BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At December 31, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of December 31, 2016, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is one of the largest, most sophisticated global investment management firms. Business lines supported by BlackRock Solutions offer enterprise investment systems, risk management tools, wealth advisory technology and advisory consulting services to a variety of large U.S. and foreign financial institutions, central banks and financial regulators. These capabilities not only extend and broaden BlackRock’s core asset management business, but leverage BlackRock’s significant platform operating experience and intellectual capital to drive disruptive transformation across the financial services sector by enabling greater transparency and superior outcome management through data-driven risk analytics.
The acquisition, management and utilization of structured and unstructured data, in combination with industry-leading data management, financial modeling expertise and state of the art technology infrastructure, are a critical component of BlackRock’s ability to deliver strong results to clients and investors. Encouraging rapid development and deployment of modern data-science based approaches to BlackRock’s financial modeling capabilities and platform technologies for institutional and wealth management clients across a range of frontiers, including hosted, cloud-based, web and mobile solutions, is a high-priority ongoing initiative for BlackRock.
BlackRock’s legal department is seeking to expand its existing team of data, technology and intellectual property attorneys to meet these challenges, specifically with respect to strengthening the execution of strategic investment priorities by increasing support for BlackRock's partnerships with key data providers and the financial modeling, platform and technology development teams that leverage those relationships. This role calls for a creative and intellectually curious attorney comfortable with working alongside senior legal and business leaders to formulate solutions to evolving challenges. To execute on these solutions, this individual must also possess strong analytical, communication and negotiating skills, have a commercially oriented mindset, and an understanding of financial modeling, data licensing, data architecture, financial markets and investments. For the right individual, this position provides an opportunity to make valued contributions to the continued growth of one of the most dynamic and respected asset management firms in the world.
On a day to day basis, the role will include focus on understanding business requirements and negotiating arrangements with the firm’s key index and market data providers to BlackRock, working closely with data scientists, model developers and relationship managers for our strategic data relationships. On a longer time horizon, a successful individual will make important contributions to a broader effort to establish an execution framework and risk mitigation strategy that will enhance business impact, mitigate legal and regulatory risk, and enable BlackRock to best serve its clients.
The attorney will be a member of a global team of transactional, intellectual property and technology and data licensing attorneys who consistently work closely with the leadership teams across BlackRock to provide both legal and business guidance in support of strategic initiatives and business lines responsible for close to $1b of annual revenue.
Work with senior attorneys and business team members to evaluate, analyze and frame challenges.
Support the business development and product development processes by providing key inputs and advice, particularly with respect to the analysis of critical data dependencies that impact technology and platform development, core innovation, model development and investment operations.
Analyze, present and advise BlackRock’s legal and business teams on corporate and business law issues as well as commercial and operational risk management.
Structure, draft and negotiate inbound data license arrangements with a wide range of providers with the ability to “think through” problems beyond the immediate transaction.
Work collaboratively with the broader BlackRock Solutions legal team by sharing knowledge, seeking connectivity, and relating your specific area of expertise to the group’s broader business contribution.
Understand and help business teams execute on their data-driven strategies, including by developing a working understanding of technology environments, data deployment, and evaluating how specific data needs reconcile with broader data strategies.
JD with a minimum of three years of experience, preferably at a major law firm (secondment experience a plus) or in-house at a corporate legal department. We are open to hiring senior attorneys who are comfortable taking on a more junior position with a view to taking on interesting challenges for a leading industry player as a late-career move.
Strong analytical, communication and organizational capabilities, typically drawn from corporate transactional, contracts negotiation and/or commercial transaction experience, preferably with background in licensing and intellectual property related matters.
Ability to work in a fast-paced and business-oriented environment with business groups throughout BlackRock, learn business requirements quickly, analyze legal and commercial risks and propose creative, business-oriented solutions.
Ability to interact directly with internal business managers and subject matter experts to address the needs of a strategic business initiatives in a thoughtful and practical manner.
Working understanding of asset and investment management business, technology platforms, information technology systems and financial markets.
Experience in, or demonstrated intellectual curiosity about investment management and wealth management industry, financial modeling technology, platform technologies and use of data and data science in the delivery of hosted, cloud-based, web and mobile solutions.
Ability to effectively integrate with a global team of highly collaborative and collegial attorneys, and to assess, calibrate, communicate and handle evolving priorities in a dynamic and intellectually stimulating environment.
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, disability, veteran status, and other statuses protected by law.
Website : http://www.blackrock.com
BlackRock is the world’s largest asset manager, and our business is investing on behalf of our clients, from large institutions to the parents and grandparents, the doctors and teachers who entrust their savings to us. We work only for our clients—period. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. That’s why investors of all kinds entrust us with trillions of dollars, and it’s why companies, institutions and global governments come to us for help meeting their biggest financial challenges.