Job Description

Description

About this role

Your team

The Pricing Strategy and Analytics team is a nimble team within the Global Product Group that plays a central role in cross-functional discussions involving pricing, particularly around material pricing discussions and innovative fee structures for large clients. Given the importance of pricing in the asset management industry, the Pricing team was created in 2018 and continues to play a critical role in key pricing discussions and building pricing processes for BlackRock.

Your role and impact

Our team is part of BlackRocks Global Product Group (GPG) team, which works to bring innovation, discipline, and focus to BlackRocks investment product line by partnering with Client Businesses, Investment Teams, and Corporate Functions on product priorities. Our team brings discipline to pricing across BlackRock by reviewing fees based on key considerations and building processes around complex pricing arrangements. We partner closely with Product Strategy and Client teams to create pricing analyses to get to the right price for strategic client negotiations. We create and socialize pricing best practices based on key pricing themes with BlackRock partners. We execute on longer-term, strategic pricing projects with teams across BlackRock and we analyze industry and firm pricing trends across business lines and asset classes.

The Pricing team is currently based in New York and Budapest but plays a global role working with key partners across teams and regions at BlackRock, including Product Strategy, Client Business, and Corporate Functions teams.

Your Responsibilities:

* Build pricing analyses, write memos, and create presentations on strategic pricing discussions across BlackRock

* Collaborate with various partners on pricing discussions and strategic projects. Consider various perspectives to get to a collective solution

* Review pricing proposals for potential knock-on effects to other parts of BlackRocks book

* Review and modify contract language around pricing to minimize risk to BlackRock

* Collect, document, and analyze fee discussions across the firm and based on asset class, region, and client type. Communicate themes and takeaways from these discussions in presentations

You have:

* Bachelors degree or equivalent in Mathematics, Engineering, Statistics, Finance, or a related field of study

* 2+ years of experience in the asset management industry is preferred

* Strong Excel financial analysis and PowerPoint presentation skills. Experience with SQL is a plus

* Strong communication skills with an ability to bring teams to consensus despite various perspectives. Resilient in the face of skepticism

* Organized and detail oriented, with the ability to prioritize effectively, multi-task efficiently, and adapt to new situations in a fast-paced environment

* Fast learner who can get up to speed quickly in new situations with complex client, pricing, operational, and legal elements

* Passionate about problem solving and continuous learning. Willing and able to learn new approaches as business needs change

* Self-starter with ambitious work ethic, focus on execution, and professional disposition

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.