Associate, Product Manager

About the role

Team Overview
BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations.

Responsibilities

• Develop deep end-to-end expertise in portfolio management, trading, client onboarding, account servicing, and investment operations workflows across SMA Solutions.
• Gather, analyze, and prioritize requirements, balancing business value, risk, resources, and delivery constraints.
• Translate complex business or operational needs into structured requirements and executable technology deliverables.
• Partner with engineers, testers, users, and third-party providers throughout the product development lifecycle.
• Support testing, release readiness, user adoption, and continuous product improvement.
• Own defined product and technical workstreams from discovery through design, development, testing, launch, and post-launch stabilization.
• Manage and coordinate interactions between business users, Product Management, Engineering, and external providers.
• Track deliverables, dependencies, and project risks, escalating issues promptly and transparently.
• Prepare clear recommendations and decision materials that enable senior product and business leaders to resolve complex design or prioritization questions.
• Manage workstream plans, dependencies, risks, assumptions, decisions, constraints, and open questions across multiple stakeholder teams.
• Use automation and AI-assisted tools appropriately to improve analysis, requirements development, documentation, reporting, and knowledge management.
• Build trusted working relationships across teams and promote a collaborative, accountable, and solutions-oriented culture.
• Investigate and triage time-sensitive issues in a live trading environment.
• Identify root causes and opportunities to improve system reliability and operational efficiency.
• Maintain accurate, organized product and process documentation.

Qualifications

• Bachelor’s degree required.
• Typically 5 years of relevant experience in product management, business analysis, financial technology, or a related discipline.
• Demonstrated ability to analyze end-to-end workflows, identify gaps and dependencies, and contribute to practical future-state solutions.
• Working knowledge of the software development lifecycle, agile delivery practices, testing, release readiness, and post-launch support.
• Experience coordinating cross-functional initiatives involving multiple stakeholders, systems, dependencies, or workstreams.
• Strong analytical and problem-solving skills, including the ability to organize ambiguous information, evaluate trade-offs, and formulate clear recommendations.
• Strong written and verbal communication skills, with the ability to communicate effectively with both technical and non-technical stakeholders.
• Excellent organizational skills, attention to detail, and ability to manage multiple priorities while maintaining follow-through.
• Proficiency with product-management and delivery tools such as Azure DevOps, Jira, Confluence, Airtable, or comparable platforms.
• Interest in using automation and AI-enabled tools to improve product-management and delivery processes.

Preferred Qualifications

• Experience with order-management, trading, portfolio-management, or investment-operations systems.
• Familiarity with separately managed accounts, portfolio management, trading, direct indexing, or tax-aware investing.
• Experience supporting geographically distributed teams or initiatives spanning multiple asset classes and business functions.
• Experience working with databases and writing SQL queries.
• Experience supporting production systems in a time-sensitive environment.

Pay & Benefits

The salary range for this position is USD$132,500.00 - USD$162,500.00. 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.

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

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. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation.

Guidance on AI Use for Candidates

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.