Address
SalaryAbout this role
About this role
About our business
In the Retirement Group (RG), we’re on the frontlines of America’s retirement crisis, leveraging our unique capabilities to make it easier for people to save through their employers’ workplace savings plan. We’re a tight-knit group of about 100 BlackRock employees who believe that everyone should be able to retire with dignity. Here’s what we’re all about:
We put our clients first: RG brings together the Defined Contribution (DC) and Retirement Insurance (RI) businesses, overseeing more than $1T in AUM. Serving 80K+ DC plans, including over 50% of the Fortune 100, we ultimately reach more than 40M participants across the U.S.
We set big, meaningful goals: As the industry’s #1 Defined Contribution (DCIO) provider and the inventor of the target date fund, BlackRock leads the industry – and we’re constantly raising the bar to drive better outcomes for our clients and pave the way for the next generation of retirement solutions.
We run after problems: We’re tackling the industry’s toughest challenges by building innovative, research-supported solutions that combine investments with technology to get people to and through retirement.
We are “One BlackRock:” We partner across the firm and the broader retirement ecosystem to deliver simple, convenient, cost-efficient solutions, and we publicly advocate for policies that make it easier for more people to save and generate wealth.
We’re career builders: Alongside our business objectives, we are deeply committed to developing our talent and actively maintain and engage our RG Talent Committee, RG People & Culture Committee and Women in RG. Together, these groups shape our team culture – with an emphasis on inclusion and diversity.
About the role
We are seeking a highly motivated individual who is excited to work in a dynamic, fast-paced business that is driving innovation in the industry and growth for BlackRock. In this role You will be a critical member of the DC Institutional Sales team. You will assist the Senior Institutional Sales and Account Management staff in driving new business and maintaining existing business through the Institutional channel. You will work closely with the DC Institutional Sales and Consultant Relations groups at BlackRock supporting their efforts to attract, retain, and grow new and existing institutional DC clients. This role will give you the opportunity to collaborate with groups across the firm while developing knowledge of our entire investment platform. Similarly, you will partner with the broader Retirement Group on various strategic projects to enhance our team culture and drive business growth.
Responsibilities
- Support senior Institutional Sales and DC Consultant Relations professionals on business development, client service, and investment strategy engagements with Institutional DC clients and prospects.
- Field, respond to, and accommodate day-to-day requests regarding strategy information, pricing inquiries, and other ad-hoc client requests.
- Track activities and maintain contact information in BlackRock’s Client Relationship Management (CRM) platform. Help develop meaningful reporting metrics, including new business pipeline opportunities and meeting notes.
- Contribute to business development plans on the Institutional DC team by collaborating with senior Relationship Managers and Commercialization Strategy function.
- Learn and excel in using BlackRock’s proprietary systems to gather information about products, fund vehicles, pitch decks, and other critical information.
- Coordinate and prep for client engagements by assisting with pitch decks, new business “Requests for Proposals” (RFPs), and follow up materials under tight timelines.
- Collaborate with Client Service operations partners in on-boarding of new accounts and complex implementations.
- Attend some client/prospect meetings with plans to assume ownership of smaller relationships over time with team Directors and Vice Presidents.
Skills and requirements
- BA/BS degree required
- 1 – 3 years of financial services experience – Defined Contribution-related experience is a plus
- Knowledge of, or interest in learning about, the Defined Contribution industry trends, in addition to asset management and financial markets news
- Has, or is willing to obtain, the Series 7 and 63 licenses within three months of hire date
- High proficiency in Microsoft Office and an aptitude for learning new applications
- Exceptional written and verbal communication skills
- Organized and detail-oriented with strong time management skills
- Demonstrated analytical ability, maturity, and sound judgment
- Thrives in a fast-paced environment with a proactive and hard-working attitude
- Motivated to win with a competitive spirit
- Strong interest in pursuing a career in a client facing role
- Effective team player; able to work with colleagues across levels
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 California only the salary range for this position is $105,000 – $137,500. 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.
