Job Description

Description

About this role

Role Overview:

Vice President, BlackRock Impact Opportunities Fund (BIO)

New York, NY

BlackRock offers access to a spectrum of alternative investments amounting to approximately US$239 billion of assets including hedge funds, private equity, private credit, real estate and infrastructure all organized under BlackRock Alternative Investors (BAI). The Alternative Solutions (ASG) Group within BAI currently manages $8 billion across opportunistic and diversified portfolios of alternative investments for institutional clients.

The BlackRock Impact Opportunities Fund (BIO) will sit within ASG and is return-seeking with the scope to invest deal-by-deal across private market asset classes, across the capital stack and across sectors. In contrast to its wide investible universe, BIO has a focused and singular impact objective to accelerate the economic outcomes of undercapitalized racial and ethnic communities in the United States (defined primarily as Black, Latinx and Native American). To achieve said impact, BIO will provide capital to businesses or projects owned and operated by minorities as well as to businesses driving change in underserved communities (e.g., creating quality jobs). BIOs investment process integrates an opportunistic investment strategy with consistency and rigor as it relates to impact assessment, measurement and underwriting.

Job Description:

This person will collaborate with the senior investors dedicated to making private investments for BIO directly as well as drive BIOs multi-asset, integrated investment process (including establishing external partnerships to drive deal flow, help formulate / implement strategic and tactical plans for BIOs investment portfolio, partner closely with BlackRocks Sustainable Investing team on impact framework and research, work with specialist asset class teams across the BAI platform on investments relevant to BIO). This person may also represent the firm and BIO in public forums and is expected to support the firms broader efforts across the impact and sustainability ecosystem.

Key Responsibilities:

Specifically, the Vice Presidents primary duties are summarized as follows:

* Help BIOs senior investors source, conduct due diligence, negotiate, execute, and monitor investments and drive investment process
* Interest in building network for deal sourcing across Black, Latinx and / or Native American as well as other partnerships relevant to the investment activity of the BIO Fund
* Help develop in-depth understanding of underlying companies / assets and sectors associated with potential investment opportunities; help develop themes for BIO Fund deployment
* Work collaboratively with other members of the BIO and broader ASG team, as well as other BAI teams and BSI
* Work effectively with external counterparts, e.g., management teams, throughout investment lifecycle
* Demonstrate dedication to the company and colleagues success and contribute to the group

Experience & Skills:

* 5+ years investment experience; may be public or private investment experience however there is a preference for private market experience in the U.S. (e.g., Private Equity, Private Credit, Real Estate, Infrastructure, etc.). Strong investment acumen and strong curiosity / desire to learn about investing across private market asset classes. Knowledge and experience across multiple private market asset classes and sectors is desirable.
* Has a strong sense of purpose around BIOs impact objectives. Experience investing in / with the communities relevant to BIO is a plus
* Strong ability to build internal/external partnerships to drive deal flow for the fund
* Robust analytical / financial modelling ability
* Team-oriented. Enthusiasm and commitment to working in a friendly, entrepreneurial, team environment
* Strong presentation as well as strong oral / written communications skills
* Fiduciary mindset
* Results driven with a high level of attention to detail
* Strong academic credentials; undergraduate degree is required, MBA and/or other advanced degree is helpful

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

BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable.



For additional information on BlackRock, please visit www.blackrock.com/corporate | 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.