Description

About this role

Temasek and BlackRock, Inc have announced the establishment of a joint venture called Decarbonization Partners that will invest in the next generation of innovative decarbonization solutions and businesses to accelerate global efforts to achieve net-zero emissions by 2050. This partnership represents an extension of Temasek and BlackRock’s commitment to sustainability, a core tenet of each firms’ forward strategies. This joint venture has the goal of democratizing net zero investing and establishing decarbonization and climate solutions as a new asset class. 

Decarbonization Partners launched its initial fund in early 2022, focusing on next generation renewables and mobility including emerging fuel sources, grid solutions, battery storage, and EV / AV technologies. The fund evaluates frontier decarbonization sectors including carbon capture & storage, industrial applications, the built environment and manufacturing.

Decarbonization Partners deploys late-stage venture and growth equity capital across multi-stage investments. This allows the fund to provide flexible capital solutions across the cycle to scale businesses, platforms, and solutions driving emissions change.

Job Summary

BlackRock has an opportunity for a highly motivated and qualified candidate to join this newly established team.  The role will give the candidate significant investment exposure on projects/deals across a wide range of sectors and geographies. The individual will work with an experienced senior team in a collaborative and entrepreneurial work environment. The role will have responsibility for project and financial modelling, deal assessment and execution, development and review of due diligence reports, market research, portfolio monitoring, and general analytics. The individual will also assist senior investment colleagues in preparing presentations, perform financial analysis and industry research.

Key responsibilities

• Running and developing financial models in order to analyze investment opportunities

• Working with the investment team to assess and execute investments. This will include conducting due diligence, financial review, preparation of presentation material for investment committee, etc.

• Performing market research, including research on potential investments, industries, competitors, etc.

• Assist in the monitoring of investments in the portfolio

• Involvement in providing portfolio reports and analytics for internal and external use

Experience & skills

• Strong academic background

• 1-5 years of investment banking, management consulting, venture capital or private equity related experience. Other relevant experience may be considered

• Strong understanding of private market investments

• Highly numerate with solid financial modelling and evaluation skills

• Experience of undertaking due diligence processes and reviewing finance and legal documentation is a plus

• Ability to work independently while also participating collaboratively as part of a team

• Solid project management skills; able to manage workload effectively and deliver quality work on schedule

• Strong presentation skills as well as strong oral and written communications skills

• Team-oriented; demonstrate enthusiasm and commitment to working in a friendly and entrepreneurial team environment

• Culture fit is critical

• CFA, CAIA, or advanced degree is helpful

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 pilot

BlackRock’s current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what’s important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our “One BlackRock” culture means you’ll be supported to collaborate with your new colleagues while bringing your full self to work – wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.