Director, US Product Strategy - Health Science | Fundamental Equities

Employer
BlackRock
Location
New York, USA
Salary
Competitive
Posted
Sep 23, 2021
Closes
Oct 07, 2021
Ref
12165251
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

Director, US Product Strategy - Health Science | Fundamental Equities

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.

Business Unit Overview:

Fundamental Equities sits within BlackRock's Portfolio Management Group (PMG), which encompasses Fundamental and Systematic investing across Fixed Income, Equities and Multi-Asset Strategies.

The Fundamental Equities (FE) business is a key division at BlackRock with over $253bn of assets under management, across 100+ strategies and over 220+ investment professionals. FE use traditional analytics to pick stocks and assemble coherent, deliberate and diversified portfolios. Through cutting edge technology, sophisticated models and embedded research, our investment management approach provides superior performance for our clients and is an important part of the BlackRock brand.

Overview:
  • Director-level role
  • Lead role in driving commercial success for FE Health Science Equity team, working closely with the head of Active Sectors and Megatrends product strategy, and the broader Active Sectors and Megatrend product strategy team
  • Responsible for business development, product strategy and client communication across the Health Science Equity product range
  • Strong leadership skills a requirement, proven people management experience a plus


Team:

The BlackRock Health Science team is responsible for managing ~$30billion1 of dedicated health science equity mandates. The Team includes six dedicated healthcare Team members with an average of 20 years' experience in scientific research, medicine and investing. The Team includes four PhD's and one MD degree in internal medicine and utilize this strong scientific background as a core element of the investment process.

The Active Sectors and Megatrend strategy team is responsible for the client engagement, revenue generation and opportunity development across ~$75billion1 of assets. There are five individuals based in the US, and a further three based overseas. The Active Sectors and Megatrend strategy business encompasses fundamental equity mandates across Technology, FinTech, Climate Investments, Commodities, amongst others, in addition to the Health Science business.

1 BlackRock, as at June 30th 2021.

Background :

Actively searching for a lead Product Strategist to work within the Active Sectors and Megatrend strategy team in New York. As the primary investment contact for relationship managers within the firm, this role will be seen as the go to person for all the Health Science Equity business across FE. This will include portfolio and market views as well as all product related matters.

Role:
  • Drive business growth across the active Health Science Equity suite in conjunction with channel partners globally
  • A proactive business "owner" working in conjunction with the Health Science Equity team portfolio management team, distribution and product development partners
  • Credible representative of the Health Science Equity portfolio managers to internal and external clients
  • Key link to facilitate effective interactions between portfolio managers and clients/ consultants, allowing managers to focus on the day to day running of their funds
  • Meet with clients, prospects, and/or intermediaries to explain the investment philosophy, process, and performance or multiple strategies
  • Provide updates on overall financial market performance, economic trends and the team's market outlook
  • Role best suited to someone who has proven experience of working with retail and institutional clients, understands markets and has occupied a similar role or leadership function
  • The candidate will also need strong leadership, management and communication skills, excellent numerical skills and be technologically proficient


Key Responsibilities:
  • Partner with relationship managers (retail & institutional) to engage clients, prospects, consultants and intermediaries on BlackRock's full Health Science Fundamental Equity product range
  • Overall responsibility and oversight for marketing materials including portfolio reviews, market updates and other timely marketing materials
  • Proactive approach to solving clients' investment-related, business and operational issues by serving as the liaison between the investment team and all other areas of BlackRock (marketing, sales, compliance, legal etc)
  • Contribute to new business opportunities, development of marketing strategies, development of new product offerings and respond to requests for proposal (RFPs)
  • Grow the team's assets under management/revenue and uphold superior fund ratings


Knowledge/Experience:
  • Educated to degree level and relevant financial markets experience essential
  • Extensive experience in a client service/business development role, within the investment management industry
  • Passion for, and deep knowledge of equity markets


Skills/Qualifications:
  • Ability to understand and articulate fund management strategies clearly and with confidence
  • Strong presentation as well as oral and written communications skills
  • Strong project management skills and ability to meet deadlines
  • Advanced proficiency with Microsoft Word, PowerPoint and Excel and ability to develop familiarity and skills using proprietary technology
  • Degree in business, analytics or quantitative streams. MBA, other advanced degree and/or CFA designation preferred


Competencies:
  • Presence, maturity and credibility to effectively represent internally and externally, and confidence in engaging with internal and external client base
  • Demonstrate strong leadership and people management qualities
  • Ability to develop strong and trusting relationships
  • Strong attention to detail
  • Strong research and writing skills to clearly articulate sophisticated concepts, ideas, and processes
  • Integrity, strong work ethic and professional disposition
  • Strong level of self-direction, ownership, organisation and initiative
  • Team-work oriented with proven organisational skills and ability to manage multiple objectives simultaneously.
  • Strong ability to influence
  • Demonstrate a dedication to a diverse, equitable and inclusive work environment


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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @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.

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