Discrimination at BlackRock

Came across this post, has anyone experienced or heard similar stories?

My name is Essma Bengabsia. I am a hijab-wearing Arab-American Muslim woman of color, and I was sexually harassed and discriminated against on the grounds of my race, religion, and gender at BlackRock.
I wrote this shortly after I left BlackRock in 2019 but delayed publishing due to my own hesitation. However, in the 2 years since I left, I continue to see Black and Brown employees at BlackRock facing the same racism I faced, and they continue to leave the company in droves due to the mental anguish that BlackRock’s hostile working environment has caused them, while the perpetrators face little to no accountability.
BlackRock will not change its ways until we hold it accountable. So today, I hold BlackRock accountable.
Ilhan Omar said that “if we want to stop being the caged lion, then we must start roaring.”
This is my roar.
I joined BlackRock through a diversity cohort within the 2017 summer internship program. I then returned as a full-time analyst in 2018, starry-eyed and excited to take on the world in a company I thought was sustainability-oriented and committed to diversity and inclusion. I was a woman on a mission: I was going to work my way to be an unapologetic Muslim woman of color impact investor. Sure, Wall Street chases women and people of color out all the time (let alone hijab-wearing ones). But I was made of thicker skin, I told myself. I got this.
I was one of the first hijab-wearing women to work on any trading floor at BlackRock, and the only one on a trading floor in BlackRock’s headquarters in New York. I was thrilled to break a glass ceiling and chart into new frontiers on behalf of marginalized and underrepresented communities. I did it while working for the largest asset manager in the world, in fact on the same floor as the company’s CEO, with my desk literally steps away from his.
My glee didn’t last for long. In my first month on the trading floor in August 2018, I had several strange encounters. One Managing Director mimicked and mocked how I said “Assalamu Alaikum” after he overheard a phone conversation I had with my parents. One colleague explained to other colleagues how “they stone people in the Middle East” because “there are no governments there.” An older male colleague often leered at me, making my skin crawl.
At first, I thought these encounters would stop and that I could handle them. After all, I grew up in a post-9/11 America and survived each day under the presidency of a man who demonized and dehumanized my people (Donald J. Trump). My skin is thick, and my strength is made of steel. I was not going to let bullying, though hurtful, shake me.
But the bullying did not stop. Instead, it escalated.
In September 2018, as my team discussed upcoming business travels to the Middle East, one senior investor stated that Middle Easterners are overly strict Bedouins and desert dwellers. He asked me, “what do they do for fun? Party in the deserts?” When I resisted his stereotyping, he responded, “I don’t care what you say, it’s true.”
That same week, I met a Managing Director who worked in human resources (HR) and helped lead BlackRock’s diversity efforts. After I introduced myself, she insisted that my name is not American, and I could not possibly be American. I explained that I was born in Brooklyn, raised in New Jersey, and have only ever lived in America.
Another colleague consistently came to my desk to tell me he hoped to see me fail in my tasks and role. He often greeted me with statements like “You’re such a mess,” and “I hope you fail.” I took breaks during the workday to pray in BlackRock’s prayer room because in Islam, we pray five times a day (each prayer is a few minutes long). Often after my prayer breaks, this colleague publicly rebuked me for being off my desk and insisted that I did not work hard enough, although I communicated with him my need for prayer breaks.
During a holiday party in December 2018, many of my colleagues wore Christmas holiday sweaters to celebrate the season. I never owned a holiday sweater, so I came to work that day wearing my usual work attire. A senior investor on the floor berated me in front of our colleagues for not participating, even after I explained to him my background: I am Muslim, Christmas is not a holiday celebrated in Islam, and therefore I do not even own a holiday sweater. “Why don’t you just be American for once?” he yelled. He then called me the Grinch and promised to buy me a Grinch sweater to wear at next year’s holiday party.
As for my oddly-attentive colleague, I resolved to completely ignore his creepy stares. “Perhaps he’ll get the message and leave me alone, or perhaps this is just in my head,” I thought to myself. But on October 2, 2018, as I sat at my desk working, he bumped into my chair from behind me forcefully, almost knocking me over my computer and desk. I heard his voice behind me. When I did not turn around, he said to my colleagues who sat behind me, “Damn. I keep forgetting I’m like a decade older than her.”
(For the record, he is closer to two decades older than me.)
All I could think, frozen and shocked, was “Oh. My. Goodness. This is not just in my head.”
On October 11, 2018, I stood at my desk and had just wrapped up a call. I still had my headset on my head as I focused on my computer screen. Suddenly I heard, “Should I do it? Should I touch her? Does it count as sexual harassment if I touch her?”
He stood about one foot behind me, repeating this question to my colleagues. About 10 of my colleagues stood close to him and watched, some laughing, others daring him, “he’s not gonna do it. I know him, he’s not gonna do it.” One woman responded to him, “it doesn’t count as sexual harassment if you touch her.”
I wanted to turn around, scream at him as he joked about sexually harassing me, yell at my colleagues for egging him on. I wanted to do something, anything. But I froze. I felt paralyzed, abused.
Just five days before, I stood on the steps of the Supreme Court leading thousands of women protesting the confirmation of Brett Kavanaugh. I spent hours passing the megaphone to dozens of survivors who shared their stories. As a survivor myself, my wounds were open from the countless accounts of sexual violence I heard. I could not believe what I protested just five days ago was unfolding to me in this moment.
I was shocked and utterly frozen.
After what felt like an eternity, he walked away and said “No, I’m not gonna do it,” to which my colleagues amusedly responded, “I told you.” I was turned into a piece of meat for their amusement.
Shortly after, I requested a seat change to be moved further from him on the trading floor. Yet the sexual harassment did not end, nor did the racism or Islamophobia I continued to face. The magnified pain of women of color is that we not only face harassment on the grounds of our gender, but also on the grounds of our race. And in some cases, as in mine, our religion too.
“The magnified pain of women of color is that we not only face harassment on the grounds of our gender, but also on the grounds of our race. And in some cases, as in mine, our religion too.”
I started a spreadsheet to document my experiences, not because I intended to sue, but because I needed to answer the question I kept asking myself: “Is this all in my head? Am I crazy?”
Since then, I have come to learn: I am not crazy, but as Gloria Steinem says, the system is crazy.
I set out to find a solution for myself. I asked senior leaders at the firm to help transfer me out of my team and advocate for me. I begged for the intervention of those who brought me into the firm under the celebration of “diversity and inclusion.” I spoke to my team heads, division leaders, and HR officials.
I hesitated to file a formal report with HR because three of my mentors advised me not to, each of whom were senior-ranking investors at BlackRock who have been at the firm for about 10 years respectively. Each of them, in separate conversations, gave me the same honest insight: they have seen “this kind of thing” at BlackRock before. If I filed a report with HR, they advised, I would be offered a transfer to a different team, likely in an office in a different state or country. Then HR would use vague performance-related arguments to push me out of the firm. I should only file a report with HR if I was willing to accept this, they suggested.
Strangely enough, in my two years since my departure, I have seen this process play out repeatedly with other people of color at the company. I have come to learn that this is BlackRock’s HR playbook: they receive an HR report on discrimination, try to quietly address it by moving the victim to a different team in a different office, then build up a performance-related reason to delay the victim’s pay raises or promotions and/or socially ostracize the victim until they are left with no choice but to leave the firm.
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Responses (5)

