Associate, GPS US Retirement Client Implementation

About this role

About our business

The Global Product Solutions (GPS) business innovates and curates all of BlackRock’s investment solutions for our clients to achieve the investment outcomes they seek. The team integrates active and index strategies across all product vehicles. As a member of GPS Americas, you will help to drive the next phase of growth for our global product platform and the entire firm.

As part of the US Retirement business within GPS, you will be on the frontlines of America’s retirement crisis, leveraging our unique capabilities to make it easier for people to save through their employers’ workplace savings plan. US Retirement brings together the Defined Contribution (DC) and Retirement Insurance (RI) businesses, overseeing more than $1T in AUM. Serving 80K+ DC plans, including over 50% of the Fortune 100, we ultimately reach more than 35M individual savers across the U.S. and Canada. We partner across the firm and the broader retirement ecosystem to build and deliver innovative, simple, convenient, cost-efficient solutions, and we publicly advocate for policies that make it easier for more people to save for both the near- and long-term.

Role description

The US Retirement Client Implementation function is a key pillar within the US Retirement team focused on project managing client fund actions, delivering seamless execution for plan sponsors and their third-party agents.  The team works across the full lifecycle of our products, from inception through settlement, and the full lifecycle of our client relationships, from on-boarding through best-in-class client service, offering a unique position and opportunity to interact cross-functionally across the larger BlackRock organization. Beyond the broader Global Product Solutions business, the Implementation team regularly engages with many other groups throughout the firm, including:  Institutional Client Business, US Wealth Advisory, Global Consultant Relations, Portfolio Management, Legal & Compliance, Marketing, and Technology & Operations.

We are seeking a highly motivated individual who is excited to work in a dynamic, fast-paced business that is driving innovation in the industry and growth for BlackRock.  This opportunity will drive operational excellence in coordinating the implementation of DC assets to ensure that our clients, advisors, and prospects are serviced at the highest level. S/he will support and/or project manage the full lifecycle of the implementation while building strong external relationships with clients, plan record-keepers, and plan custodians. Internally, s/he will partner with Account Managers, Portfolio Management teams and Technology & Operations to ensure all stakeholders are coordinated and operating in a risk-controlled manner. Similarly, s/he will partner closely with the broader U.S. Retirement team on various strategic projects to move new products forward, enhance business processes and mitigate risk. 

Primary responsibilities

• Project management of DC client implementations – including new clients, new product launches, and large mappings.

• Ownership of our implementation pipeline to ensure visibility into all client activity, including contribution to senior management reporting and enhancing commercial collateral/client presentations.

• Participation in, and eventually facilitation of, weekly internal status calls to coordinate client implementation activity.

• Subject matter expertise of BlackRock products that are applicable to the DC market and our operating model with plan record-keepers and plan custodians.

• Drive cross-functional implementation process, including facilitating contractual agreements with intermediaries and their counterparts

• Develop strong external relationships with clients, plan record-keepers and plan custodians.

• Develop strong internal relationships to ensure maximum leverage of firm-wide resources and deliver a consistent and positive client experience.

• Contribute to strategic projects across the U.S. Retirement team on initiatives related to providing solutions for clients and/or enhancing business processes.

An ideal candidate will demonstrate:

• Exceptional project management skills, relationship building and attention to detail

• Strong appreciation for the retirement ecosystem and operational processes, including a curiosity for learning and understanding the asset management industry

• A desire to work in a high-energy environment, proactively contribute ideas, and have a passion for the ongoing mission to enable more individuals to retire with dignity

• The ability to work as a great teammate, collaborate across businesses, and contribute individually

Qualifications

• BA/BS required

• Strong project management problem-solving and planning skills.

• Ability to multi-task and work across multiple projects and initiatives.

• 1 - 3 years of investment, or Defined Contribution, related experience preferred.

• Knowledge of the defined contribution market, recordkeeping and trust operations is a plus.

• High level of self-motivation and flexibility, with a strong integrity & ethics.

• Strong time management and organizational skills.

• Analytical ability to synthesize information and summarize key issues.

• Strong oral and written communication skills.

• An undergraduate degree is required.

• Series 7  (within 12 months of start date).

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, disability, veteran status, and other statuses protected by law.

For Atlanta, GA Only the salary range for this position is USD$95,000.00 - USD$127,500.00 . 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. For Wilmington, DE Only the salary range for this position is USD$85,000.00 - USD$117,500.00 . 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 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.