ETF Product Developer, Associate

About the Role

BlackRock is a preeminent asset management firm providing global investment management, risk management, and advisory services. Our mission is to create a better financial future for our clients, representing each client fairly and equally through continuous innovation and collaboration. We offer a range of investment solutions, including iShares® ETFs.

The ETF Platform team within BlackRock Global Markets & Index Investments (BGM) is responsible for the end-to-end design, evolution, and scalability of the ETF operating model. This team enables innovation across the ETF value chain and reinforces BlackRock's leadership in the ETF industry.

We are seeking an Associate, ETF Product Developer to design and deliver innovative iShares ETFs and the platform capabilities to support them. This role is at the intersection of investment products, markets, technology, and operations, focusing on architecting scalable operating models for new investment strategies and asset classes within the ETF wrapper. You will support the development of next-generation ETF and ETP solutions across active, derivative-based, and digital asset exposures, translating investment concepts into scalable product structures, market solutions, and operating models. This role requires a collaborative, solutions-oriented individual who can work across Global Product, Portfolio Management, ETF Capital Markets, Technology, Operations, Risk, Legal, and Compliance. Intellectual curiosity, strong problem-solving skills, and a passion for improving investor outcomes are essential.

Key Responsibilities

• Architect innovative ETF operating models: Design and implement end-to-end operating models and platform capabilities to enable new ETF products, investment strategies, and asset classes.
• Enable product innovation: Partner with Product and Investment teams to evaluate new product opportunities, identify structural and operational complexities, and develop solutions for successful launches.
• Drive cross-functional execution: Lead initiatives across Portfolio Management, ETF Capital Markets, Technology, Operations, Risk, Legal, and Compliance, aligning stakeholders and managing dependencies to deliver outcomes.
• Build scalable and resilient platforms: Ensure operating model designs are scalable, efficient, risk-controlled, and capable of supporting business growth and product complexity.
• Solve complex challenges: Identify risks, constraints, and opportunities across the ETF investment lifecycle, developing creative and practical solutions that balance commercial objectives, investment needs, and operational considerations.
• Advance platform transformation: Identify opportunities to leverage technology, automation, AI, and market infrastructure developments to improve efficiency, reduce operational risk, and enhance platform capabilities.
• Influence and communicate: Synthesize complex topics, articulate trade-offs, and drive alignment and decision-making across diverse stakeholders and senior leadership.

Requirements & Tech Stack

• Experience in financial services, preferably in ETF product development, investment management, capital markets, investment operations, or risk management.
• Strong understanding of securities markets, investment products, and the ETF ecosystem, including familiarity with multiple asset classes and the investment lifecycle.
• Strong analytical and problem-solving skills, with the ability to connect the dots across complex processes, challenge existing approaches, and design innovative, scalable solutions.
• Demonstrated ability to lead cross-functional initiatives, build relationships, influence decisions, and drive outcomes across diverse stakeholders without direct authority.
• Excellent communication skills, with the ability to synthesize complex topics, articulate trade-offs, and engage effectively with senior stakeholders.
• High intellectual curiosity and an interest in investment strategies, market infrastructure, and technology, with the ability to learn quickly and navigate ambiguity.
• Self-motivated, organized, and outcome-oriented, with sound judgment and the ability to manage competing priorities in a fast-paced environment.

Preferred Qualifications

• Experience designing ETF operating models, investment workflows, or technology-enabled platform capabilities.
• Familiarity with ETF primary markets, portfolio management processes, and BlackRock's Aladdin platform or comparable investment technology.