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BlackRock · 1 day ago

Associate, Institutional - Foundations & Endowments

New York, NY

Full-time

Hybrid

Entry, Mid Level

2+ years exp

BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. The Associate in the Americas Institutional Business will support Relationship Managers and assist in developing sophisticated solutions for various institutional clients.

Asset ManagementCrowdfundingFinancial ServicesFinTechReal Estate Investment

Responsibilities

Participate as a key member of dedicated client teams serving all client segments including Family Offices, Foundations, Endowments, Healthcare and Official Institutions, based in New York, NY

Support Relationship Managers with all ongoing sales, service, and communication with clients and prospects

Assist with the development of sophisticated solutions for clients, from advisory solutions to comprehensive outsourced mandates

Handle projects around the development of our solutions business, including marketing and prospecting efforts, thought leadership, and events

Proactively maintain and develop prospecting efforts for new leads

Develop asset class proficiency across BlackRock's product range - including fixed income, equity, hedge funds, real assets, private equity, and private credit

Cultivate positive relationships with clients, becoming the 'go-to' person for account specific information, which can include security level (bonds, stocks, derivatives) information, portfolio investment performance, investment guideline compliance, clarifications and modification, cash inflows and redemptions in addition to broader, strategic initiatives

Collaborate with portfolio managers, investment product specialists, compliance officers, consultant relations staff, operations, and portfolio administration personnel to organize client meetings and coordinate presentation material content

Use BlackRock's proprietary systems to assemble security, capital market, and economic data to create a range of presentation materials including portfolio review books, board presentations, and marketing materials

Gather critical data to quickly respond orally and in writing to client information requests

Write and publish client meeting summary notes posted to firm wide client relationship management systems

Assist with new client on-boarding- supporting clients through the process of opening new accounts with BlackRock

Travel onsite to meet with clients in-person whether via one-on-one engagement or broader BlackRock institutional / industry events

Qualification

Institutional relationship managementAlternative investments knowledgeInvestment product proficiencySIESeries 73 licensesBA/BS in EconomicsFinanceAccountingClient service dedicationAnalytical skillsCommunication skillsTime managementProblem-solving skills

Required

An established track record (2+ years) in institutional relationship management and fundraising, preferably with a focus on alternative investments

Deep industry and investment knowledge. Strong proficiency across a wide range of traditional and alternative Investment products. Clear awareness of key issues affecting institutional investors. A working knowledge of our competitors

An established network of industry relationships, and their key stakeholders

BA/BS degree in related field (Economics, Finance or Accounting)

Has, or is willing to obtain, the SIE, series 7, 63, and 3 licenses