Associate, Financial Institutions Group Relationship Manager

About this role

Within the Client Businesses Group, we pride ourselves on creating, communicating, and delivering investment solutions for clients worldwide. We have teams of professionals with expertise in the many functions that make this effort successful and sustainable, including relationship management, marketing, sales, client service, and product development and management. The Financial Institutions Group (FIG) is responsible for developing and maintaining relationships with sophisticated taxable institutional investors worldwide. The group is the industry's largest manager of insurance company assets, and our insurance practice is a strategic focus of the firm.

 

Responsibilities:

• Coordinating day-to-day delivery of BlackRock's asset management and associated services, including:

  • Accurate and timely client reporting

  • Preparation for and participation in client market and portfolio reviews

  • Design, ownership, and delivery of complex and/or ad hoc client requests

  • Managing portfolio compliance to client guidelines

• Engaging BlackRock’s capabilities and organization on behalf of our clients

• Building and maintaining strong relationships with insurance and other taxable senior client counterparts, including:

  • Anticipating client needs and prompt responses to client inquiries

  • Cultivating an awareness of client specific investment and operational priorities and sensitivities

• Developing expertise in our client’s industry dynamics and trend as well as their specific positioning

• Learning fundamentals of insurance financial statements, regulatory and accounting trends

• Supporting new business and product development, including:

  • Supporting account plan development and execution for current clients to expand relationships

  • Developing knowledge of BlackRock products and services

  • Initiating and designing client specific solutions

• Supporting implementation, including account set up, guideline development and establishing service needs

 

Skills and Qualifications - Ideal candidates will possess the following:

• 2 – 5 yrs experience working in the financial services industry, preferably with insurance companies in a client coverage capacity

• Proven analytical and critical thinking skills

• Extremely detailed oriented

• Ability to think proactively and anticipate needs, issues from an external and internal perspective

• Ability to multi-task in a fast paced environment

• Experience in contributing to high quality client service, particularly with insurers or institutional clients.

• Knowledge of fixed income markets and instruments

• Proven understanding of the core tenets of insurance investing

• Excellent written and oral communication skills

• CFA Level I or more a plus

For New York, NY Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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 together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are a