Vice President - Business Commercial Lead

About this role

The Aladdin Business is growing rapidly, with the volume and complexity of new client deals and strategic partnerships growing each year. We are in the next phase of our growth and are evolving into a platform focused business with multiple new product launches and external partnerships. The Vice President, Aladdin Business Contracting Lead, will play a central role in scaling our commercial operations, including negotiating and structuring our Aladdin client agreements and partnerships on the global basis (primarily in the Americas). .

This executive will develop a deep understanding of our business goals, operations and risks, and have the requisite experience to represent Aladdin Business interests with senior leaders both internally and externally. The candidate will also work closely with Aladdin

Business leaders to support and drive commercial strategy.

About Aladdin

Aladdin is our operating system for managing financial portfolios. It unites the information, people, and technology needed to manage money in real time at every step of the investment process. Aladdin exists so that every financial professional can see, understand, and act with clarity. Aladdin combines sophisticated risk analytics with comprehensive portfolio management, trading, and operations tools on a single platform to power informed decision-making. The platform creates a connective tissue for thousands of users investing worldwide.

Key Responsibilities

• Lead complex, global client and partnership contract negotiations through a commercial-centric lens (preferably with Tech or FinTech experience)
• Partner with internal functions such as Sales, Legal, Deal Desk, Finance, Information Security teams to help facilitate deal execution
• Carry out risk assessment of new deals, incorporating recent market trends and adapting to industry and regulatory changes (such as DORA, outsourcing guidelines)
• Partner with Product Leads to determine commercial strategy and contractual framework for new product launches
• Assist business development and relationship management with client commercial strategy
• Build more scalable and efficient processes to address growing volume and complexity of commercial operations

Desired Qualifications

• Deep understanding of technology & commercial transactions, with 10+ years of experience in executing complex global deals
• Track record of leading successful commercial and contractual negotiations, particularly around enterprise technology
• Experience implementing scalable and repeatable business processes
• Excellent interpersonal skills with the ability to build relationships with internal and client senior management
• Investment Banking, Corporate Development and / or Legal background strongly preferred, preferably with a Technology or Financial Institutions focus
• MBA, CFA, or JD strongly preferred

For New York, NY Only the salary range for this position is USD$147,500.00 - USD$195,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.