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Helpful (5)

Stable (Relative to Street) But Bureaucratic and a little bit too political

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

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

Neutral Outlook
Approves of CEO
Neutral Outlook
Approves of CEO

Pros

Decent pay though not the best. Relatively successful business model. Culture generally promote ethical behavior. Work (in Portfolio Analytic) can sometimes be rewarding.

Cons

PMG dominance, a senior PM person is always right attitude. Uncritical of true value add, cost vs. benefits. Management throw bodies at problems without real coordination or coaching.

Advice to Management

1) Fire people who are unproductive (we all know who they are), they suck hundreds of millions out of the firm each year without meaningful contributions
2) Silence selfish, tunnel visioned senior PMs/Traders who are hogging resource w/o adding value to clients + bottom line. This way you get more people working on high impact positive NPV projects
3) Stop hiring clueless business degree grads into junior roles without telling them how much they need to be comfortable with technology on while recruiting campus

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  1. might be good for moms and pops. bad for young, aspiring ppl

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BlackRock

    Pros

    stable job, good hours, easy-going work environment

    Cons

    inflexible system, too much company politics, bad compensation, no pay for performance.
    a bunch of incapable middle managers holding on to the job and doing nothing

    Advice to Management

    fire old and hire young

  2. business development associate at Blackrock

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    work culture, personal growth, competitive Wall Street salary

    Cons

    Typical Wall Street hours, however nothing much to complain about

    Advice to Management

    n/a

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