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Vice President/Director, Alternative Investments External Wholesaler/Market Leader - Los Angeles

BlackRock

Vice President/Director, Alternative Investments External Wholesaler/Market Leader - Los Angeles

BlackRock

Los Angeles, CA

·

On-site

·

Full-time

·

1w ago

Compensation

$130,000 - $155,000

Benefits & Perks

Healthcare

401(k)

Flexible Hours

Learning Budget

Parental Leave

Healthcare

401k

Flexible Hours

Learning

Parental Leave

Required Skills

Sales

Relationship management

Financial advisory

Communication

About this role

Black Rock USWA Alts Sales is a specialized sales force that covers all channels, geographies and Alternatives products in partnership with the generalist relationship managers in US Wealth Advisory. The group has exceptional access to the investment teams, resources and strategies within Black Rock and is tasked with identifying and creating solutions for clients using Black Rock’s broad expertise across investment capabilities. Black Rock’s objective is no less than to be the world’s preeminent provider of Alternative investment solutions within the wealth segment.

The individual will be responsible for working with generalist relationship managers to deliver Alternatives education to financial advisors and introducing our Alternatives platform and investment solutions. The individual will be responsible for supporting the broader Alternatives sales and engagement strategy within U.S. Wealth Advisory, maintaining key client and prospect relationships to grow our business and assets under management.

Role and Responsibilities

  • Execute the alternative sales campaign strategy. Serve as central point of contact and key representative from distribution to senior stakeholders and portfolio managers in Alternatives.

  • Build robust and lasting sales dialogues with Alternatives Power Users at third party intermediaries, bringing a deep subject matter expertise of Black Rock’s investment platform to the sales process, and being accountable for significant asset growth.

  • Manage centers of influence client relationships at a senior level within the market to elevate Black Rock’s overall local relationship.

  • Work with distribution partners in various client segments within US Wealth Advisory to drive new business opportunities.

  • Actively supporting the existing relationship managers’ sales efforts with clients and prospects as an alternative’s expert.

  • Clearly and concisely articulate multiple product characteristics and Black Rock Alternatives Platform narrative to sophisticated financial advisors.

  • Initiate education and sales activity with financial advisors not currently engaged in discussions with Black Rock.

Experience, Skill, & Qualities

  • Proven sales background – track record of building strong financial advisor relationships and being viewed as a “trusted advisor”.

  • Ability to drive results in an autonomous working environment and in close collaboration with colleagues within and across business units.

  • Capacity to move effectively and efficiently between engaging with financial advisors, relationship managers and product specialists to provide value added perspective and deliverables.

  • Strong communication skills – ability to clearly and concisely articulate product and platform characteristics to sophisticated investors both in written work and presentations to large and small audiences.

  • Passion for the financial markets and alternatives asset class.

  • Ability to lead by example – high ethical standards and strong work ethic.

  • Minimum 7-10 years’ experience, 5+ years’ experience wholesaling preferred.

Education and Credentials

  • Series 7 and 66 required. Graduate degree or CFA, CAIA Preferred

USD**$130,000.00** - USD**$155,000.00** . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. Black Rock 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

Black Rock’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 Black Rock.

About Black Rock

At Black Rock, 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 Black Rock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Black Rock 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.

Black Rock 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.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.

Black Rock 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.

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About BlackRock

BlackRock

BlackRock

Public

Multinational investment company.

10,001+

Employees

New York City

Headquarters

Reviews

3.5

5 reviews

Work Life Balance

2.2

Compensation

3.5

Culture

3.0

Career

4.2

Management

2.8

Pros

Fast-paced learning and development opportunities

Advanced technology and global platform

Good benefits and retirement packages

Cons

Poor work-life balance

High stress and competitive environment

Toxic work culture in some areas

Salary Ranges

7,021 data points

Junior/L3

L2

L3

L4

L5

L6

Junior/L3 · Analyst

1,924 reports

$118,963

total / year

Base

$100,050

Stock

-

Bonus

$18,913

$81,954

$175,627

Interview Experience

6 interviews

Difficulty

3.3

/ 5

Duration

14-28 weeks

Offer Rate

17%

Interview Process

1

HireVue

2

Online Assessment

3

Final Round/Superday

Common Questions

Technical interviews

Behavioral questions

Role-specific assessments