ETF Product Developer, Associate – ETF Platform

BlackRock•San Francisco, CA

3d•$110,000 - $150,000•Hybrid

About The Position

BlackRock is seeking an Associate ETF Product Developer for its ETF Platform team within BlackRock Global Markets & Index Investments. The team designs, evolves, and scales the ETF operating model, enabling innovation throughout the ETF value chain. The role helps develop innovative iShares ETFs and the platform capabilities required to support them, working at the intersection of investment products, markets, technology, and operations. The successful candidate will support next-generation ETF and ETP solutions across active, derivative-based, and digital asset exposures. The role translates investment concepts into scalable product structures, market solutions, and operating models, collaborating with teams across Global Product, Portfolio Management, ETF Capital Markets, Technology, Operations, Risk, Legal, and Compliance. The work calls for intellectual curiosity, sound problem-solving, and a focus on improving investor outcomes. BlackRock uses a hybrid work model. Employees are currently required to work at least four days per week in the office, with flexibility to work from home one day per week. Some business groups may require more office time. For San Francisco, California, the stated salary range is $110,000–$150,000, with eligibility for an annual discretionary bonus. Benefits include healthcare, leave benefits, and retirement benefits; the company also describes tuition reimbursement, support for working parents, and Flexible Time Off. Total compensation may vary based on role, location, and firm, department, and individual performance.

Requirements

Experience in financial services, preferably in ETF product development, investment management, capital markets, investment operations, or risk management.
Strong understanding of securities markets, investment products, and the ETF ecosystem, including familiarity with multiple asset classes and the investment lifecycle.
Strong analytical and problem-solving skills, including the ability to connect complex processes, challenge existing approaches, and design innovative, scalable solutions.
Demonstrated ability to lead cross-functional initiatives, build relationships, influence decisions, and drive outcomes across stakeholders without direct authority.
Excellent communication skills, including the ability to synthesize complex topics, articulate trade-offs, and engage effectively with senior stakeholders.
Intellectual curiosity and interest in investment strategies, market infrastructure, and technology, with the ability to learn quickly and navigate ambiguity.
Self-motivated, organized, and outcome-oriented, with sound judgment and the ability to manage competing priorities in a fast-paced environment.

Nice To Haves

Experience designing ETF operating models, investment workflows, or technology-enabled platform capabilities.
Familiarity with ETF primary markets and portfolio management processes.
Familiarity with BlackRock's Aladdin platform or comparable investment technology.

Responsibilities

Design and implement end-to-end operating models and platform capabilities for new ETF products, investment strategies, and asset classes.
Partner with Product and Investment teams to assess product opportunities, identify structural and operational complexities, and develop solutions for successful launches.
Lead cross-functional initiatives involving Portfolio Management, ETF Capital Markets, Technology, Operations, Risk, Legal, and Compliance; align stakeholders and manage dependencies.
Design scalable, efficient, risk-controlled operating models that can support business growth and product complexity.
Identify risks, constraints, and opportunities across the ETF investment lifecycle and develop practical solutions balancing commercial, investment, and operational needs.
Identify opportunities to use technology, automation, AI, and market infrastructure developments to improve efficiency, reduce operational risk, and enhance platform capabilities.
Synthesize complex topics, articulate trade-offs, and drive alignment and decision-making with diverse stakeholders and senior leadership.
Apply sound judgment and critical thinking to complex problems, adapt as the business evolves, and rigorously assess new approaches and technologies.