BlackRock Defined Contribution Platform Associate

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • BlackRock
  • 25 Sep 16

BlackRock Defined Contribution Platform Associate

Description :

With two-thirds of the funds we manage related to retirement-BlackRock understands that our firm has a special responsibility to assist people all over the globe to live out their later years with dignity and security

Within the Client Businesses Group, we pride ourselves on creating, communicating, and delivering investment solutions to clients worldwide. It's our mission to lead the way with better retirement outcomes and investment solutions and keep our clients at the center of everything we do - in an ever-changing investment landscape, it's up to us to provide real solutions to our clients' problems.

To that end, we have teams of professionals with knowledge in the many functions that combine to make this effort successful and sustainable, including relationship management, marketing, sales, client service, and product development and management.

We serve institutional and retail clients in more than 60 countries, including pension funds, foundations, endowments, official institutions, insurance companies, sub-advisory relationships, high net worth individuals, family offices, and private banks. Further, we work to cultivate relationships with key distributors of our investment products, such as broker-dealers, banks, registered investment advisers, financial planners, insurance companies, and building societies.

BlackRock's U.S. Defined Contribution Group is one of BlackRock's most interesting and exciting businesses and has been recognized as a primary engine for future revenue growth. By focusing on sales of BlackRock products through Defined Contribution plan platforms and as distributed by wirehouses, banks, independents and Registered Investment Advisors, U.S. Defined Contribution has helped solidify BlackRock's position as a top provider of defined contribution plan investment solutions.

You will be assisting the US & Canada Defined Contribution Group (USCA DC) intermediary distribution team in attracting, retaining, and growing new and existing defined contribution clients within the DC Platform Team. BlackRock's USCA DC business delivers the firm's investment expertise, plan design insights, and tailored participant communications to clients with 401(k), 403(b) and 457 retirement plans. With over $600bn in assets under management, BlackRock is the largest DC investment-only manager in the US.

Responsibilities

  • Develop, forge and maintain successful relationships with key platform contacts supporting DC sales and retention strategies.
  • Proactively implement distribution strategies to grow DC assets under management, with an emphasis on core investment options and target date strategies.
  • Engage in intensive and extensive on site, telephone, and written contact with platform sales and service team members.
  • Field, respond to, and accommodate day-to-day client requests regarding support, marketing, and distribution strategies, leading to addition and retention of BlackRock DC assets.
  • Track activities and maintain contact information in CRM.
  • Coordinate and structure presentation materials for sales, retention, and training meetings.
  • Expand knowledge about products, and services and sales techniques to provide consistently improved assistance.
  • Work on special projects as assigned.
  • Support the DC Team's integration efforts with US Retail.

Skills and Requirements
  • Bachelor's degree required (MBA, CIMA, CFP, CFA a plus).
  • Series 7 and 63/65 or 66 is required.
  • 3+ years of related experience.
  • Strong defined contribution plan and market understanding.
  • Knowledge of the equity and bond markets as well as asset allocation strategies.
  • Exceptional written and verbal communication skills.
  • Thrives in a fast-paced environment with a proactive, "can do" attitude.
  • Organized and detail-oriented with strong time management skills.
  • Effective team player; able to work with people of all levels.
  • High level of self-motivation with strong integrity and ethics.

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, disability, veteran status, and other statuses protected by law.