BlackRock Investment Stewardship (BIS) Analyst BlackRock Investment Stewardship (BIS) Analyst …

in New York, NY
Permanent, Full time
Last application, 17 Jan 22
in New York, NY
Permanent, Full time
Last application, 17 Jan 22
BlackRock Investment Stewardship (BIS) Analyst

About this role

As a fiduciary asset manager, BlackRock is committed to acting in the best long-term interests of our clients. We undertake our Investment Stewardship (BIS) activities to advocate for the sound corporate governance and sustainable business practices that supply to long-term value creation for our clients. In this way, we support BlackRock's purpose of helping more people experience financial well-being.

The BIS team is considered an investment function as it engages in proxy voting at portfolio companies to advance the economic interests of clients globally. The BIS team operates in ten offices across three regions - the Americas (New York, Delaware, and San Francisco), EMEA (London, Amsterdam, and Frankfurt) and Asia-Pacific (Tokyo, Hong Kong, Singapore, and Sydney). Analysts on the Americas team are based in BlackRock's New York office.

BlackRock strives to take a common approach to all of our engagement and voting policies and practices globally. BIS is responsible for coordinating, communicating, and carrying out these policies across 85 markets and approximately 17,000 shareholder meetings at which the firm votes each year. The BIS team leads approximately 3,500 engagement meetings with portfolio companies annually. Engagements are with senior corporate representatives and cover a wide range of environmental, social, and governance (ESG) matters in the context of a company's business model, long-term strategy and track record. They are a means for BIS to provide companies feedback and to take well informed voting decisions.

About the position:

The BIS Analyst with the lead proxy voting analyst covering companies in the U.S. financials sector. He or she will provide support on portfolio company analysis, engagement, and voting. The intention is for the person in this role to specialize in a subset of the companies in the sector, and possibly some aspects of relevant policy, to support the delivery of our annual and long-term objectives. He or she will report to the lead financials sector analyst.

Key responsibilities at the Analyst level include:

  • Learning BIS engagement priorities, proxy voting policies, and key industry initiatives that have impact on BIS principles

  • Developing expertise on common business practices and market ESG norms within the financials sector

  • Supporting lead sector analysts to implement BIS' corporate governance policies

  • Preparing for, participating in, and documenting engagement meetings with portfolio companies

  • Supporting data gathering and benchmarking to support voting decisions and policy positions

  • Preparing position papers to facilitate issue discussion with broader BlackRock audiences

  • Collaborating across the team to identify ways to improve business processes

The tasks involved in fulfilling these responsibilities include:

  • Supporting lead analysts in advance of engagement with senior representatives of portfolio companies, including creating preparation documents highlighting key data that will be useful in our engagement and stewardship efforts

  • Attending and documenting engagement efforts, including the preparation of research notes to be stored and shared with select audiences across BlackRock.

  • Participating in the monitoring of proxy voting workflow, to ensure all accounts are voted as intended and are in accordance with the appropriate guidelines

  • Supporting the development of ESG position papers

  • Monitoring policy developments to improve the relevance of BlackRock's principles and guidelines

  • Working closely with the lead analyst to analyze companies' shareholder meeting agendas and related materials in order to vote in the manner most consistent with BlackRock's corporate governance policies

  • Create reports for internal and external parties on BlackRock's corporate governance policies and activities

  • Collaborating with client-facing and communications colleagues to ensure client reporting and client presentations meet expectations, and that client queries on corporate governance are responded to promptly and to the client's expectations

  • Reviewing the BIS team's output and working practices to ensure risks are minimized and performance optimized

Desired qualifications include:

  • An undergraduate degree in finance, economics, accounting, or other relevant field

  • One year of experience within this field

  • A keen curiosity about corporate governance and sustainable business practices, ideally in relation to the financials sector

  • The ability to build and maintain successful relationships with colleagues across the firm and with external parties

  • The ability to prioritize, analyze, and resolve complex issues under time pressure

  • A diligent, focused, and persistent work ethic to implement while leading multiple tasks and changing priorities

  • An organized, self-reliant, and self-motivated approach to responsibilities

  • The ability to communicate clearly and persuasively in writing and orally

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.

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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