Senior Product Manager - Private Markets, Portfolio Management, Vice President
BlackRock · New York, United States · 29d ago
About this role
About BlackRock:
BlackRock is the world’s leading asset management firm and Aladdin is the central nervous system for investment professionals to see their whole portfolio, understand risk exposure, and act with precision. It is a $1BN+ technology business that has significant growth aspirations over the next five years. Being a part of BlackRock means being a part of a community of smart, results-oriented people who are pursuing some of the world’s most sophisticated financial challenges. And our founder-led culture has maintained its results-oriented feel — we work hard, we work as a team, and we work with purpose. Being a member of Aladdin Product means working with the best in the industry to build innovative products that shape financial markets.
Sitting at the intersection of business and technology, the Aladdin Product Management team works closely with developers, researchers, and other stakeholders to innovate, conceptualize, design and pilot new capabilities across the investment lifecycle. As a Product Manager within the Portfolio Management segment, you will have a positive impact on developing the product vision and leading day-to-day execution of the roadmap for Private Markets portfolio management solutions.
Role Overview:
We are seeking a Product Manager to support the development of Aladdin’s portfolio management capabilities, with a focus on Private Markets (inc. Private Credit). You will work closely with Private Markets portfolio managers and other investment professionals to understand their workflows, translate requirements into product features, and partner with engineering teams to deliver solutions that have real impact on the Private Markets investment process.
You are:
- An innovator passionate about building technical solutions in partnership with engineering teams to transform private market investing
- A self-starter who enjoys solving complex problems that deepen our understanding of end users
- Curious to learn new skills and willing to embrace work outside of your comfort zone
- Comfortable challenging the status quo and using your entrepreneurial spirit to create new solutions
- A team player who is energized by working in a fast-paced environment
We are:
- Passionate about building innovative solutions that meet the needs of our clients
- Comfortable challenging the status quo
- Curious about financial markets and the technology ecosystem
- Results oriented & metrics driven
- Committed to fostering a purpose driven culture and working horizontally to break down silos
Primary Responsibilities:
- Be a subject matter expert of Private Markets personas, workflows, and tools within the Portfolio Management space throughout the product lifecycle
- Collaborate with product managers and stakeholders to define and own Private Markets Portfolio Management product strategy, vision, and roadmap, aligning development with business objectives and client needs
- Demonstrate a deep understanding of business, stakeholder and client needs and articulate business value and product intent to delivery teams to ensure understanding and effective execution of new releases and features
- Plan, manage, and communicate release schedules, including tracking phases, milestones, features, user stories, and dependencies within and across releases
- Partner with engineering to determine technical solutions and delivery timelines
- Gather, evaluate & define detailed product requirements and product specifications by engaging directly with users to understand their needs, gather feedback, and identify opportunities for product enhancement and innovation
- Integrate client feedback and requests into product planning and development processes to continuously improve the offering
- Influence teams across Aladdin to drive forward strategic product decisions, which includes leading product governance forums and working groups, coordinating agendas, and summarizing decisions, next steps, and product readiness for stakeholders
- Develop, prioritize, and maintain roadmaps for the Private Markets portfolio manager build, provide quarterly updates on deliverables and create content for management communications
- Develop a strong understanding of competitors and industry trends
- Provide technical/industry expertise to both sales and clients directly on how to leverage the Aladdin offering to more effectively construct and manage their “whole portfolio” of private and public exposures
Skills & Qualifications:
- 5+ years of experience in either a) a product management, business analysis, client service, or consulting role that includes building and launching technology or b) in an investment-related or portfolio management role
- Interest in and knowledge of private markets and/or portfolio management workflows strongly preferred
- A collaborative mindset, with the ability to lead, influence and work effectively within cross-functional teams
- Commercial acumen and strong organizational skills to manage multiple priorities and execute efficiently
- Excellent written and verbal communication skills to present complex information clearly and concisely to stakeholders and clients
- Strong analytical and problem-solving skills, with the ability to make data driven decisions and deliver results quickly
- Deep understanding of and/or willingness to master the product and software development lifecycles
- Comfort working in ambiguous situations and proactively addressing complex business challenges
- Experience partnering with users to shape or deliver product solutions
- Bachelor’s degree in Finance, Economics, Engineering, Computer Science, equivalent practical experience
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
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
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.