BlackRock Division Question
Just wanted to ask you Asset Management experts, do you think BlackRock Client Solutions is back office?
Just wanted to ask you Asset Management experts, do you think BlackRock Client Solutions is back office?
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More info needed. Those printouts seem way to generic. Title? Responsibilities? Etc. Theoretically, I'm not client facing, but I'm fully licenced, and have I've accepted awards at dinners, and have been mentioned in industry pubs. Other people in different positions that would probably fit into that same box if that was us would never see the light of day.
Why are you asking this again? You already got the answer. Obviously you don't want to work at DB so just accept the BlackRock offer.
BO/MO/FO are pretty ill-defined/different on the buy-side. Trading at banks is a front-office role while it's considered to be the back office or perhaps middle or rarely front (at some funds) in buy-side shops, for example - but that doesn't mean it's not important! Strictly speaking, BRCS is front office because it's an advisory practice and therefore a direct revenue source for BLK. But you're working on asset allocation stuff, you're not doing the kind of investment analysis/research for the actual funds (not that there are many of those roles left at BLK anyway), so from the strict buy-side finance perspective it's not a front-office role like equity research at Fido or Wellington or what have you. What I'm saying is you can't really neatly apply the BO/MO/FO paradigm from banking to Asset Management.
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