ETF Product Developer, Associate – ETF Platform
San Francisco, CA - USA
Job Summary
About this role
BlackRock is one of the worlds preeminent asset management firms and a premier provider of global investment management risk management and advisory services to institutional intermediary and individual investors around the world. BlackRocks mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the worlds capital markets. Our clients can access our investment solutions through a variety of product structures including individual and institutional separate accounts mutual funds and other pooled investment vehicles and the industry-leading iShares ETFs.
Your team
The ETF Platform team sits within BlackRock Global Markets & Index Investments (BGM) which brings together Index Investments Markets Liquidity & Financing and Platform & Strategy. BGM delivers superior market access and investment outcomes through deep expertise spanning investments markets risk management and platform design; embedded technology capabilities that drive scale resilience and innovation; and industry leadership focused on transparency accessibility and cost efficiency for investors.
The ETF Platform team is responsible for the end-to-end design evolution and scalability of the ETF operating model enabling innovation across the ETF value chain and reinforcing BlackRocks leadership in the ETF industry.
We are seeking an Associate ETF Product Developer to help design and deliver innovative iShares ETFs and the platform capabilities required to support them.
This role sits at the intersection of investment products markets technology and operations with responsibility for architecting scalable operating models that enable new investment strategies and asset classes within the ETF wrapper. The successful candidate will support the development of next-generation ETF and ETP solutions across active derivative-based and digital asset exposures translating investment concepts into scalable product structures market solutions and operating models.
The role requires a highly collaborative solutions-oriented individual who can work across Global Product Portfolio Management ETF Capital Markets Technology Operations Risk Legal and Compliance to identify challenges navigate complexities and deliver innovative solutions. Intellectual curiosity strong problem-solving skills and a passion for improving investor outcomes are essential.
In every role at BlackRock youll be expected to apply sound judgement and critical thinking to solve complex problems adapt as the business evolves and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:
- Architect innovative ETF operating models: Design and implement end-to-end operating models and platform capabilities that enable new ETF products investment strategies and asset classes.
- Enable product innovation: Partner with Product and Investment teams to evaluate new product opportunities identify structural and operational complexities and develop solutions that support successful launches.
- Drive cross-functional execution: Lead initiatives across Portfolio Management ETF Capital Markets Technology Operations Risk Legal and Compliance aligning stakeholders and managing dependencies to deliver outcomes.
- Build scalable and resilient platforms: Ensure operating model designs are scalable efficient risk-controlled and capable of supporting continued business growth and product complexity.
- Solve complex challenges: Identify risks constraints and opportunities across the ETF investment lifecycle developing creative and practical solutions that balance commercial objectives investment needs and operational considerations.
- Advance platform transformation: Identify opportunities to leverage technology automation AI and market infrastructure developments to improve efficiency reduce operational risk and enhance platform capabilities.
- Influence and communicate: Synthesize complex topics articulate trade-offs and drive alignment and decision-making across diverse stakeholders and senior leadership.
- 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 with the ability to connect the dots across 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 diverse stakeholders without direct authority.
- Excellent communication skills with the ability to synthesize complex topics articulate trade-offs and engage effectively with senior stakeholders.
- High intellectual curiosity and an 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.
Preferred Qualifications
- Experience designing ETF operating models investment workflows or technology-enabled platform capabilities.
- Familiarity with ETF primary markets portfolio management processes and BlackRocks Aladdin platform or comparable investment technology.
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
BlackRocks 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 weve provided guidanceon 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 childrens 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. Its why were 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 . 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 theEEOCs Know Your Rights poster and its supplementand thepay 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 . All requests are treated in line with our.
We recruit hire train promote pay and administer all personnel actions without regard to race color religion sex (including pregnancy childbirth and medical conditions related to pregnancy childbirth or breastfeeding) sex stereotyping (including assumptions about a persons appearance or behavior gender roles gender expression or gender identity) gender gender identity gender expression national origin age mental or physical disability ancestry medical condition marital status military or veteran status citizenship status sexual orientation genetic information or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these 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.Required Experience:
IC
About Company
BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.