Private Markets Product Development

About this role

About BlackRock 

BlackRock is the world’s largest asset manager and a premier provider of global investment management services with AUM of over $10 trillion. BlackRock’s Private Markets and Alternatives platform represents over $300 billion of AUM across a broad range of investment capabilities including private equity, private real estate, private infrastructure, private credit, and hedge fund strategies. Our 1000+ dedicated professionals work across BlackRock’s global teams, including 50+ offices with private markets capabilities.   

About this role 

We are looking for a product development professional to join our Private Markets Structuring & Development Team in Europe. This individual will be responsible for managing and coordinating the design and build of our private markets products.  

The Private Markets Structuring & Development Team forms part of Global Product Solutions (GPS), BlackRock’s central global product function. GPS oversees enterprise product strategy, including pricing, development, structuring, and platform governance. The Private Markets Structuring & Development Team is responsible for the design, structuring and development of private markets investment fund structures and client mandates for institutional and wealth investors globally. Members of the team interact with stakeholders across the firm, including investment teams, distribution, strategy, operations, legal, risk, and compliance functions. 

Responsibilities 

• Project manage the launch of private markets funds and solutions across asset classes and client channels.

• Assume responsibility and ownership for successful execution of product initiatives, including the delivery of products, solutions and separate accounts.

• Work closely with tax, operational, legal, compliance and risk management functions on key product issues, and facilitate productive ongoing dialogue across stakeholders to drive outcomes and solutions.

• Develop knowledge and understanding of our product landscape, competitor offerings and client needs.

• Help plan and prioritize the product pipeline according to commercial and strategic considerations, to maximize resource efficiency.

• Acquire and maintain a detailed understanding of BlackRock’s processes, operating environment, and investment products as well as regulatory and structuring requirements, guiding business partners through the launch and shaping product development processes.

• Present product initiatives at product approval forums, including internal committees and boards.

Qualifications 
 

• Relevant experience at a leading asset manager, bank, or other financial institution with a focus on private markets. 

• Experience in project managing and delivering complex cross-functional initiatives. 

• Ability to work with multiple teams to deliver projects according to priorities and within set timelines. 

• Aptitude to influence key stakeholders and decision makers to drive progress, commit resources and achieve buy-in. 

• Proven problem solver, with ability to resolve outstanding issues, escalating when necessary. 

• Broad knowledge of the European regulatory landscape, including AIFMD.  

• Excellent analytical, interpersonal and project management skills to manage multiple projects at any one time. 

• Ability to effectively communicate complex topics with both internal and external parties. 

• Broad understanding of private markets and industry trends.  

• Self-motivated and proactive individual with strong desire to learn and succeed. 

• Excellent communication skills, both verbal and written.  

• Driven, dynamic and proven team player. 

• Strong work ethic. 

• Excel and PowerPoint skills. 

 What we offer 

• Unparalleled exposure to BlackRock’s leading asset management business and industry-leading product team.  

• Experience in one of the firm’s premier talent engines – with a strong track record of importing, developing, and exporting firm and business-unit leaders. 

• Experience in building out the private markets business as one of BlackRock’s key growth engines  

• A collaborative, inquisitive, and high-performing team culture across GPS. 

• Professional, international working environment. 

• Entrepreneurial culture offering the opportunity to learn the business from some of the world’s leading professionals.   

• Collaborative environment, with on-the-job training and mentoring. 

• Competitive salary with performance-oriented compensation model.

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.