BlackRock, Inc

Director, Institutional - Defined Contribution Plans

BlackRock, Inc$200K — $270K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in institutional relationship management and fundraising.
  • Proven sales success in an autonomous and collaborative environment.
  • Deep investment knowledge across various investment products.
  • Strong understanding of financial issues affecting Defined Contribution plans.
  • Excellent interpersonal skills to establish credibility with clients.
  • Experience partnering with consultants for opportunity development.
  • Strong work ethic and ability to lead by example.
  • BA/BS degree in a related field.
  • Willingness to obtain series 7, 63, and insurance licenses.

Responsibilities

  • Design and implement sales strategy for large DC clients and prospects.
  • Identify and pursue new investment opportunities through client dialogues.
  • Meet revenue and sales activity targets effectively.
  • Develop a coherent narrative around competitive advantages and investment capabilities.
  • Build product fluency across BlackRock's investment options.
  • Log client activities in CRM systems promptly.
  • Collaborate with internal partners to meet client needs.
  • Mentor junior team members and contribute to their development.

Benefits

  • Strong retirement plan.
  • Tuition reimbursement.
  • Comprehensive healthcare coverage.
  • Support for working parents.
  • Flexible Time Off (FTO) for rest and personal care.
  • Hybrid work model supporting collaboration and flexibility.
Full Job Description
About this role

Job Description:
  • Design and implement a sales strategy for $500mm and larger DC clients and prospects within the Institutional Defined Contribution business.
  • Identify and diligently pursue new investment opportunities through consultative dialogues with investors. Focus on strategic products for the group as well as mandates that will have the most commercial impact.
  • Meet predetermined targets for net-new revenue and sales activity.
  • Effectively develop a cohesive and consistent narrative around the firm's competitive advantage, investment capabilities, industry positioning and the DC landscape.
  • Develop product fluency across BlackRock's investment options including but not limited to LifePath, Fundamental Fixed Income, Systematic Active Equity and our Index platform.
  • Record client activities and opportunities in CRM systems on a timely basis.
  • Work collaboratively with partners within BlackRock to meet clients' needs and objectives.
  • Lead support staff on assigned accounts to service clients and implement sales strategy.
  • Mentor junior team members and contribute to the staff's overall development.


Qualifications:
  • 8+ years of established track record in an institutional relationship management and fundraising.
  • Proven sales background - ability to drive results in an autonomous working
    environment and in close collaboration with colleagues across business units. Track record of building strong client relationships and being viewed as a "trusted advisor". Experience in raising capital for institutional products.
  • Deep investment knowledge. Strong proficiency across a wide range of Investment products.
  • Deep industry knowledge, including clear awareness of key issues and financial issues affecting Defined Contribution plans.
  • Strong interpersonal skills to establish credibility with key stakeholders both internally and externally.
  • Track record of partnering with consultants and/or consultant relations professionals to drive new opportunities and service existing clients.
  • Collaborative and cooperative approach to a team-based sales and service model
  • Ability to lead by example - high work product standard and strong work ethic
  • BA/BS degree in related field.
  • Has, or is willing to obtain, the series 7, 63, and insurance licenses.


Competencies:

The ideal candidate will possess the following skills/traits:
  • Self-managed, highly driven by relationship management and revenue generation.
  • Proven intellectual ability and interpersonal skills. Able to establish credibility with and influence the institutional investor community.
  • Highly effective in forging working relationships with team members and business counterparts. Ability to inspire and motivate the team to deliver high levels of performance.
  • Excellent verbal, written communication and presentation skills.
  • Strong time management, organizational and problem-solving skills.
  • Strong professional and personal integrity.
For San Francisco, CA Only the salary range for this position is USD$200,000.00 - USD$270,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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.

Our hybrid work model

BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

About BlackRock, Inc

BlackRock is an investment management company that provides its services to a diverse range of clients, including institutions, intermediaries, foundations, and individual investors. The firm operates as a global asset manager, overseeing and advising on a wide array of investment portfolios. In addition to its role as an investment manager, BlackRock is also known for its technological innovations and solutions that support various aspects of the financial industry. The company's multifaceted approach encompasses investment management, financial technology, and serving a broad spectrum of clients in the financial ecosystem.

BlackRock, Inc Careers

Join the dynamic team at BlackRock, Inc, a premier global investment management firm, where innovation meets professional excellence. BlackRock offers unparalleled job opportunities in the finance sector, making it an ideal place for ambitious professionals to grow and excel. Work You’ll Do At BlackRock, Inc, you will be part of a culture that values diversity, leadership, and continuous growth. Engage in work that makes a real impact on the global economy, helping clients meet their investment goals while contributing to sustainable economic growth. Our team at BlackRock is composed of highly skilled professionals who lead the industry not just in assets under management but in ideas and innovation. Here, your skills will be honed through rigorous training and your career path will be as dynamic as the markets we navigate. BlackRock, Inc’s Leadership and Development Step into a role that challenges and excites with every project. BlackRock, Inc is not just hiring; we are building a future where every team member is equipped to lead. We believe in nurturing leadership through hands-on roles and comprehensive diversity training programs. Internship and Employment Opportunities Start your career with a BlackRock internship, where you will gain not just valuable work experience but also insights into our unique approach to investment management. Our internships are the first step to full-time employment, offering a deep dive into financial services with real responsibilities and learning opportunities. Benefits and Growth At BlackRock, Inc, we understand that our company’s success depends on the growth and satisfaction of our team. That’s why we offer competitive benefits designed to support your life, both at work and outside of it. From health and wellness to financial planning, we ensure our team is well taken care of. Innovation at Every Level Innovation is at the core of BlackRock, Inc. We invest in technology and ideas that redefine the boundaries of financial services. Our commitment to innovation is reflected in how we solve the industry’s biggest challenges and how we serve our clients. Networking and Professional Development Enhance your career with BlackRock’s expansive networking opportunities. Connect with industry leaders, participate in global forums, and collaborate with teams that champion creativity and forward-thinking. Our networking events are designed to foster connections that lead to groundbreaking solutions. Join Our Team Explore the job opportunities at BlackRock, Inc and find the position that matches your skills and ambitions. We are looking for curious, driven, and innovative individuals to join our team. Check out our open positions and prepare your resume for an exciting journey in the world of finance. Stay Connected Keep up to date with the latest from BlackRock, Inc Careers through our dedicated careers blog. Gain insider perspectives that can help you before, during, and after the interview process. Learn from the best and become a part of a company that’s shaping the future of finance. Job Alert Emails Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities waiting for you at BlackRock, Inc. Join BlackRock, Inc and be part of a team that’s dedicated to creating a better financial future for our clients worldwide. Your path to professional excellence starts here.
Learn more about BlackRock, Inc
Market Cap
$105.5 billion
Industry
Net Income
$4.9 billion
Founded
1988
5 Year Trend
+9.6%
Revenue
$16.2 billion
NASDAQ

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