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Vice President – Product Oversight and Governance

Vice President – Product Oversight and Governance

CompanyBlackRock
LocationBoston, MA, USA
Salary$127500 – $184000
TypeFull-Time
Degrees
Experience LevelSenior, Expert or higher

Requirements

  • 6-10 years 1940 Act investment management industry experience with fund structures such as open-end mutual funds and exchange traded funds.
  • Experience in ETF operations and/or ETF Fund Accounting a plus
  • Understanding of US GAAP and SEC regulatory reporting requirements.
  • Fund / product lifecycle event management such as launches, liquidations, mergers, and other restructuring events.
  • Familiarity with RIC tax and fund distribution requirements.
  • Diverse range of fund expense structures (unitary and pass thru) and methods for waivers, caps, allocation, and application of break points.
  • External service provider oversight.

Responsibilities

  • Engage with tax, product, and portfolio management teams to determine fund structures, distribution practices and operational models.
  • Contribute towards and prepare presentations to BlackRock governance bodies (e.g. fund boards) and committees.
  • Participate in the investigation of operating events coordinating with cross functional colleagues.
  • Review and challenge policies and procedures to help evolve the operating model to best practice.
  • Assess the operating model for risk and efficiency, with a focus on automation and technology.
  • Build good relationships with business areas within BlackRock, effectively engage and lead fund launches and product change.
  • Oversight of outsourced functions including fund auditors, review performance of the service providers, and evaluate control environments.

Preferred Qualifications

  • Experience in ETF operations and/or ETF Fund Accounting a plus