Institutional Product Development Lead, Vice President/Director

San Francisco, USA
Jun 16, 2022
Jul 16, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

About this role

What team will you be on?

The Institutional Product Development team within the Global Product Group ("GPG") is currently responsible for product development across our Alternative funds, including hedge funds, CIFs and Canadian Pooled Funds enabling growth and innovation, discipline and focus across investment product lines. We partner closely with Product Strategy, Institutional Client Business, and Corporate Functions to drive opportunities through to funding and across product lifecycle events. The comparatively small size of the team offers the opportunity to assume significant responsibility as team members work closely with senior investment product professionals across all functions and assets classes and interface with other BlackRock teams.

Why is your role important?

Are you able to imagine the first step towards solving a business challenge? Can you quickly pivot to different approaches? Do you enjoy owning an existing business with your expertise? Look no further, come join our Institutional Product Development team! This role involves being the owner of a $1T+ institutional book of business comprised of over 900 funds within the US, focused specifically on our US Collective Investment Funds ("CIFs") and Canadian Pooled Funds.

What will you be doing?
  • Drive the success of BlackRock's US CIFs and Canadian Pooled Funds by leading new product development and product lifecycle events
  • Work directly with Institutional Sales and Investment Strategy teams
  • Build strong, positive relationships across internal stakeholder groups
  • Identify, evaluate, and seek solutions to potential obstacles and risks
  • Provide expertise on structuring and oversee creation of legal documents
  • Collaborate with product and business operations teams to develop a consistent operating process throughout the firm and maintain an effective control environment for launching new products
  • Acquire and maintain a thorough understanding of BlackRock's processes, operating environment and investment products and communicate unique requirements of our Funds to business partners

What are we looking for?
  • BA/BS required (MBA, JD, or CFA is a plus)
  • 10+ years of work experience
  • Familiarity with Product Development and/or commingled fund structures is preferred
  • Results-oriented self-starter focused on execution with ambitious work ethic and professional disposition
  • Passionate about problem-solving and continuous learning
  • Willing and able to learn new toolsets and approaches as business needs change
  • A standout colleague who takes a consultative approach to tasks, but is also comfortable working independently
  • Organized and precise, with the ability to prioritize effectively, multi-task quickly and efficiently, adapts to new situations in a fast-paced environment
  • Thrives in analytical and collaborative settings and can provide product oversight and solutions-oriented outcomes across BlackRock's CIF and Canada Pooled Fund platform

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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

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.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.

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