Product Manager, Investment Operations – Aladdin Product Management, Associate

DescriptionAbout this roleAPMAssociate –Product Manager, Investment OperationsBlackRock is one of the world’sleadingasset management firmsandAladdin® is the firm’s an end-to-end operating system for investment professionals to see their whole portfolio, understand risk exposure, and act with precision. Aladdin is the central nervous system powering the investment decisions of both the firm and its clients; a$1+ bn technology business that has significant growth aspirations over the next five years. Our mission is to evolve Aladdin as aplatform, open its architecture, and transform its design & create ease of use.What is the Aladdin Product Group?At the heart of BlackRock, is the Aladdin Product Group (APG), the team responsible for designing, building and operating Aladdin. Being a member of the Aladdin Product Group means working with the industry’s thought leaders to build innovative and next generation products that shape the financial markets.JobbackgroundWe are looking forProduct Manager to join the Aladdin Investment Operations Product Management team and lead the Trade Operations product area. This area encompasses the all the functionality for Confirmation workflows, Settlement notifications, and all of the associated messaging such as FIX, SWIFT and FpML. This is one of the core components of Aladdin and is used by BlackRock as well as all the Aladdin customers.The position is a combination of Strategic and Tactical tasks. There are many strategic areas that need exploration, evaluation and prioritization, while in parallel ensuring that the tactical needs for continuing to operate the platform are met. It is a delicate balance of resource allocation and stakeholder management.You willsupporttheend-to-endproduct road map. In this role, you willadvancethe regulatory requirements, feature development, automation,and user experience. On a day-to-day basis, you will be responsible for capturing requests from multiple stakeholders, capturing product requirements, translating these into our Agile operating model Epics and Feature stories and prioritizing them as part of the backlog grooming. You will also work very closely with both our UX design and engineering teams to bring the product to market.You will work as part of a dynamic and vertically integrated team that is based in New York City or Wilmington Delaware. Additionally, the structure of the business internally means you will need to operate in a matrixed fashion with multiple stakeholdersin functions like the Platforms team (infrastructure), Product Marketing, Client Services,etc.who are each focused on diverse clients and users. As you develop theproduct road map,you will need to skillfully solve for this complexity of users and stakeholdersand bringpeople on the journeyin an effective way.Our ideal candidate is someone whohas a solid understanding of Post Trade Trade-Operations space, a strong technical product orientation, a passion for user experience,and an ability to turn complex requirements intoproducts thatmake peoples’ lives easier.Primary responsibilitiesAladdin Investment Ops Trade Operations Product Manager: inclusive of road map, delivery and results.You willtranslate product strategy into detailedrequirements,backlogs andpartner with design and engineering teams to bring those to life through concepts, wireframes, and final delivery in market.Collaborate with Design Leadsto optimize how we use data and UX research to define and solve user problems. Part of this also includes monitoring external trends and being able to communicate these in a simple, compelling way.Partner with Engineering Leadsto ensure sprints are managed within our release cycle and testing protocols.Manage stakeholders effectively- you need to communicate product developments in a way that partners understand what we’re doing and why. You’ll be expected to partner with other product managers to ensure these are in sync withotherpriorities.Supportthe business caseand rationale for new features and innovations.Keep leadership informed of the team’s progressand provide a realistic picture of what is achievable with the resources at hand.Work with Product Marketing, Client Services, and other stakeholderson promotional plans to ensure that strategies are integrated.Represent thefirmand the productby meeting withclientsto solicit feedback and beflexible to travel approx.10% as needed.Essential skills / experienceYou must have at least5+ years’ experience leading technicalproduct developments, managing all aspects of a successful product throughout its lifecycle.Understanding and awareness of post trade ecosystem in 3 areas:Asset managementAsset servicingUtilities such as CTM, OSTTRA, etcCan acquire a deep functional understanding ofAladdin and client use cases.Understanding ofdesign thinking,Lean UX practices (e.g.concepting, user testing, prototypingetc),web/mobile development practices, and knowledge of APIs a significant bonus.Experience and understanding of both waterfall and Agile project management disciplines, with an emphasis on Scrum.Goodwritten and verbal communication and ability to gain buy-in on plans from a non-technical audience at varying degrees of seniority.Positive attitude and resilience, with strong problem-solving skills.Skilled at working effectively with cross functional teams in a matrix organization.Working with large scale transactions & data volumes is helpfulCTM, FIX, SWIFT knowledge would be beneficialFor New York City only: The salary range for this position is $128,250 – $145,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.Our benefitsTo 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 modelBlackRock’s current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.About BlackRockAt 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 careers.blackrock.com |www.blackrock.com/corporate| Instagram:@blackrock | Twitter: @blackrock| LinkedIn:www.linkedin.com/company/blackrockBlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.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.