BlackRock Reviews in London, England

Updated August 26, 2014
Updated August 26, 2014
636 Reviews
3.3
636 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
457 Ratings

Review Highlights

Pros
  • Career progression, good management & the company embraces work life balance (in 48 reviews)

  • these are very smart people with tremendous resources spread across the globe (in 51 reviews)


Cons
  • if you want any type of work life balance rethink your idea to join this firm (in 65 reviews)

  • Very long hours, if you are not an investor you're kind of second class (in 48 reviews)

More Highlights

3 Employee Reviews Back to all reviews

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  1.  

    The more you work the less it will be appreciated

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  London, England (UK)
    Current Employee - Vice President in London, England (UK)

    I have been working at BlackRock full-time for more than 8 years

    Pros

    Had a few few years with BLK but all those started with me all left as they had ENOUGH.

    Cons

    Salary below Market Rate. Employee has to pay for the name to be on their CV
    Work Life balance was a nightmare... even when you had to take off for family reason, you still will be contacted to do some work
    HR only think about the business --- HR stands for Hardly Relevant
    Manager was very rude and had complaints addressed to HR... But all left the BAD stayed

    Advice to ManagementAdvice

    Review your HR team and also look into teams where you have lots of talented people leaving. Get the bad manager out and bring/keep the good ones. No need to do an employee survey and not learning from it.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2. 8 people found this helpful  

    I gave BlackRock a chance, but it remains dreadful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President  in  London, England (UK)
    Current Employee - Vice President in London, England (UK)

    I have been working at BlackRock

    Pros

    BlackRock is the biggest fund manager on the block, so it has the potential for great scale and domination of the asset management business. There are a couple of good managers.

    Cons

    Working in the business may be better, but London IT is a sorry department to be in. Decent senior managers are like needles in a haystack. Every time we have a senior manager addressing us we hear how great everything is but it is normally a case of The Emperor's New Clothes. Central control from New York is a death grip. Autonomy is not tolerated. Experienced people are given trivial jobs to do to "prove themselves". Sharing of information between teams is poor. Documentation is inadequate - the "Aladdin Way" has to be prised from key developer's heads.

    Advice to ManagementAdvice

    Let talented people make their own decisions. Learn how to plan ahead. If you are moving 2500 staff to a new building and changing operating system at the same time you need to allocate sufficient resources and time to it, and communicate things clearly. Having an emergency meeting to communicate what is happening AFTER people have started moving shows you are ill prepared.

    Larry, you may be a great business leader, but IT is seriously disfunctional - we waste a lot of time building exactly what we are told by our senior management only to be told it is not needed anymore. IT decision making occurs after everything is built. People like to say No as they feel that shows that are protecting Aladdin. They are wasting money and time - they should set be capable of setting the direction up front.

    Doesn't Recommend
    Disapproves of CEO
  3. 6 people found this helpful  

    3 Years In RQA Was Enough For Me

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Risk Management  in  London, England (UK)
    Former Employee - Risk Management in London, England (UK)

    I worked at BlackRock

    Pros

    Pay was decent but nowehere near an IB

    Cons

    Prett poor systems - Long working hours.
    Everyone kept talking about one blackrock systems. These are archaic and writen in really ancient languages that only one or two people could use. The systems would only work in IE6 (No firefox) and were slow!!!

    Advice to ManagementAdvice

    Start rewriting systems - People dont want to keep using IE6 and mess about with command lines.

    Doesn't Recommend
    Disapproves of CEO

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