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Associate, Transition Project Manager (Portfolio Restructures) - Fixed-Term

AT BlackRock
BlackRock

Associate, Transition Project Manager (Portfolio Restructures) - Fixed-Term

Budapest, Hungary

About this role

Business Unit Overview

BlackRock's Transition Management (TRIM) team manages more than 300 transitions a year from hubs in London, Budapest, New York, San Francisco, Tokyo, Singapore, and Hong Kong across equity, fixed income and multi-asset class transitions. The transition service encompasses detailed analytics, portfolio and risk management and trading implementation to achieve bespoke client objectives.

Our clients are some of the largest asset owners worldwide, including central banks, sovereign wealth funds, public pension plans, corporate pension plans, and other institutional investors. With a team of over 55 transition professionals, we offer one of the industry's most comprehensive transition management platforms.

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Role Overview

  • As a Transition Manager at BlackRock, you will play a pivotal role in managing client transition projects, ensuring seamless execution and exceptional client service.
  • The Transition Manager is accountable directly to the client to maintain the highest standard of care, responsiveness and deliver a high standard of service.
  • The Transition Manager is an excellent communicator (written and verbal), a problem solver that can react in a fast paced, dynamic environment and present complex information and concepts in an easy to digest format to clients.
  • The Transition Manager is responsible for planning and project management of the transition, communication with internal and external stakeholders and co-ordination of the operational requirements.
  • The Transition Manager is one of three key roles responsible for the end-to-end delivery of a client transition project, working collaboratively with the Portfolio Manager and the Client Strategist to co-own the project.
  • The successful candidate will need to communicate, network, and to establish and maintain productive working relationships with individuals at all levels, both internally and externally.
  • Team members collectively own their successes and failures and are part of an environment where there is a strong commitment to develop and grow careers with a focus on passion and excellence.

Key responsibilities

  • Ability to scope, plan, coordinate and manage the process of transitioning assets
  • Building and maintaining strong relationships with, and managing, internal and external stakeholders effectively to ensure the successful delivery of the project
  • Identifying, understanding and mitigating all forms of cost and risk that occur during the period of change
  • Developing a detailed understanding of exposure, execution, process and operational management
  • Defining and owning a clear transition project plan
  • Establishing strong relationships
  • Communicating effectively with all relevant parties to execute a successful transition project

Skills and Qualifications

  • University degree in a relevant field
  • At least 3 years of relevant experience, including project management, client service, and experience in Financial Services, ideally in a market/investment facing role or in a supporting capacity.
  • Key skills required for this role include attention to detail, client service, stakeholder management, and technical knowledge. A strong appetite for learning is essential.
  • Excellent communicator and an ability to speak with clients on a number of levels
  • Good understanding of capital markets and financial instruments
  • Proficiency in Excel. Proficiency in project planning tools a plus
  • Ability to multi-task and prioritise tasks in a demanding and fast-paced environment
  • Team player, high energy, curious, and attention to details are essential to succeed
  • Self-motivated, confident, and proactive problem solver with a positive "can-do" attitude, who is also a reliable and trusted team player with strong integrity and ethical standards.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

Client-provided location(s): Budapest, Hungary
Job ID: blackrock-R250481
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Life Insurance
    • Mental Health Benefits
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • Fitness Subsidies
  • Parental Benefits

    • Family Support Resources
    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
  • Work Flexibility

    • Hybrid Work Opportunities
    • Flexible Work Hours
  • Office Life and Perks

    • Casual Dress
    • Commuter Benefits Program
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Unlimited Paid Time Off
    • Volunteer Time Off
    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
    • 401(K)
    • Company Equity
    • Performance Bonus
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Lunch and Learns
  • Diversity and Inclusion

    • Founder led
    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program

Company Videos

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