Global Head of Product Strategy, Private Market Solutions - Managing Director

Company: ENGINEERINGUK
Location: New York
Posted on: March 9, 2025

Job Description:

Global Head of Product Strategy, Private Market Solutions - Managing DirectorAbout this roleBlackRock is the world's largest asset manager, providing global investment management services with AUM of over $10 trillion. BlackRock's Private Markets and Alternatives platform is a major growth engine for the firm. It represents over $300 billion of AUM across various investment capabilities including private equity, private real estate, private infrastructure, private credit, and hedge fund strategies.BlackRock's Multi-Alternatives (Multi-Alts) team sits within the broader Multi-Asset Strategies & Solutions (MASS) Group. The MASS team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of BlackRock's index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and groundbreaking alpha insights. MASS constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels.BlackRock's Multi-Alternatives (Multi-Alts) team sits at the heart of BlackRock's Alternative platform, collaborating across investment teams and capabilities. The mission of Multi-Alts is to craft commingled and customized vehicles that take advantage of changing market opportunities by using the full breadth of the firm's capabilities.Position Overview:We are seeking a candidate to lead the global product strategy function for private market solutions with Multi-Alts. Bringing together the firm's private market capabilities and external GPs to build solutions for clients across the private market spectrum. This includes supporting clients with performance goals, deployment, liquidity management, and other features.This critical leadership role strives to create large new revenue streams at the forefront of the Democratization of Private Markets. BlackRock is at the forefront of this trend, evidenced by significant acquisitions across private market franchises and technology. With a broader client base than many pure-play alternatives competitors and a reputation as a fiduciary solutions leader and risk manager, BlackRock is uniquely positioned to lead in this space.Key Responsibilities:

• Ownership of ambitious revenue targets and the strategy/execution to achieve them, including new regions, client types, and pooled vehicles.
• Direct oversight and engagement with the largest and most complex client relationships.
• Leadership of key senior channel relationships and alignment to create and implement joint client engagement.
• Leadership of a growing team, developing client-facing investment talent.
• Advocacy for resources and firm-wide focus on this business linked to revenue growth, in collaboration with the Head of Multi-Alternatives within MASS.
• Fostering strong relationships with downstream alts teams at BlackRock, ensuring tight commercial alignment with product strategy leads.
• This role includes membership in MASS and Multi-Alternatives leadership forums.
• This individual will report directly to the Head of Multi-Alternatives, MASS.Skills and Experience:
  • At least 15 years of working experience in a product strategy, fundraising and investor relations role.
  • Strong investment experience in Private Markets, with the ability to engage credibly with client-side alts specialists and maintain multi-year relationships with senior client-side stakeholders in alternatives.
  • Proven experience in driving commercial outcomes with clients, preferably generating material new revenue through the mobilization of sales teams.
  • Demonstrated excellence in the Strategist function, including superb commercial execution, client service outcomes, and talent development.
  • Deep experience and understanding of global Investment markets for Private Markets, preferably Wealth, FOFE, and Defined Benefit client segments. US experience valued.
  • Strategic acumen linked to implementation/execution, with a proven ability to drive revenue from new markets/business lines.
  • Solutions sales mentality/experience in addition to investor relations and product execution.
  • Ability to navigate the firm and drive corporate outcomes, such as product development and securing seed/capital.
  • Outstanding people leadership and culture-building skills, encouraging a high-energy, high-achievement culture balanced with respect and warmth.
  • Structuring experience is useful but not essential.Salary and Benefits:For New York, NY Only the salary range for this position is USD$270,000.00 - USD$350,000.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including health 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 benefitsTo 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 modelBlackRock'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 BlackRockAt BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.For additional information on BlackRock, please visit @blackrock - Twitter: @blackrock - LinkedIn: www.linkedin.com/company/blackrockBlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law.BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.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.
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Keywords: ENGINEERINGUK, New York , Global Head of Product Strategy, Private Market Solutions - Managing Director, Executive , New York, New York