Senior Private Credit Business Development Manager (Returnership Program)

About this role

The Returnership Program

We recognize talent professionals with different backgrounds and experiences bring a unique and valued perspective to BlackRock. The Returnership Program is designed to encourage and support a return to full-time work through a six-month paid Returnship starting in September 2023.

Upon completing the program, successful participants will be offered permanent employment at BlackRock.

How we will support you:

• Provide a mentor and buddy for your day-to-day questions
• We will offer a variety of employee networks to help you integrate into the business and culture
• Provide coaching and peer support

To qualify for the program, participants must have the following:

• Must be authorized to work in the U.S.
• A career break of at least 18+ months
• Prior experience in Investment Management or Financial Services

Role: Senior Private Credit Business Development Manager

This role will support the overall credit business through oversight across numerous functions including business unit forecasting, fund profitability assessments, risk and controls, compliance, technology and operations, new product development initiatives, and investment governance. The ideal candidate will be experienced in handling a wide range of tasks and will be able to work well independently as well as in a team environment. The candidate must be extraordinarily well organized, flexible and enjoy the challenges of working on multiple tasks across a variety of Credit asset classes.

Key responsibilities:

Supporting the Global Credit team with a focus on Business Management / Product Strategy.

Business Management

• Partnering on office evolution, bridging the gap across local functions/requirements and drive efficiencies across departments
• Work closely with strategy teams, senior management, and local business leaders to support strategic objectives
• Proactive approach to solving clients’ investment-related, business, and operational issues by serving as the liaison between the investment team and all other areas of BlackRock (compliance, legal, operations, marketing, and sales)
• Leading all aspects of day-to-day office management activities, as well as business transformation projects
• Partner closely with COO team by supporting expense and invoice review process, on-boarding and Day-to-Day team operations

Product Strategy

• External and internal communications
• Provide reporting support for earnings and performance, etc.
• Responding to Investor inquiries and requests
• Work in close partnership with BlackRock’s Institutional and Retail Client Business teams, Credit Portfolio Managers, Alternative Specialists and others in Product Strategy to provide coordinated client coverage

Skills, experience, and education:

• A high level of attention to detail
• BA/BS degree
• Excellent organizational, time management and prioritization skills with proven ability to manage and succeed in driving multiple projects forward simultaneously
• Excellent communication skills (written and verbal).
• Ability to work independently and assume additional responsibilities as required
• 5+ years of experience, preferably at a large global organization in the financial services industry.
• Experience working in Credit markets
• Discretion in dealing with confidential information in all aspects of work
• Strong proficiency and demonstrated experience working in all Microsoft Office applications, particularly Microsoft Excel and PowerPoint

For New York City only: The salary range for this position is $155,000 – $185,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.