BlackRock Pricing Strategy and Analytics Associate in New York, New York
About this role
The Pricing Strategy and Analytics team is a nimble team within the Global Product Group that plays a central role in cross-functional discussions involving pricing, particularly around material pricing discussions and innovative fee structures for large clients. Given the importance of pricing in the asset management industry, the Pricing team was created in 2018 and continues to play a critical role in key pricing discussions and building pricing processes for BlackRock.
Your role and impact
Our team is part of BlackRock's Global Product Group (GPG) team, which works to bring innovation, discipline, and focus to BlackRock's investment product line by partnering with Client Businesses, Investment Teams, and Corporate Functions on product priorities. Our team brings discipline to pricing across BlackRock by reviewing fees based on key considerations and building processes around complex pricing arrangements. We partner closely with Product Strategy and Client teams to create pricing analyses to get to the right price for strategic client negotiations. We create and socialize pricing best practices based on key pricing themes with BlackRock partners. We execute on longer-term, strategic pricing projects with teams across BlackRock and we analyze industry and firm pricing trends across business lines and asset classes.
The Pricing team is currently based in New York and Budapest but plays a global role working with key partners across teams and regions at BlackRock, including Product Strategy, Client Business, and Corporate Functions teams.
Build pricing analyses, write memos, and create presentations on strategic pricing discussions across BlackRock
Collaborate with various partners on pricing discussions and strategic projects. Consider various perspectives to get to a collective solution
Review pricing proposals for potential knock-on effects to other parts of BlackRock's book
Review and modify contract language around pricing to minimize risk to BlackRock
Collect, document, and analyze fee discussions across the firm and based on asset class, region, and client type. Communicate themes and takeaways from these discussions in presentations
Bachelor's degree or equivalent in Mathematics, Engineering, Statistics, Finance, or a related field of study
2+ years of experience in the asset management industry is preferred
Strong Excel financial analysis and PowerPoint presentation skills. Experience with SQL is a plus
Strong communication skills with an ability to bring teams to consensus despite various perspectives. Resilient in the face of skepticism
Organized and detail oriented, with the ability to prioritize effectively, multi-task efficiently, and adapt to new situations in a fast-paced environment
Fast learner who can get up to speed quickly in new situations with complex client, pricing, operational, and legal elements
Passionate about problem solving and continuous learning. Willing and able to learn new approaches as business needs change
Self-starter with ambitious work ethic, focus on execution, and professional disposition
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.
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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
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.