BlackRock

  www.blackrock.com
  www.blackrock.com

BlackRock Reviews

Updated November 21, 2014
Updated November 21, 2014
668 Reviews
3.3
668 Reviews
Rating Trends

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

Review Highlights

Pros
  • Management cares about work life balance and actively seeks ways to improve it (in 50 reviews)

  • these are very smart people with tremendous resources spread across the globe (in 52 reviews)


Cons
  • I can tell from the analysts I worked with that work-life balance was not great (in 71 reviews)

  • Very long hours, if you are not an investor you're kind of second class (in 50 reviews)

More Highlights

221 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    BlackRock... Don't look behind the curtain...

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY

    I worked at BlackRock full-time (more than 3 years)

    Pros

    Sheer size of BlackRock makes them a HUGE force on Wall Street so clients almost have to do business with them. Compensation is usually pretty good.. with many people getting allocations of deferred BlackRock stock. The sheer vastness of products, clients & geographies make it a good place to work & learn.

    Cons

    The company is hierarchical which makes advancement difficult at times. The power is still concentrated in the hands of a few people. Senior managers are limited in decision making abilities & responsibility.

    Advice to ManagementAdvice

    Delegate more responsibilities to more senior managers (MD's). Show a bit more appreciation to the lower level employees..

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great learning opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock as an intern (less than an year)

    Pros

    People are extremely willing to teach you things that even go a bit beyond what is required in your job. Additionally, casual atmosphere is quite nice. Intra-firm resources and proprietary systems are fantastic. Firm mobility between divisions is also a plus.

    Cons

    Traditional finance complaints...high intensity, can be long hours. Work flow is cyclical rather than consistent.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Summer Internship at Portfolio Analytics Group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Summer Internship in San Francisco, CA
    Current Employee - Summer Internship in San Francisco, CA

    I have been working at BlackRock as an intern (less than an year)

    Pros

    People are very nice. They tend to teach you a lot of things. And you get to learn a lot through speaker series etc

    Cons

    This group is kinda middle office, career path is a problem

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    I feel very privileged to work at BlackRock

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock

    Pros

    Wonderful benefits; exciting mobility potential; very attractive on a resume

    Cons

    Very competitive; tough to navigate

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Cash Reconciliation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Wilmington, DE
    Current Employee - Analyst in Wilmington, DE

    I have been working at BlackRock full-time (more than an year)

    Pros

    good first job out of college

    Cons

    long hours, hard to move up

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Depends on the team...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA

    I worked at BlackRock full-time (more than 5 years)

    Pros

    Was proud to be part of the largest asset management firm in the world. It is relatively easy to move between groups, cities or relocate to other countries if you work hard and prove yourself worthy. Great to work with really talented people. The company matches donations and encourages volunteering.

    Cons

    Some groups are more equal than others - if you're a portfolio manager, you're treated like gold. If you work in IT, chances are there won't be a budget available for additional training and very limited opportunities for much-needed business travel. Having teams spread around the world in different timezones means that you're expected to attend meetings at weird hours, like 6am or 10pm.

    Recommends
  8.  

    It's been very productive so far.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in San Francisco, CA
    Current Employee - Vice President in San Francisco, CA

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

    Pros

    The firm is involved in all sectors of the market so there is a excellent breadth of opportunities to be involved in.

    Cons

    The firm has grown in size and this becomes an issue. This makes it very hard to get noticed and it takes time to get anything kicked off the ground.

    Advice to ManagementAdvice

    Provide more opportunities for personal growth.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great company, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY

    I worked at BlackRock part-time (less than an year)

    Pros

    The people are genuine and very helpful. The corporate structure is very flat. I was only an intern when I worked there, but they really valued my time and treated me well. For analysts, there are great benefits and the pay is good (which was also true for interns).

    Cons

    I can tell from the analysts I worked with that work-life balance was not great. For the first 5 years or so expect to be working 60 hour weeks.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Now you're just a company that I used to know..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Contractor in San Francisco, CA
    Current Employee - Contractor in San Francisco, CA

    I have been working at BlackRock as a contractor (less than an year)

    Pros

    Progressive company with a strong message of responsibility and ethics. There are many areas for career growth and the ability to work with some of the top minds in their respective field is simply amazing. From Physicist, to Mathematicians, Scientist, and Entrepreneurs BlackRock has them all.

    Cons

    The technology could be managed better in terms of business processes, and management. The staffing model of the I.T. support area is VERY weak and far below par on what BlackRock provides to its external customers. Good employees are never hired as full time and leave taking much needed knowledge with them.

    Advice to ManagementAdvice

    Higher an external consultant to work with America's Technology Support that has auto industry experience in ISO-9001 and Six Sigma. The current leadership does not understand the value in having 100% stream line processes, and improving upon that. Technology Support should be approached with the same goal as manufacturing, to create a perfect product.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Great place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Modeling Analyst in New York, NY
    Current Employee - Financial Modeling Analyst in New York, NY

    I have been working at BlackRock part-time (more than 3 years)

    Pros

    Lots of challenge and diversity

    Cons

    Bad work life balance, may be hard to stand out to management

    Recommends
    No opinion of CEO

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