AI Strategist – West Coast recruitment
BlackRock takes a dynamic approach to alternative investments, creating investment vehicles designed to capitalize on evolving opportunities in fast-changing markets. We offer clients strategies designed to provide returns with low correlations to the broad equity and bond markets, including private equity, real estate equity and debt, funds of hedge funds, single-strategy hedge funds, long-only absolute return strategies, commodities and structured products. Our alternative investment capabilities are fully integrated into BlackRock, allowing investment teams to capitalize on the firm's considerable resources in areas such as risk management, product development, client service and operational support.
BlackRock Alternative Investors (BAI) is responsible for business and product strategy for over $100 billion in alternative assets under management at BlackRock today, through our single strategy hedge funds and opportunistic funds, funds of hedge funds (BAA), private equity, funds of private equity funds (PEP), real estate and real assets platforms.
With global alternative industry assets under management now surpassing $5 trillion, we continue to witness increasing demand for innovative, value added alternative investments products from institutions, foundations and endowments, as well as high net worth investors and their representatives. BAI represents a significant opportunity for our clients. In partnership with our Global Client Group (GCG), BAI will coordinate product prioritization, development and distribution in order to meet our clients' needs and a common operations and administration platform that will exceed client expectations by partnering with our Operations and Administration groups. BAI is also charged with identifying and executing upon growth opportunities to expand the range of our products, leveraging the global insights and capabilities of our firm. BlackRock's objective is no less than to create the world's preeminent provider of alternative investment solutions.
The BAI Alternative Investment Strategy Group (AISG), which resides within BAI, is charged with working closely with client, portfolio management and other teams at BlackRock to develop, position, and sell BlackRock's platform of alternative products to clients globally. They will also work with GCG on sales planning and strategy activities such as client segmentation, relationship mapping, intellectual thought piece creation and results tracking and monitoring.
BlackRock is looking for a AI Strategist to help lead these efforts.
Key responsibilities will include:
- Serve as a product specialist for all alternative investment funds being offered to Retail investors: mass retail, accredited investors and high net worth individuals. Supplement the coverage of the fund specific product specialist teams.
- Know the key characteristics of each Retail AI fund. Travel extensively with BlackRock fund wholesalers, work with them to present to clients, perfect their marketing presentation of each fund, supply or focus them on updated information, provide general AI education to clients, and help work with their FA clients to solve portfolio construction problems.
- Partner with the product specialists for each fund to deliver fund information in a retail friendly format, keep the sales force informed, and support the outreach of the portfolio teams.
- Form deep relationships with the wholesalers, help improve their business, and feedback product development ideas for future funds.
- Provide systematic feedback on the sales process and progress in each region to improve the effectiveness of AI fund asset gathering and retention.
- Help generate useful intellectual content that will improve the marketing process and the end investors' understanding of alternatives.
Qualifications:
- At least 7-10 years of comparable industry experience
- Polished written, verbal and interpersonal communication skills ·
- Experience working collaboratively and cooperatively when approaching tasks
- Disciplined organization and project management skills
- Ambitious work ethic and proven professional disposition
BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer--M/F/D/V.
Skills
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.