About this role
BlackRock EMEA Wealth Strategy – London, UK
Business Unit Overview:
The EMEA Wealth division is a key client business within BlackRock, responsible for developing a $1T book of business across Europe, Middle East and Africa, through leveraging the full breadth of BlackRock’s platform across public and private markets investments, services and technology.
The EMEA Wealth Business Strategy team is responsible for identifying and executing on key strategic initiatives for the business, across strategic planning, project management of key transformational initiatives and client specific deals, generation of market intelligence and insights.
Job Purpose/Background
We are looking for an Associate to join the EMEA Wealth Business Strategy team. The role will be critical in shaping and delivering the business’s strategic projects in EMEA, with a particular focus on client-specific business development activity across all segments in the UK. This includes the distribution of iShares, index Mutual Funds, active Mutual Funds, liquid & illiquid alternative investments, and bespoke client solutions.
The Associate will work with cross-functional teams, connecting with multiple stakeholders in the organisation, including senior management, and offers significant exposure and growth opportunities.
Key to performing well in this role is to possess a results-oriented mindset, the capability to utilise analytical skills, and have the ability to work under pressure. This role will be based in London.
Key responsibilities:
As a key member of the Wealth Business strategy team, the candidate will work closely with the UK Wealth leadership team, and key partner functions across the Partnerships team, Corporate development and COO team, to drive specific business strategy initiatives, including:
Formulation and maintenance of the UK business strategy, across all segments (including UK & Global Private Banks, UK Retail Banks, Asset Managers, Digital Wealth providers, UK Wealth & Advisory Firms, key UK distribution platforms & UK retail Fund of Funds)
Specific client business development – to support the business’s strategic goals, with a focus on the UK
The assessment of strategic investments to help drive ongoing growth in the UK – the largest market in the region.
Ongoing monitoring of progress of key strategic initiatives.
Be responsible for driving all project phases of a business development initiative e.g., clear scoping of the opportunity, defining an approach and analyses, gathering information from different sources and synthesizing findings in impactful reports.
Work autonomously on the development of projects and engage regularly with senior members of the team (VP, D, MD) and senior stakeholders in the organisation to help identify and prioritise strategic opportunities.
Knowledge/Experience and key competencies:
Strong knowledge of the financial industry and asset management knowledge, with a particularly focus on the UK. Understanding of different asset management products (index / active / alternatives) desired but not required
Relevant background in strategy or business development with 3-5 years of work experience, within asset management, professional services (strategic consulting, investment banking, private equity) or as part of internal strategy or business development teams.
Analytical and quantitative skills: comfortable evaluating business opportunities, including acquisitions, partnerships and joint ventures and performing data analysis with good degree of autonomy to synthesise results for the team and senior stakeholders.
Problem solving and ability to think logically and deconstruct a larger problem into sub-components, to prioritise issues and allocate resources accordingly.
Structured communication skills to convey complex ideas top-down and ask targeted questions to arrive at a solution.
Interpersonal skills: team player; confidence to engage with the team and a diverse set of stakeholders, understand their viewpoints, build long-term relationships, and create a collaborative environment within the team.
A desire to grow quickly, working in a high-energy environment with commitment to excellence.
Skills / Qualifications:
Strong academic background with a minimum of a Bachelor’s degree.
Fluency in English (verbal and written)
Proficiency in Excel and PowerPoint required
Professional qualification such as CFA and IMC desirable but not required
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.
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.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
