Director - BIS Policy
Description About this role Team Description:
As an independent, fiduciary asset manager, BlackRock is committed to acting at all times in the best long-term interests of our clients. We undertake our investment stewardship activities to protect and enhance the economic value of the companies in which we invest on their behalf.
BlackRock Investment Stewardship (BIS) is considered an investment function and an important component of BlackRock's client value proposition. The team operates in seven offices across three regions - the Americas (New York and San Francisco); Europe, Middle East and Africa (London); and Asia-Pacific (Tokyo, Hong Kong, Singapore and Sydney) - and undertakes engagement with and proxy voting at portfolio companies on behalf of clients globally.
BlackRock aims to take a common view in-house regarding our engagement and voting policies and uses the BIS group to develop, communicate and implement these policies across the 95 markets and approximately 16,000 shareholder meetings at which the firm votes each year. Role description:
The Director, Policy will work closely with the Managing Director, Global Institutional Relations and Policy to develop BIS' policy positions and thought leadership pieces on perpetual and emerging stewardship issues. He/she will play a key role in developing and maintaining BIS' voting and engagement policies globally, in close collaboration with regional BIS teams. He/she will apply corporate governance expertise to contribute to policy-related content across BIS publications including ad hoc thought leadership reports, topical commentaries, and standard publications for client consumption. The person in this role would work closely with colleagues in the Sustainable Investing and Global Public Policy teams on issues that overlap with their areas of responsibility. The Director - Policy will also partner with multiple corporate functions across BlackRock to stay aligned on BlackRock positioning on emerging trends and issues.
The role reports to the Managing Director, Global Institutional Relations and Policy and is based in New York. Key Responsibilities:
The person in this role will have/be:
- Develop and maintain BIS' voting and engagement policies, in collaboration with the Managing Director, Policy and regional teams
- Apply corporate governance expertise in leading the annual policy review process, working with regional teams to ensure voting guidelines address key voting issues, relevant KPIs and achieve the appropriate balance between global consistency with local relevance
- Monitor public policy developments and make recommendations for off-cycle policy updates or other communications on key issues arising
- Provide policy insights to shape BIS communications
- Contribute policy-related content to BIS publications
- Contribute content to client-specific requests for information on our policy views
- Draft ad hoc reports, commentaries or thought leadership pieces as required
- Monitor emerging trends and issues and help shape BIS' policies
- Undertake periodic 'horizon scanning' exercises with colleagues to identify key emerging trends that may impact BIS' work or policies
- Use insights gained from research and engagement to advise on options for BIS' position on emerging issues
- Contribute to communications collateral
- Help ensure BIS has the appropriate suite of published policies and suggest areas for research and thought leadership as necessary
- Work with team subject matter experts to publish thought leadership pieces, unique research, and opinion pieces (e.g. blogs)
- Contribute to firm-wide publications (e.g. BlackRock Investment Institute and Global Public Policy papers)
- Produce materials for internal training on the BIS team's policy positions and thought leadership and participate in training sessions as needed
- Contribute to speaking notes, internal playbook content and/or formal text for delivery, presentation decks and finalize transcripts of remarks on policy issues for publication as required
- Coordinate with team members to support their submissions to public policy consultations
- Coordinate with partners in other BlackRock businesses to ensure alignment of BIS positions with those taken elsewhere in the firm
- Develop an external network to support a sound understanding of the policy debate, anticipate developments and communicate BlackRock's views
- An undergraduate degree that contributed to the development of strong research and analytical skills
- Exceptional business writing and communication skills
- At least five years in a relevant corporate governance role at an investment firm, corporate, or corporate advisor
- Proven track record in policy development and thought leadership, including coordinating views of multiple stakeholders
- Fluency in and knowledge of investment management, economics and finance
- Proven interest in corporate governance and sustainability as investment issues
- The ability to understand complex issues and translate them into simple, actionable ideas for clients and other key stakeholders
- Research and analytical capabilities
- The ability to manage competing demands on their time and keep track of projects and deadlines
- The ability to build and maintain successful relationships with colleagues across the firm and with external parties
- The ability to work effectively and accurately under time pressure
- Details focused and persistent to see things through to completion whilst managing multiple tasks and changing priorities
- Organized, self-reliant and self-motivated
- Professional and personal integrity and excellent judgment
BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of June 30, 2020, the firm managed approximately $7.32 trillion in assets on behalf of investors worldwide.
For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock
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, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
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.