What are the responsibilities and job description for the Vice President, Institutional Asset Management Legal Counsel position at BlackRock?
About This Role
We are searching for an attorney specializing in asset management to support BlackRock's institutional client businesses, which manage assets for institutional clients including public and private pension plans, defined contribution plans, foundations, endowments and family offices, among others. In this role, you will serve as a legal advisor to BlackRock’s retirement business, advising on a broad range of legal issues relating to BlackRock’s provision of investment management services.
You must be able to directly and proactively manage, coordinate, and advise across a wide variety of stakeholder teams, including legal, risk management, business and operations teams, on legal, regulatory, disclosure, and commercial matters.
Responsibilities
Your responsibilities will include advising business partners on complex legal issues across multiple asset classes, investment strategies and client types and negotiating agreements that govern BlackRock’s asset management services for its institutional clients. You will provide legal advice and consultation with respect to a variety of investment vehicles including bank collective investment funds and separately managed accounts.
This role requires initiative and accountability and you must possess excellent analytical, communication, and negotiation skills. You will be required to demonstrate comfortable command of applicable law, work creatively in a fast-paced environment, be consistently responsive, and confidently present complex issues to senior legal and business leaders.
The ideal candidate is intellectually curious, embraces innovation, and is interested in helping shape how emerging technologies can be used to transform legal service delivery. Experience identifying opportunities to improve processes that enable efficient and effective legal service delivery, knowledge management, contract negotiation, and risk analysis through the thoughtful application of AI and other technology solutions would be a plus. Candidates should also excel at coordinating complex projects involving multiple stakeholders and assisting the business in designing and implementing solutions across a range of products and services.
Required Qualifications
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 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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
We are searching for an attorney specializing in asset management to support BlackRock's institutional client businesses, which manage assets for institutional clients including public and private pension plans, defined contribution plans, foundations, endowments and family offices, among others. In this role, you will serve as a legal advisor to BlackRock’s retirement business, advising on a broad range of legal issues relating to BlackRock’s provision of investment management services.
You must be able to directly and proactively manage, coordinate, and advise across a wide variety of stakeholder teams, including legal, risk management, business and operations teams, on legal, regulatory, disclosure, and commercial matters.
Responsibilities
Your responsibilities will include advising business partners on complex legal issues across multiple asset classes, investment strategies and client types and negotiating agreements that govern BlackRock’s asset management services for its institutional clients. You will provide legal advice and consultation with respect to a variety of investment vehicles including bank collective investment funds and separately managed accounts.
This role requires initiative and accountability and you must possess excellent analytical, communication, and negotiation skills. You will be required to demonstrate comfortable command of applicable law, work creatively in a fast-paced environment, be consistently responsive, and confidently present complex issues to senior legal and business leaders.
The ideal candidate is intellectually curious, embraces innovation, and is interested in helping shape how emerging technologies can be used to transform legal service delivery. Experience identifying opportunities to improve processes that enable efficient and effective legal service delivery, knowledge management, contract negotiation, and risk analysis through the thoughtful application of AI and other technology solutions would be a plus. Candidates should also excel at coordinating complex projects involving multiple stakeholders and assisting the business in designing and implementing solutions across a range of products and services.
Required Qualifications
- J.D. with outstanding academic credentials and six to eight years’ relevant experience as a lawyer in a major law firm, in the legal department of an asset management firm, or at a regulatory agency with responsibility for overseeing asset managers, or other similar relevant experience.
- Experience with ERISA, federal securities laws, including the Investment Advisers Act of 1940, and other federal and state laws that apply to discretionary asset management (e.g., OCC and state fiduciary regulations).
- Outstanding analytical, written and verbal communication skills, including negotiation, drafting and interpersonal and relationship-building skills , and a consistent history of working productively as part of a team.
- Ability to solve problems in a practical and risk-informed manner, communicate complex concepts clearly, and effectively prioritize competing demands.
- Strong organizational skills, a high degree of initiative, and the ability to manage multiple time-sensitive matters simultaneously.
- Experience developing, implementing, or championing AI-enabled solutions, workflow automation, knowledge management tools, contract lifecycle management solutions, or other legal technology initiatives.
- Demonstrated ability to identify opportunities to improve legal processes through technology and lead cross-functional efforts to design and implement scalable solutions.
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 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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.
Salary : $180,000 - $215,000