Director, Head of Product, SMA Tech Director, Head of Product, SMA Tech …

in San Francisco, CA, United States
Permanent, Full time
Last application, 13 Oct 21
in San Francisco, CA, United States
Permanent, Full time
Last application, 13 Oct 21
Director, Head of Product, SMA Tech

About this role

Head of Product, SMA Tech, Director

This product leadership role in Aladdin Wealth Tech is responsible for setting and implementing the product and technology roadmap for BlackRock's Separately Managed Account (SMA) business. We are on a journey to build out the industry's leading platform for outsourced personalized portfolios. SMA Tech is responsible for the technology footprint of our SMA business, responsible for building, buying, and operating the technology underpinning our ambitions.

SMA Tech is a multidisciplinary team of approximately 45 product managers, engineers, UX designers, and QA professionals. This role would lead and mentor the team of product managers and work closely with engineering, UX, and QA, as well as our sales, marketing, L&C, portfolio management, and operations colleagues across the SMA business. The role reports directly into the Head of SMA Tech.

We are looking for an exceptional individual with deep experience in the U.S. wealth management or SMA ecosystems, a proven ability to convert commercial insights into delivered technology, and a passion for the product management field, including developing a team at the forefront of the field.

About Aladdin Wealth Tech

Aladdin Wealth Tech is BlackRock's technology business serving the global wealth management industry. We bring the best of Aladdin's sophisticated portfolio construction and risk capabilities to the financial advisors, bankers, CIOs, risk managers, and business leaders of leading wealth managers, enabling them to deliver better, more personalized portfolios to their clients and to differentiate and grow their businesses. We are a distributed team of product, client, implementation, and analytics professionals pioneering the next generation of wealthtech capabilities.

Key Responsibilities

Set the roadmap. The product director is responsible for primary authorship of the product and technology roadmap, including establishing a technology vision for the business to which sequenced bodies of work ladder. The role is also expected to be a co-author of the commercial vision and strategy, extending beyond technology to influence the investment products and sales priorities of the business.

Implement the roadmap. Lead our team to convert the roadmap into robust specifications and efficiently develop those as enterprise-grade software. Own, design, and iterate on the SDLC in partnership with the engineering directors.

Market expertise. Deep knowledge of the U.S. wealth management ecosystem. Develops unique opinions about developments in the industry that can be converted into commercial strategies or technology deliverables. Harnesses this market expertise to drive how we position our offerings, prioritize our roadmap, and find opportunities for partnerships.

Product Management. Brings a depth of product management experience, a passion for infusing the subject area across the business. Able to author and complete ambitious and achievable roadmaps, to prioritize among competing opportunities, and to drive execution with UX and engineering counterparts.

Commercially Oriented. Understand the economics of the wealth market, technology firms, and BlackRock, with the end goal of identifying commercial partnerships that we should pursue.

Technical insight. Able to identify unique and commercial differentiated capabilities and frame decisions between organic and inorganic approaches to technology development. Able to envision and design technically-feasible integrations, leading detailed specification work with our product and engineering teams, and taking into account user experience, operational scale, and implementation cost.

Stakeholder management. Our SMA business spans niche functions including portfolio management, trading, operations, sales, marketing, L&C, and client service. These teams are our partners. The product director is expected to develop productive relationships with senior members of these teams and design and evolve the engagement models between SMA Tech and these teams.

Desired Qualifications

  • 10+ years of meaningful experience in wealth management or asset management in product management or technology-centric roles

  • Track record of developing and bringing new technology-centric products to market

  • Consistent ability to build and run a product management team and to lead a range of partners, including senior management

  • Demonstrated ability to synthesize market feedback to drive new product development or new commercial strategies

  • Excellent written and verbal communication skills, including the ability to deliver presentations and communicate up and down the organization

  • Strong interpersonal, problem-solving and planning skills

  • Strong technical abilities with an ability and desire to get in the weeds

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.

About BlackRock

At 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 | | Instagram: @blackrock | Twitter: @blackrock | LinkedIn:

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, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.
BlackRock logo
More Jobs Like This
See more jobs