Director of Product, Separately Managed Accounts

About this 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 investment management service to all of our clients, from wealth advisors to family offices to endowments and foundations.

About the opportunity:

With over $230B in client assets across direct index and active investment strategies, SMA Solutions is a rapidly growing business within USWA (~10% org growth rate). Our personalized portfolios utilize individual securities, BlackRock Mutual Funds, and iShares ETFs to customize, diversify, and tailor investment solutions to high net worth/ultra-high net worth, mass affluent, and institutional clients.

We are seeking a highly experienced leader with deep expertise in the Wealth Management space (ideally with Separately Managed Account (SMA) vehicles) to lead the organization towards the next generation of BlackRock’s SMA platform. The role combines deep knowledge of technology with a broad knowledge of investment management and SMA products to provide BlackRock with an SMA platform that can be used for the needs of various clients.

Responsibilities:

• Program-level agile leadership: facilitate planning, cross‑team alignment, and system/solution demos; use flow and quality metrics to inform decisions and forecast outcomes.
• Business architecture & requirements: lean on various SMEs to connect investment, trading, compliance, and operations workflows to product and technical epics; define feature priorities and acceptance criteria with a robust KPI framework.
• Stakeholder alignment: build trusted partnerships across product, engineering, operations, risk, data, and other partners; manage trade‑offs and negotiate scope to land value on schedule.
• Partner with product and engineering leaders to ensure architecture aligns with the SMA and broader BlackRock technology roadmaps; influence platform direction via deep knowledge of workflows, personas, and data structures.
• Translate SMA strategic vision into actionable architecture, mapping business workflows to technical Epics and Features.
• Change management at scale: prepare operating teams for adoption (process, controls, training) and ensure production readiness and run‑state ownership.
• Continuous improvement: codify program standards, templates, and playbooks (artifacts, cadences, metrics) and roll them across SMA initiatives.

Qualifications:

• 10+ years in financial services leading cross‑functional programs at scale (product + engineering), with direct experience in SMA technology, and portfolio lifecycle (portfolio construction, trading, compliance, post‑trade).
• Ability to translate business vision into architecture strategy, roadmaps, and structured objectives.
• Strong commercial intuition—able to prioritize based on business value, risk, scale, and industry trends.
• Mastery of agile approach to SDLC (PI planning, metrics‑driven delivery, release planning, scaled frameworks)
• Executive presence with excellent communication, negotiation, and stakeholder management skills; comfortable influencing at all levels.
• Success in building and delivering complex platform products in a matrixed organization.
• Delivery of compelling presentations to diverse audiences (from technical teams to commercial groups to senior executives) ensuring clarity, relevance, and impact.
• Experience working with engineering and design teams using Agile/Scrum methodologies.
• Bachelor's degree required; advanced degree (MBA, CFA, etc.) a plus.
• Knowledge of BlackRock’s Aladdin platform is preferred

For New York, NY Only the salary range for this position is USD$215,000.00 - USD$275,000.00 . 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. For Princeton, NJ Only the salary range for this position is USD$195,000.00 - USD$245,000.00 . 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

BlackRock’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 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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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 the EEOC’s Know Your Rights poster and its supplement and the pay 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 [email protected]. All requests are treated in line with our privacy policy.

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.