Director, Executive Compensation / Employee Benefits Attorney
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About this role

Your team

The role is part of the Employment team within BlackRock's Legal and Compliance Department's Corporate Law team. We provide legal counsel primarily to the Human Resources Group, but also to all other business groups, on legal issues related to all aspects of employment and the employee life cycle.

Your role and impact

The role will involve the provision of legal support on Executive Compensation and Employee Benefits matters. A primary focus will be providing counsel to BlackRock's Compensation and Employee Benefits Teams within the Human Resources Group, in connection with BlackRock's compensation, equity, carried interest, retirement and health and welfare plans. The role will be located in New York.

Your responsibilities

• Provide practical legal counsel to Human Resources and interface with outside counsel with regard to day to day issues including:
  • BlackRock's stock plan, voluntary deferred compensation plan, employee stock purchase plans, and carried interest plans;
  • Required public company disclosure issues;
  • BlackRock's 401(k) plan (including fiduciary guidance to its retirement committee, investment and administrative subcommittees); health savings accounts and health and welfare programs;
  • Development and updates of policies, plan documentation and communications relating to BlackRock's compensation and employee health and welfare plans and programs;
  • Support in respect of vendor agreements and client RFP process;
  • Negotiation and documentation of employment, retention and separation agreements and restrictive covenants of varying complexity.
• Provide legal counsel and support with HR-related elements of strategic transactions / acquisitions, including:
  • Due diligence, especially with regard to employee benefits, compensation plans and other qualified and non-qualified plan issues;
  • Negotiation / drafting of employment-related reps and covenants in M&A deals;
  • Interface with outside M&A and employment counsel on M&A transactions;
  • Pre / post-close implementation.
• Develop, revise and implement related policies and training solutions and stay atop of industry developments to help BlackRock be best in class.

You have

• A minimum of 8+ years' experience in executive compensation and employee benefits subject areas;
• Preference given to experience in the financial services industry (including private equity / private markets) and executive compensation experience with a public company;
• Some subject matter experience in risk mitigation related to key employee-life cycle events (hiring, retention and terminations) and corporate transactions;
• Strong analytical and problem-solving skills;
• Ability to manage and prioritize multiple complex projects simultaneously;
• Strong communication skills (oral and written), with both legal and non-legal professionals and comfort working in a role requiring utmost discretion and confidentiality;
• Collegial, team player;
• Major law firm experience preferred;
• JD degree and member of the New York bar.

For New York City only: The salary range for this position is $233,000 - $272,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including health care, leave benefits, and retirement benefits.

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.

Our hybrid work model

BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week.

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.

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.