Sr. Product Specialist
Date Posted: December 21, 2009
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
The iShares brand was launched in 2000 and has since become the leading ETF provider with over $450 billion in assets under management globally and just under 50% US ETF industry market share, as of October 2009. iShares runs almost 400 ETFs globally, holding securities in various asset classes ranging from US domestic equity to fixed income, to emerging and frontier markets. The target audience for iShares includes intermediaries (financial advisors) and institutional investors.
iShares ETFs are built around indices by virtually every leading index provider: Barclays Capital, Cohen & Steers, Dow Jones, FTSE, FSTE/Xinhua, iBoxx, JP Morgan, Morningstar, MSCI, NASDAQ, NYSE, Russell and Standard & Poor’s. They are diversified like typical index funds, but trade like an exchange listed security, with the advantages of transparency, cost- and tax-efficiency, and index exposure. The iShares business believes its competitive advantages lie in the depth and breadth of its products, the unique expertise and service of its client relationship teams, and its brand strength.
Role Description
The Vice President of Capital Markets will drive the institutional client service model for iShares’ ETF business. This person will collaborate with sales teams to understand and prioritize client needs in order to enhance iShares’ service model in the marketplace. This position will be expected to manage the allocation of technology, human and capital resources in order to maximize client’s use and understanding of iShares ETFs. These services include pre-trade analytics, portfolio analytics and trade execution systems. This person will also set metrics for measuring success across different initiatives and investment.
Responsibilities
- Develop buy-side service platform in cooperation with iShares institutional sales team
- Organize and deliver technology solutions that encourage institutional clients’ use of iShares ETFs
- Liaise between product development, portfolio management and institutional sales to ensure institutional client feedback is represented in product management decisions.
- Develop innovative framework for analyzing and communicating ETF product analysis to clients
- Attend key institutional and retail buy-side conferences to understand client service needs
- Provide senior relationship management for key buy-side trading desks at intermediary and mutual fund firms
Skills & Qualifications
- BA in Finance, Mathematics or Engineering
- 2+ years experience serving institutional ETF clients
- 10+ years experience in Capital Markets business as a portfolio manager, trader or sales coverage
- Basic understanding of equity or derivative trading a plus
- Ability to perform in fast paced environment
- Knowledge of institutional investment landscape
- Experience executing client requests under tight deadlines
- Strong excel skills a must
BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer -- M/F/D/V.
Interested candidates should apply through our Careers Website: http://tbe.taleo.net/NA6/ats/careers/requisition.jsp?org=BLACKROCK&cws=1&rid=4408