Associate, Corporate Development

About This Role

BlackRock’s Corporate Strategy and Development group supports the firm in generating robust, long-term growth and shareholder value creation. The Corporate Strategy team formulates and executes enterprise-level vision and strategy, informs business-level strategies, and drives large multi-functional, cross-border assignments and initiatives. The Corporate Development team realizes enterprise- and business-level strategic priorities inorganically by sourcing, assessing, and executing acquisitions, divestitures, joint ventures, strategic investments, and partnerships.

Responsibilities

• Contribute to the evaluation of business opportunities globally, including acquisitions, divestitures, joint ventures, strategic investments, and partnerships based on BlackRock’s firm-wide strategic priorities.
• Work with senior management and business unit leaders to determine strategic objectives and identify inorganic opportunities to meet these goals.
• Evaluate and analyze transactions across the asset management and financial technology industries.
• Drive the cross-functional due diligence process in partnership with business unit leaders, internal functional experts, and outside advisors to support execution of transactions.
• Able to own financial modeling and valuation analyses to assess synergy capture, returns on invested capital, pro forma impact to financial statements, and shareholder value creation analysis.
• Synthesize data into high-quality presentations and written communications for senior leadership and executives.
• Introduce and implement AI-enabled solutions to redesign processes and efficiencies.
• Foster a collaborative and supportive work environment, with involvement in recruiting, mentoring, and supporting team members.

Qualifications

• Bachelor’s or equivalent degree with strong record of academic achievement; MBA desirable.
• At least 2 and no more than 5 years relevant work experience; financial services M&A and capital markets background in investment banking and/or private equity.
• Strong knowledge of financial institutions, including asset & wealth management, financial technology, insurance, capital markets, and banking industries.
• Familiarity with the end-to-end transaction life cycle, including sourcing, deal structuring, due diligence, financial analysis, documentation, and integration.
• Excellent problem-solving, quantitative, and analytical skills alongside strong familiarity with financial statement analysis, valuation, and financial modelling.
• Experience contributing to cross-functional project teams.
• Superior communication skills and ability to clearly articulate recommendations to internal and external audiences across all levels of seniority.

Pay, Benefits, and Schedule

The salary range for this position is USD$105,000.00 - USD$137,500.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.

Benefits

• Comprehensive healthcare
• Leave benefits
• Retirement benefits

Our Hybrid Work Model

Our 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.

Guidance on AI Use

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.