About this role
Your team
The role is part of the Employment team within BlackRock’s Legal and Compliance Department’s Corporate Law team. We provide legal counsel primarily to the Human Resources Group, but also to all other business groups, on legal issues related to all aspects of employment and the employee life cycle. We are a key partner to the firm in executing its human capital management strategy.
Your role and impact
The role will involve the provision of legal support on Executive Compensation and Employee Benefits matters. Some aspects of the role responsibilities are global in nature, while others relate specifically to the United States, Canada and Latin America. A primary focus will be providing counsel to BlackRock’s Compensation and Employee Benefits Teams within the Human Resources Group, in connection with BlackRock’s compensation, equity, carried interest, retirement and health and welfare plans. The role will be located in New York.
Your responsibilities
- Provide practical legal counsel to Human Resources and interface with outside counsel with regard to day to day issues including:
- BlackRock’s stock plan, voluntary deferred compensation plan, employee stock purchase plans, and carried interest plans;
- Required public company disclosure issues;
- BlackRock’s 401(k) plan (including fiduciary guidance to its retirement committee, investment and administrative subcommittees); health savings accounts and health and welfare programs;
- development and updates of policies, plan documentation and communications relating to BlackRock’s compensation and employee health and welfare plans and programs and related initiatives;
- support in respect of vendor agreements and client RFP process; and
- negotiation and documentation of employment, retention and separation agreements and restrictive covenants of varying complexity.
- Provide legal counsel and support with HR-related elements of strategic transactions / acquisitions, including:
- due diligence, especially with regard to employee benefits, compensation plans and other qualified and non-qualified plan issues;
- negotiation / drafting of employment-related reps and covenants in M&A deals;
- interface with outside M&A and employment counsel on M&A transactions; and
- pre / post-close Implementation; and
- Develop, revise and implement related policies and training solutions and stay atop of industry developments to help BlackRock be best in class.
You have
- A minimum of 8+ years’ experience in executive compensation and employee benefits subject areas;
- Preference given to experience in the financial services industry (including private equity / private markets) and executive compensation experience with a public company;
- Some subject matter experience in risk mitigation related to key employee-life cycle events (hiring, retention and terminations) and corporate transactions;
- Strong analytical and problem-solving skills;
- Ability to manage and prioritize multiple complex projects simultaneously;
- Strong communication skills (oral and written), with both legal and non-legal professionals and comfort working in a role requiring utmost discretion and confidentiality;
- Collegial, team player;
- Major law firm experience preferred; and
- JD degree and member of the New York bar.
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.Similar Jobs
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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Employees engage in a combination of remote and on-site work.
BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.
