Associate, Corporate Strategy & Development

BlackRock • New York, NY

1d • $105,000 - $137,500 • Hybrid

About The Position

About this role 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. Primary 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 Support specific strategic initiatives and projects that promote the implementation of the long-term firm strategy 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 financial statement impact, and shareholder value creation analysis Synthesize data into high-quality presentations and written communications for senior leadership and executives Develop and maintain industry and competitive intelligence Foster a collaborative and supportive work environment, with involvement in recruiting, mentoring, and supporting team members An ideal candidate will demonstrate: 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

Requirements

• Bachelor’s or equivalent degree with strong record of academic achievement; MBA desirable
• 2-5 years relevant work experience; M&A background in financial services, investment banking, and/or private equity desired
• Strong knowledge of financial institutions, including asset & wealth management, banking, insurance, capital markets, and financial technology industries preferred
• 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
• Ability to introduce and implement AI-enabled solutions to redesign processes and efficiencies
• 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
• 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
• Support specific strategic initiatives and projects that promote the implementation of the long-term firm strategy
• 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 financial statement impact, and shareholder value creation analysis
• Synthesize data into high-quality presentations and written communications for senior leadership and executives
• Develop and maintain industry and competitive intelligence
• Foster a collaborative and supportive work environment, with involvement in recruiting, mentoring, and supporting team members

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level