VP, Structuring and Development, Private Markets Products and Solutions

About this role

About BlackRock

BlackRock is the world’s largest asset manager and a premier provider of global investment management services with AUM of over $13 trillion. BlackRock’s Private Markets and Alternatives platform represents over $500bn of AUM across a broad range of investment capabilities including private equity, private real estate, private infrastructure, private credit, and hedge fund and liquid alternatives strategies. Our 2000+ dedicated professionals work across BlackRock’s global teams, including 50+ offices with private markets capabilities.  

About this role

We are looking for an experienced private markets professional to join our Private Markets Structuring & Development team in Europe. This individual will help design, structure and develop BlackRock’s private markets products and solutions, working across institutional flagships, evergreen products, client mandates, separate accounts, funds of one, and bespoke client solutions.

Private Markets Structuring & Development forms part of Global Product Solutions (GPS), BlackRock’s central global product function. GPS oversees enterprise product strategy, including pricing, development, structuring, and platform governance.

Within GPS, the Private Markets Structuring & Development team is responsible for the design, structuring and development of innovative private markets investment fund structures and client mandates for institutional and wealth investors globally. Members of the team partner with stakeholders across the firm, including investment teams, distribution, strategy, operations, and risk and compliance functions. The team works closely with BlackRock’s in-house legal team to drive the negotiation, formation and documenting of our products and solutions, and regularly engages with external professionals, advisers, industry groups, policymakers and regulators. A key element of the team’s role is also interacting with clients - partnering with sales teams on RFPs and engaging directly with existing and prospective clients on the design, structuring and development of custom solutions.

Responsibilities

• Advising the business (including client relationship, sales and investment teams) on the design and structuring of private markets products and solutions, including features such as domicile, wrapper, key fund terms and legal and regulatory structure.
• Triaging and prioritising the most commercial opportunities, assessing feasibility and managing stakeholders.
• Efficiently manage multiple complex structuring projects, regularly working with new wrappers and fund structuring innovations (e.g. feeders, local entry points, currency solutions, evergreen vehicles, structured notes).
• Assume responsibility and ownership for the development of products, solutions and separate accounts – including running internal and client project calls.
• Review documentation relating to a variety of fund structures.
• Research legal and regulatory considerations relevant to specific clients, products and jurisdictions, serving as a thought-leader on the practical implications of new rules and guidance.
• Partner with the legal team in engaging with external legal advisors and other service providers.
• Work closely with tax, operational, compliance and risk management functions to design effective products and solutions.

Qualifications & Skills
 

• Legal background a strong advantage, ideally a qualified lawyer with relevant work experience at a leading law firm or asset manager, but non-legal individuals with deep expertise and experience in private markets (e.g. product strategy, operations, tax, investments etc.), also highly valued in this role. 

• Experience working with different fund types (e.g., partnerships, corporates, contractual schemes, regulated and non-regulated vehicles), core jurisdictions (e.g., Luxembourg, Ireland, Delaware, Cayman), and ideally client segments (both wealth and institutional).
• Broad knowledge of the European regulatory landscape, including AIFMD, SFDR.
• Self-motivated and proactive individual with strong desire to learn and succeed.
• Excellent analytical, interpersonal, presenting and project management skills to manage multiple projects at any one time.
• Ability to effectively communicate complex topics with both internal and external parties.
• Ability to review fund documentation and other collateral.
• Broad understanding of private markets and industry trends.
• Excellent communication skills, both verbal and written.
• Driven, dynamic and proven team player.
• Whilst GPS and the Private Markets team operates principally in English, the ability to speak other European languages is an advantage in this role.
• Strong work ethic.

 What we offer

• Unparalleled exposure to BlackRock’s leading asset management business and industry-leading product team.
• Experience in one of the firm’s premier talent engines – with a strong track record of importing, developing, and exporting firm and business-unit leaders.
• Experience in building out the private markets business as one of BlackRock’s key growth engines.
• A collaborative, inquisitive, and high-performing team culture across GPS.
• Professional, international working environment.

• Entrepreneurial culture offering the opportunity to learn the business from some of the world’s leading professionals. 
• Collaborative environment, with on-the-job training and mentoring.
• Competitive salary with performance-oriented compensation model.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 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 BlackRock.

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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.