US Wealth Advisory Equity Product Manager

• Company

  BlackRock

• Location

  USA-NJ-Princeton

• Remuneration

  Not Specified

• Position Type

  Permanent

• Employment type

  Full time

• Updated

  18-Nov-2013

• eFC Ref no

  1309169

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  BlackRock's US Wealth Advisory Business is looking for an experienced mutual fund strategist to lead product management efforts for our equity mutual fund platform.   Primary responsibility of the role will be driving equity sales and retention across all USWA channels. Individual will work

 
BlackRock's US Wealth Advisory Business is looking for an experienced mutual fund strategist to lead product management efforts for our equity mutual fund platform.

Primary responsibility of the role will be driving equity sales and retention across all USWA channels. Individual will work closely with equity portfolio managements, sales, marketing and strategic product management to develop business plan and execute against that plan. Individual will lead strategic direction of equity platform from product positioning, product development, rationalization and annual product budgeting effort. The successful candidate will drive evolution of outcome oriented solutions, thematic selling and product positioning initiatives. A strong understanding of marketplace needs and exceptional marketing communication skills are essential.

Location:

Princeton, NJ, United States
New York, NY, United States

Primary Responsibilities:

• Partner with portfolio management, strategic product management, product marketing, product specialist, channel marketing and sales teams to develop comprehensive business plan and future vision of equity platform for USWA. 
• Drive positioning of BlackRock funds by articulating each fund's distinct investment process and competitive advantages and ensure consistent positioning with sales.
• Study and evaluate industry trends and asses new product offerings.
• Help define and position BlackRock's competitive advantage in the equity mutual fund landscape; understand industry dynamics and drivers of growth
• Conduct ongoing competitive analysis, strategy line up review and ongoing monitor of outcome oriented strategies against stated goal. 
• Regularly travel with sales force to understand feedback from FAs and reception of product message
• Work with product management team for mutual fund board reports and update, fund mergers and launches and evaluation of fund pricing. 

Measurement of success:

• Successfully reach goals for calendar year based on gross and net metrics
• Improve investor return metrics on strategies through clear articulation of client experience
• Receptivity of product positioning and strategies by sales force and FAs
• Ability to grow investor base for new strategies and maintain for more mature range 

Qualifications:

• BA/BS required
• CFA preferred; MBA a plus
• 10 years of financial services experience, preferably with a focus on mutual fund strategy, sales and equity product management. 
• Strong understanding of intermediary-sold mutual funds, industry trends, and differences between advisory and brokerage usage
• Strong capital market knowledge
• Ability to execute across teams and driver projects with input and feedback from key stakeholders
• Working knowledge of investment databases, including Morningstar, FactSet and Bloomberg
• Understanding of performance attribution, market factors and driver of returns across mutual funds and asset classes
• Solid interpersonal skills and ability to quickly form meaningful working partnerships and demonstrate leadership
• Superior writing and editorial skills
• Strong presentation skills and ability to deliver pertinent facts in concise

BlackRock is proud to be an E-Verify & Equal Opportunity/Affirmative Action Employer--M/F/D/V.


BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions -- from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

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