support ad-hoc attribution and model due diligence requests from CMS Clients.

Support data quality, infrastructure, and client experience

• Manage onboardings for new Custom Models clients, including the organization and maintenance of all custom model inputs and client data

• Work directly with the Village of Custom Models stakeholders to triage client inquiries and ensure consistent data inputs across the Aladdin infrastructure

• Maintain investment integrity and benchmark fidelity to align PM inputs with CMS client’s bespoke asset allocations

• Work with the CMS PM and Client Experience teams to deliver a consistent and seamless client experience

Manage projects to drive growth

• Support critical initiatives to scale the CMS platform and its integration across MASS and other parts of the firm, including client-facing market leaders, Models Infrastructure, MASS Core PM, and Aladdin Wealth Tech, among others.

• 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.

Qualifications/Skills

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

• A minimum of 1 years investment or asset management experience

• Client facing experience in building advisor portfolios

• 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 keen sense to build a business

• Exceptional 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 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.