Associate, Corporate Development

BlackRock•New York, NY

1d•$105,000 - $137,500•Hybrid

About The Position

BlackRock’s Corporate Strategy and Development group is responsible for supporting the firm in positioning BlackRock to generate robust, long-term growth and shareholder value creation. Our Corporate Strategy team formulates and executes enterprise-level vision and strategy, informs business-level strategies, and drives large multi-functional, cross border assignments and initiatives for the firm. Our Corporate Development team is responsible for realizing enterprise- and business-level strategic priorities inorganically by sourcing, assessing, and executing acquisitions, divestitures, joint ventures, strategic investments, and partnerships. As an Associate, you will help drive BlackRock’s inorganic strategy in support of the firm’s long-term growth priorities. You will be an integral part of the team, contributing to some of the firm’s most impactful and dynamic projects.

Requirements

Bachelor’s or equivalent degree with strong record of academic achievement; MBA desirable
At least 2 and no more than 5 years relevant work experience; financial services M&A and capital markets background in investment banking and/or private equity
Strong knowledge of financial institutions, including asset & wealth management, financial technology, insurance, capital markets, and banking industries
Familiarity with the end-to-end transaction life cycle, including sourcing, deal structuring, due diligence, financial analysis, documentation, and integration
Excellent problem-solving, quantitative, and analytical skills alongside strong familiarity with financial statement analysis, valuation, and financial modelling
Experience contributing to cross-functional project teams
Superior communication skills and ability to clearly articulate recommendations to internal and external audiences across all levels of seniority

Nice To Haves

A passionate interest in financial markets and the asset management industry
A desire to work in a high-energy environment with a dedicated commitment to excellence
An ability to work as a team player, accept substantial individual responsibility, and proactively create value for the team

Responsibilities

Contribute to the evaluation of business opportunities globally including acquisitions, divestitures, joint ventures, strategic investments, and partnerships based on BlackRock’s firm-wide strategic priorities
Work with senior management and business unit leaders to determine strategic objectives and identify inorganic opportunities to meet these goals
Evaluate and analyze transactions across the asset management and financial technology industries
Drive the cross-functional due diligence process in partnership with business unit leaders, internal functional experts, and outside advisors to support execution of transactions
Ability to own financial modeling and valuation analyses to assess synergy capture, returns on invested capital, pro forma impact to financial statements, and shareholder value creation analysis
Synthesize data into high-quality presentations and written communications for senior leadership and executives
Introduce and implement AI-enabled solutions to redesign processes and efficiencies
Develop and maintain industry and competitive intelligence
Foster a collaborative and supportive work environment, with involvement in recruiting, mentoring, and supporting team members