Head of FIG Singapore & SEA

Employer
BlackRock
Location
Singapore, Singapore
Salary
Competitive
Posted
25 Nov 2021
Closes
25 Dec 2021
Ref
12791005
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

Business Overview:

  • The Financial Institutions Group (FIG) is responsible for developing and maintaining relationships with BlackRock's global financial institutions clients which include insurance companies, banks, and other financial firms. We pride ourselves on creating and delivering bespoke investment solutions, advisory, and analysis to our sophisticated client base. The group is one of the industry's largest managers of insurance company assets, and our insurance practice is a strategic focus of the firm.
  • The team in APAC has more than 10 professionals with different backgrounds and expertise in the many functions that, combined, make this effort successful. These include relationship management, markets, sales, strategy, regulatory, client service, and product development next to comprehensive insurance knowledge. The global FIG team has over 80 dedicated professionals.
  • FIG APAC operates as part of a global FIG, which is the insurance specialized center of excellence that delivers BlackRock's differentiated strategy and global platform to Insurers. The team maintains relationships with the firm's insurance clients (with total general account AUM of c$450BN, as part of a total Insurance AUM of more than $1T); and is on course to continue growing at over 10% p.a and one of the key growth drivers of the firm.
  • The expectations for the business are such that the team is passionate about first class client coverage as well as further improving, evolving and developing existing relationships.
  • This role provides an opportunity for an individual to become an integral member of a growing team, helping to shape the strategic direction of the business.


Job Purpose/Background

This role based in Singapore will be reporting to the APAC Head of Financial Institutions Group. You will work closely with the APAC Head, FIG Sales and Insurance Solutions support growth of the FIG business in SE Asia (including Singapore). The successful incumbent will have the following responsibility:

  • Support the APAC Head of FIG to determine sales strategy, execution to expand beyond existing insurance client base and business in SE Asia & Singapore
  • Develop, manage and strengthen relationships with SE Asia & Singapore life insurers, P&Cs, reinsurers and their affliates. This would include identifying new business opportunities and developing strategic alliances with key partners to grow assets
  • Maximize and grow sales across our platform, including but not limited to both active and passive strategies across Equities, Fixed Income, Multi-asset, Alternatives, Aladdin and bespoke solutions, in order to deliver aspirational financial results measured by AUM, net new business and revenue targets for the SE Asia & Singapore FIG business.
  • Partner with key stakeholders including but not limited to Marketing, Insurance Solutions, Global Product Group (GPG) to drive marketing campaigns and business solutions for insurers and project-manage strategic initiatives to further build up Firm's brand awareness amongst the clients and prospects
  • Represent BlackRock in the market place by being involved in public speaking and organising industry events and forums
  • Participate and contribute to FIG APAC on knowledge sharing, and culture/ team building
  • Interact Global FIG stakeholders on SE Asia & Singapore FIG business development, collaborate and seek synergy covering regional/international insurers who have a SE Asia & Singapore presence
  • Formulate, own and execute growth strategy of key client relationships
  • Oversee the development team members: on-the-job coaching, constructive feedback and evaluation


Skills/Qualifications/Experience:
  • Min. 12 years experience as Relationship Manager selling insurance asset management products/solutions to insurers in SE Asia (including Singapore), and /or insurance consulting & advisory experience
  • Strong overall sales acumen and analytical skills
  • Strong interpersonal and presentation skills
  • Ambitious work ethic, professional disposition, detail-oriented, good team player
  • Ability to build relationships and influence people at all levels and functions; can work through difficult problems and in conflict situations
  • Bachelor's degree required
  • This role will work with clients across South East Asia and good command of any SE Asian language would be an advantage (Bahasa, Thai, etc)
  • Local securities license is required
  • CFA license preferred


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.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | 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.

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