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get the free Medium app.
Open in app
Syeda Safura
Syeda Safura
1 day ago

Indeed it’s sad to read what you have experienced. I have stayed in nyc. And one of my many observations is the presence of invisible demarcations among communities in that city (by region/race/money).
Wish you strength to what you have unleashed. It’s an uphill cause.
3
Reply
Christine Ng
Christine Ng
about 5 hours ago

Huge admiration for the courage you had to share your story. I've shared it on my social pages and I have no doubt you will get the numbers you need for your petition.
What I am shocked at especially, is that their Global Head of HR, Manish Mehta…...
Read More
1
Reply
Asghar Bukhari
Asghar Bukhari
about 13 hours ago

Speaking Truth in the face of Injustice is the greatest Jihad (struggle against injustice). And I have nothing but respect for you.
I hope my daughters have the courage you have. Allah loves those who do good.
1
Reply
Muhammed Wisam
Muhammed Wisam
about 16 hours ago (edited)

A few thoughts
1) I'm sorry for your expereince, blatant racism and having women encourage sexual harassment
2) Finane and the govt (military etc) tought themselves are progressive, the whole diversity spiel. Don't believe it. Even Silicon Valley that…...
Read More
Reply
Ishtiaque Khan
Ishtiaque Khan
about 4 hours ago

