VP, Product Manager - Portfolio Management

About this role

Team Overview

BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations.

  

About this Role

We are looking for a Portfolio Management Product Manager within our Direct Indexing Equity team.

This role will lead business initiatives to scale processes and systems, improve efficiencies and reduce errors, focused on the Portfolio Management group. The candidate will bring a deep understanding of end-to-end investment management processes to drive our portfolio management systems forward.

The ideal candidate will be a structured thinker, one who possesses technical awareness and can support a fast-growing business. A strong team player is critical, as they will work creatively and collaboratively with colleagues across a wide range of departments. They will bring excellent technical skills, an intellectual curiosity, and a “get the job done” mentality.

Key Responsibilities:

•    Lead strategic initiatives by collaborating closely with stakeholders and end-users, driving innovation, customization, and efficiency within Direct Index Equity portfolio management.

•    Project Management

• Act as the central point of contact between business users and development teams for both new and existing portfolio management systems.
• Ability to synthesize requirements that balance objectives with resource constraints, deadlines and the demands of a live trading environment.
• Own the project governance including communication of status and management for associated projects.
• Drive adoption of new features and changes to the portfolio management system by working closely with end users, engineers and testers.

•    Business Analysis

• Document current state processes, perform gap analysis, and guide future state process design to enable scalable growth.
• With a focus on user experience and workflow, capture business requirements and translate and prioritize them into system requirements for developers and testers.
• Provide support to business users by investigating time sensitive issues with an ability to triage and prioritize conflicting demands.

Requirements:

• 5-8 years of direct relevant experience supporting and driving change with portfolio management teams. 
• Bachelor’s degree in finance, economics, computer science, engineering or a comparable field, or equivalent professional experience demonstrating similar competencies.
• Experience working in equity SMAs.
• Experience working with systems developers on custom software, preferably in an agile environment.
• Strong organizational navigation skills with the ability to build and maintain relationships across all levels.
• Demonstrated project management prowess with a track record of delivering results and the ability to present complex ideas effectively.
• Proven ability to work autonomously as well as collaboratively within a dynamic team setting.
• Self-motivated with the capacity to navigate ambiguity and take initiative in uncertain situations.
• A relentless focus on precision and accuracy in all aspects of work.
• Experience with databases and writing SQL queries.

For San Francisco, CA Only the salary range for this position is USD$162,500.00 - USD$215,000.00 . 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 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work toge