Managing Director, Financial Resource Management Strategy

Description

About this role

BlackRock's Financing & Balance Sheet/Financial Resource Management function sits within B lackRock Global Markets group (BGM) which works to advance our investment processes and platform architecture, and ensure we most efficiently engage with other market participants in a collaborative, strategic way.

BGM is seeking to hire a Managing Director to lead Financial Resource Management Strategy. This role will work with stakeholders across the trading and liquidity ecosystem to evolve our resource management strategy.

Responsibilities:

• Drive the strategy and implementation of structural solutions and initiatives across BlackRock's Investment platform ensuring we have the capacity and scale to meet our growing Financial Resource needs.
• Partner with BlackRock Global Markets key stakeholders on strategy for balance sheet and capital efficient solutions as our counterparties face increasing pressure to deploy resources more efficiently.
• Represent BlackRock's interests in frequent strategic interaction and partnership with Financing and Financial Resource counterparties on the street in finding strategic solutions for a wide range of financing ecosystem activities.
• Partner with Trading, Financing, Lending/Liquidity Desk Heads to optimize financial resource utilization on an ongoing basis including during highly constrained periods including statement dates and stressed environments.
• Resourcefully develop and deliver a multi-dimensional set of solutions, in partnership with internal stakeholders, across all forms of Financial Resource (Balance Sheet, Risk Capital, etc.) consuming activities.
• Explore non-traditional sources of financing including non-bank structures, centrally cleared, and platform solutions.
• Maintain strong connectivity and partnership with Financial and Bank Resource Management experts on the street in ensuring BlackRock is fully abreast with the latest market and ecosystem developments.
• Collaborate with internal and external stakeholders on regulatory environment including expected and proposed changes that are expected to impact financial resource ecosystem.
• Develop and advance financial resource analytics enabling transparency, efficiency, and optimization across products and counterparties.
• Ensure close collaboration with internal stakeholders on assessing impact of new products and strategies on financial resource consumption and ongoing availability.

Qualifications :

• 10+ years of experience in Financial Markets including but not limited to Securities Financing related activities.

• Extensive background and understanding of Global Bank liquidity, capital, and balance sheet management and optimization.
• Possesses strong knowledge of current and forthcoming Bank regulations including but not limited to the impact on securities financing related transactions and ecosystem
• Strong analytical and problem-solving skills
• Ability to partner and collaborate internally and externally in a solutions-oriented manner across a range of stakeholders
• Possesses excellent communication skills both oral and written

For New York City only: The salary range for this position is $285,000 - $350,000. 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 3 days in the office each week, with the flexibility to work from home up to 2 days a week; some business groups may require more time in the office due to their roles and responsibilities. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. 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 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.

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.