Head of US iShares Product Innovation, Managing Director

About this roleBackground: The Head of U.S. iShares Product Innovation will lead the strategic direction and execution of product innovation initiatives for U.S. iShares ETFs. This role is pivotal in maintaining and expanding our leadership position in the asset management industry by driving the development and commercialization of innovative ETF products across index and active strategies. The successful candidate will work closely with senior leadership and cross-functional teams to ensure the alignment of product strategies with business objectives and market demands.Development Value: This role offers a unique opportunity to shape the future of U.S. iShares product offerings and make a significant impact on the asset management industry. The Head of U.S. iShares Product Innovation will have the chance to lead high-profile projects, influence strategic decisions, and collaborate with a diverse range of stakeholders, including product research, business strategy, sales, marketing, risk management, and investment teams.Key Responsibilities and Requirements:• Strategic Leadership: Provide visionary leadership for the product innovation team, setting strategic priorities and driving the development of new products and enhancements to existing offerings.• Innovation Pipeline Management: Oversee the innovation pipeline, ensuring a steady flow of new product ideas and enhancements. Partner with internal teams to prioritize and execute product launches and improvements.• Commercialization Strategy: Develop and implement commercialization strategies for new products, taking into account market trends, client feedback, and competitive landscape. Work closely with sales teams to target the right client segments and scale new products effectively.• Stakeholder Engagement: Present product proposals and updates to internal committees and Boards, securing necessary approvals and support. Foster strong relationships with key stakeholders across the organization.• Product Range Management: Lead strategic product management projects, including regular range reviews and enhancements, to ensure the product offering meets client demand and provides a comprehensive suite of investment tools.• Cross-Functional Collaboration: Partner with client-facing teams, markets, investment teams, product research, and product strategy to implement the product development agenda and drive business growth.Knowledge/Experience:• Extensive experience in the investment funds industry, with a strong background in product development and management.• Deep understanding of index construction methodologies and terminology.• Proven track record of leading and executing complex projects in a collaborative environment.• Excellent interpersonal skills, including written and presentation abilities.• Strong project management skills and the ability to manage multiple priorities and tight deadlines.• Commercial awareness and the ability to understand and address client needs.• Attention to detail and the ability to quickly digest and act on new information.• Advanced degree in a quantitative field is an advantage.• 15+ years of industry experience.For New York City and California only the salary range for this position is $240,000 - $350,000. 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 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 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 @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.