Aladdin Client Transformations, Director

BlackRock

3.4

(18)

New York, NY

Why you should apply for a job to BlackRock:

  • 67% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 16 weeks paid leave for primary caregiver and 2 weeks paid leave prior to birth of baby.
  • Flexible time off; parental leave for birth or adoption; child, special needs and elder care support, fertility benefit program
  • Employee Assistance Program – free, confidential counseling; gender transition support; volunteering opportunities
  • #R252901

    Position summary

    nd technology needed to manage money in real time. Our investment software combines risk analytics with portfolio management, trading, compliance, and operations tools on a single platform to power informed decision-making, effective risk management, efficient trading, and operational scale. Through Aladdin, the firm offers to clients the same technology and intellectual capital that BlackRock uses to manage investments day-to-day.

    About this role:

    The Aladdin Business is growing rapidly, with the volume and complexity of new client deals and strategic partnerships growing each year. We are at the next phase of our growth and are evolving into a platform focused business with multiple new product launches and external partnerships. Successful candidates will join in our efforts to help sophisticated investors onboard the world's leading end-to-end operating system for investment portfolios to see their whole portfolio, understand risk exposures, and act with precision.

    We are looking for a candidate to join us in the Director role within the team's Front Office practice.

    Your team:

    The Aladdin Client Transformation ("ACT") is responsible for the installation and deployment of Aladdin and related products and services, globally. Aladdin implementations, including both institutional and retail assignments, are high profile initiatives that require team members to have senior level exposure and play an active role in the redefinition of investment organizations. A typical implementation is at least as much about processes and implementing change as it is about investments & technology. We help clients achieve ambitious strategic objectives, which range from streamlining investment operations to integrating teams, to unifying their investment analytics & risk reporting framework, to modernizing their overall investment process. BlackRock's implementation model is unique in the sense that we take full responsibility for the Client going live on our solution. It also means that we develop true partnerships with our clients at the most senior levels.

    Your responsibilities:

    • Collaborate closely with the Client's senior management team (e.g. Chief Investment Officer, Chief Risk Officer, Head Portfolio Managers, Head of Investment Operations, Chief Technology Officer) and provide strong leadership throughout the Aladdin implementation

    • Engage the Client's key leaders to understand, redesign, and deploy strategic business workflows across the full spectrum of the investment cycle, including pre-trade decisioning, order management, trading, investment operations, risk management/compliance/oversight, closed-book accounting, or performance measurement & attribution

    • Lead and document investment and operational workflow design sessions for various asset classes, including equities, fixed income, alternatives, derivatives, and related workflows

    • Gain an in-depth knowledge of Aladdin functionality and workflows, as well as industry expertise (e.g., pensions, insurers, asset managers) to ensure clients take full advantage of the suite of Aladdin products and workflows

    • Lead, coordinate, and assist in client-specific Aladdin configuration, testing and user training

    • Influence Client and Aladdin Product Managers to support client development needs

    • Work closely with the Client and key internal functional teams to ensure the full range of capabilities are considered during an Aladdin implementation to ensure standard methodologies are achieved

    • Participate in Aladdin business development activities, assisting in platform demonstrations, implementation pre-planning, or client due diligence, as a product/workflow subject matter authority

    • Actively manage client communications regarding Aladdin product changes and configurations, as related to Aladdin onboarding

    • Comfort with periodic travel across the Americas

    Your qualifications:

    • Deep understanding of portfolio management workflows, investment analytics performance analytics as a buy-side technology provider or as a front office practitioner, with at least 12 years of relevant industry experience

    • Strong familiarity with capital markets instruments (equities, fixed income, private markets, derivatives), either analytically or via strong knowledge of investment life cycle

    • Experience implementing scalable and repeatable business processes, inclusive of program management

    • Excellent interpersonal skills with proven ability to build relationships with internal and client senior management

    • Excellent creative, analytical and technology skills with an entrepreneurial approach to large, complex projects, and ability to execute autonomously

    • Enjoys a fast paced, high-intensity and complex environment, troubleshooting time critical issues and working with people

    • Strong attention to detail; willing to take proactive action, and desire to roll up sleeves

    Nice if you have:

    • Track record of leading successful implementations of investment technology solutions (order/trading systems, risk platforms, operations tools)

    • Programming background or experience with query languages desired

    • Experience with order management systems, electronic trading platforms, or derivative platforms

    • Understanding of investment risk (e.g., market risk analytics)

    • Experience with platform integrations (e.g., interfaces, APIs)

    • People leadership experience

    • Program management experience

    • Relevant professional certifications (e.g., CFA, FRM, CAIA) are highly desirable

    For New York, NY Only the salary range for this position is USD$195,000.00 - USD$275,000.00 . 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: https://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.

    Why you should apply for a job to BlackRock:

  • 67% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 16 weeks paid leave for primary caregiver and 2 weeks paid leave prior to birth of baby.
  • Flexible time off; parental leave for birth or adoption; child, special needs and elder care support, fertility benefit program
  • Employee Assistance Program – free, confidential counseling; gender transition support; volunteering opportunities