BDA Manager recruitment
The iShares brand was launched in 2000 and has since become the leading ETF provider with over $450 billion in assets under management globally and just under 50% US ETF industry market shares as of October 2009. iShares runs almost 400 ETFs globally, holding securities in various asset classes ranging from US domestic equity to fixed income, to emerging and frontier markets. The target audience for iShares includes intermediaries (financial advisors) and institutional investors.
iShares ETFs are built around indices by virtually every leading index provider: Barclay's Capital, Cohen Steers, Dow Jones, FTSE, FSTE/Xinhua, iBoxx, JP Morgan, Morningstar, MSCI, NASDAQ, NYSE, Russell and Standard Poor's. They are diversified like typical index funds, but trade like an exchange listed security, with the advantages of transparency, cost- and tax- efficiency, and index exposure. The iShares business believes its competitive advantages lie in the depth and breadth of its products, the unique expertise and service of its client relationship teams, and its brand strength.
BlackRock is one of the world's leading providers of investment, advisory and risk management solutions. We are a truly global firm that combines the benefits of worldwide reach with local service and relationships. We manage assets for clients in North and South America, Europe, Asia, Australia, the Middle East and Africa. The firm employs more than 10,100 talented professionals and maintains offices in 27 countries around the world. Our client base includes corporate, public, union and industry pension plans; governments; insurance companies; third-party mutual funds; endowments; foundations; charities; corporations; official institutions; sovereign wealth funds; banks; financial professionals; and individuals worldwide.
As of December 31, 2011, BlackRock's assets under management total US$3.513 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. Through BlackRock Solutions® -- the natural evolution of our long-standing investment in developing sophisticated and highly integrated systems -- we offer risk management, strategic advisory and enterprise investment system services to a broad base of clients with portfolios totaling approximately US$10 trillion.
Blackrock is seeking an influential, coaching-oriented candidate to lead + develop a team of internally-based Business Development Associates (BDAs). Our BDA team focuses on wealth manager relationships and creates new business development + distribution opportunities within their specific sales channel. The ideal candidate will bring a wealth of experience + demonstrated success in leading a sales team focused on:
- Product Distribution
- Portfolio Construction
- Capital Markets + Investment Research
- Business + Personal Development
This position is located in our New Jersey iShares Sales Office, will report to the Director of Internal Sales and will be an integral part of the sales management team within iShares.
Responsibilities:
- Leads their respective sales channel to distribution success while fostering a collaborative + client-focused environment within the team, the office and across the iShares business.
- Develops a high level of passion, creativity and focus among their team and uses it to improve our ability to serve clients.
- Uses their industry experience to develop their personnel and creates both individual and group approaches to coaching performance.
- Conducts regular and quarterly performance reviews, and offers both personal development coaching and performance assessments.
- Contributes across the business and is able to impact the success of their cross-channel partners + colleagues: National Accounts, Sales Strategy, Product Development
- Maintains exemplary compliance standards, and manages team attendance and expense reporting administration.
Qualifications:
- BA/BS degree required; graduate degree preferable
- NASD Series 7, 63/65 and 24 securities licenses required
- CIMA, CFP, CFA or wealth management certification strongly preferred
- 7+ years experience with an established asset management firm strongly preferred; will also consider candidates with a background as wealth manager or investment specialist
- Exceptional verbal, written, technology and communication skills
- Clean U-4 required
BlackRock is proud to be an E-Verify 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.