BlackRock Reviews

Updated June 29, 2015
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BlackRock Chairman and CEO Laurence D. Fink
Laurence D. Fink
81 Ratings

Pros
  • Work life balance is good (dependent on department) (in 50 reviews)

  • Very smart people but mostly young in their 30's (in 52 reviews)

Cons
  • Not a great sense of work/life balance (in 71 reviews)

  • Can be long hours but fairly compensated for them (in 50 reviews)

More Pros and Cons

114 Employee Reviews

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  1. Quantitative Analyst

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

    I have been working at BlackRock as an intern

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good working environment. Largest asset management firm of the word.

    Cons

    It's more like a programmer work.


  2. Great company, cares about you as an employee, irrespective of level

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

    I have been working at BlackRock

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great environment, smart people, collaborative, always willing to help/make time

    Cons

    None that come off instantly, depends on nature of work itself


  3. Manager

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BlackRock

    Pros

    People and systems are among the best in the business, global reach and brand recognition open doors, great investment products

    Cons

    The firm is very large and might have lost its unique sense of identity. It may be difficult for some to understand the culture of the firm

    Advice to Management

    Reward employees who excel, create careers for new entrants, do not lose sight of the firm's vision, stay true to your roots


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  5. Client Service Manager

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place to work and advance in your career. Management and co-workers encourage growth

    Cons

    With everyone trying to move to the next step it was steep competition.


  6. Helpful (2)

    Blackrock

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

    I have been working at BlackRock full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great management, great work life balance, lots of internal opportunity

    Cons

    Culture can vary dept to dept. current is wonderful but prior was awful. Always important to get a solid feel for group you're going into and how the firm views that groups' contribution to the firm. It makes a difference come bonus time.


  7. Helpful (27)

    Great Experience and People But No Country For Old Men....

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Production, Implementation & Engineering Associate in Wilmington, DE
    Former Employee - Production, Implementation & Engineering Associate in Wilmington, DE

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    You learn A LOT starting on day one. You can go as far as you want and hard work is recognized. The greatest motivation is the outstanding and committed people around you who have ownership mentality. BlackRock is an enigma. Its a very large company with very few meetings, having only 6 in almost 3 years,very few formal processes but for some reason everyone knows what to do: understanding clients, shareholders and management demands. Nobody tells you what to do but they are very clear on what they expect. If you hate long boring meetings, loathe useless conversations and desire direct access to management, this is the place for you.

    The secret to BlackRock is their people. They look beyond education and grades (which still are still important) to character, commitment and willingness to learn things outside the comfort zone. You will see liberal arts majors writing code and SQL while computer science majors do their CFA. Its a very good dynamic, connecting business and engineering. I told a director in my interview: "I don't know what you have in mind for me but whatever it is, for every dollar you invest (in me), you will get three back by the end of the year!". He replied, "I like confidence!". I was interviewing at GE to be a sourcing manager at the same time. I chose BlackRock, not really understanding the role, but rather on the energy.

    I even met Charlie Hallac after my 2nd week. The company #3 knew who I was, calling out a few points on my CV during our impromptu conversation. BlackRock MD's and executives see everything from afar like Odin sees the world through his ravens. I received several emails from MDs and executives, thanking me when I stayed up late doing extra QC on days with large market movements.

    The colleagues helpfulness depends on who you ask. If you persist, you can get help. I even learned to code by bothering and annoying my colleagues on a regular basis. If you smile and show a lot of energy, even the most grumpy give in, teaching you something. There is no formal training process. On day one, you are given a black notebook and a pen. Then its baptism by fire. Its very important to write everything down because they remember what they told you, getting very upset if they have to repeat themselves. People yell at you, a lot, but its ok. It is part of the learning process and gives you good war stories later. The first 6 months, you feel lost but then things start to click, so hang in there.

    Hard work at BLK does not go unnoticed. The experience and long hours paid off with a position 2-3 levels higher in another company. As a director at the new job with hiring responsibility, the first thing I did was search out my former colleagues with the goal of replicating this culture.

    Cons

    I started this job at 39 years of age. Keeping up with aggressive young people with high IQ's, good breeding and raw ambition wears you out. The hours are very long, but this is necessary to learn the job. The job is also addictive. No one tells you to stay late, you sort of do this on your own, losing track of time because the work is actually interesting and you feel needed. This pays off. Having BlackRock on your CV can land you a very good job anywhere in the world. It takes a few years after you left to understand this. The biggest con is that the Delaware office is next to a graveyard. Its a depressing view, especially when your old.

    Advice to Management

    As the company grows and becomes more mainstream, you may lose this magic. Its very important to keep discipline and spend lots of time on hiring the right people while teaching the company history and culture. I didn't get along with half of my co-workers but I respected them for their sense of ownership, integrity and high level of intelligence.


  8. Administrative Assistant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Franklin Park, NJ
    Former Employee - Administrative Assistant in Franklin Park, NJ

    I worked at BlackRock (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great team collaboration and diversified work environment. Lot's of talent!!!

    Cons

    More administrative jobs should be offered at Princeton!


  9. Incoming Summer Analyst, PAG

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

    I have been working at BlackRock

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The people are brilliant, the culture is relaxed and welcoming, and they care about work-life balance, instituting excellent programming for interns. Baseball games, investment competitions, all that jazz.

    Cons

    The office isn't as nice as it could be, though it's still rather nice. The people more than make up for it. I'd much rather take something of a grey office, than a bunch of cocky guys running around. We don't have those!

    Advice to Management

    Keep it up.


  10. Helpful (2)

    Excellent Company

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

    I have been working at BlackRock

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I'm very fortunate to work for BlackRock. The culture fosters innovation and the employees are top notch.

    Cons

    No Cons except the company is not allowing use of Gmail anymore.


  11. Director

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

    I have been working at BlackRock full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Culture, Management, Technology, Resources, Ambition

    Cons

    it is a big company

    Advice to Management

    keep it up



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