I went through similar experience. This has to made to stop.
Reply

MeToo At BlackRock

Essma Bengabsia
Essma Bengabsia
1 day ago·11 min read

Image for post
My name is Essma Bengabsia. I am a hijab-wearing Arab-American Muslim woman of color, and I was sexually harassed and discriminated against on the grounds of my race, religion, and gender at BlackRock.
I wrote this shortly after I left BlackRock in 2019 but delayed publishing due to my own hesitation. However, in the 2 years since I left, I continue to see Black and Brown employees at BlackRock facing the same racism I faced, and they continue to leave the company in droves due to the mental anguish that BlackRock’s hostile working environment has caused them, while the perpetrators face little to no accountability.
BlackRock will not change its ways until we hold it accountable. So today, I hold BlackRock accountable.
Ilhan Omar said that “if we want to stop being the caged lion, then we must start roaring.”
This is my roar.
I joined BlackRock through a diversity cohort within the 2017 summer internship program. I then returned as a full-time analyst in 2018, starry-eyed and excited to take on the world in a company I thought was sustainability-oriented and committed to diversity and inclusion. I was a woman on a mission: I was going to work my way to be an unapologetic Muslim woman of color impact investor. Sure, Wall Street chases women and people of color out all the time (let alone hijab-wearing ones). But I was made of thicker skin, I told myself. I got this.
I was one of the first hijab-wearing women to work on any trading floor at BlackRock, and the only one on a trading floor in BlackRock’s headquarters in New York. I was thrilled to break a glass ceiling and chart into new frontiers on behalf of marginalized and underrepresented communities. I did it while working for the largest asset manager in the world, in fact on the same floor as the company’s CEO, with my desk literally steps away from his.
Image for post
Essma Bengabsia at BlackRock’s headquarters in New York City in 2019, where she stands steps away from the trading floor she worked on near the Office of the CEO.
My glee didn’t last for long. In my first month on the trading floor in August 2018, I had several strange encounters. One Managing Director mimicked and mocked how I said “Assalamu Alaikum” after he overheard a phone conversation I had with my parents. One colleague explained to other colleagues how “they stone people in the Middle East” because “there are no governments there.” An older male colleague often leered at me, making my skin crawl.
At first, I thought these encounters would stop and that I could handle them. After all, I grew up in a post-9/11 America and survived each day under the presidency of a man who demonized and dehumanized my people (Donald J. Trump). My skin is thick, and my strength is made of steel. I was not going to let bullying, though hurtful, shake me.
But the bullying did not stop. Instead, it escalated.
In September 2018, as my team discussed upcoming business travels to the Middle East, one senior investor stated that Middle Easterners are overly strict Bedouins and desert dwellers. He asked me, “what do they do for fun? Party in the deserts?” When I resisted his stereotyping, he responded, “I don’t care what you say, it’s true.”
That same week, I met a Managing Director who worked in human resources (HR) and helped lead BlackRock’s diversity efforts. After I introduced myself, she insisted that my name is not American, and I could not possibly be American. I explained that I was born in Brooklyn, raised in New Jersey, and have only ever lived in America.
Another colleague consistently came to my desk to tell me he hoped to see me fail in my tasks and role. He often greeted me with statements like “You’re such a mess,” and “I hope you fail.” I took breaks during the workday to pray in BlackRock’s prayer room because in Islam, we pray five times a day (each prayer is a few minutes long). Often after my prayer breaks, this colleague publicly rebuked me for being off my desk and insisted that I did not work hard enough, although I communicated with him my need for prayer breaks.
During a holiday party in December 2018, many of my colleagues wore Christmas holiday sweaters to celebrate the season. I never owned a holiday sweater, so I came to work that day wearing my usual work attire. A senior investor on the floor berated me in front of our colleagues for not participating, even after I explained to him my background: I am Muslim, Christmas is not a holiday celebrated in Islam, and therefore I do not even own a holiday sweater. “Why don’t you just be American for once?” he yelled. He then called me the Grinch and promised to buy me a Grinch sweater to wear at next year’s holiday party.
As for my oddly-attentive colleague, I resolved to completely ignore his creepy stares. “Perhaps he’ll get the message and leave me alone, or perhaps this is just in my head,” I thought to myself. But on October 2, 2018, as I sat at my desk working, he bumped into my chair from behind me forcefully, almost knocking me over my computer and desk. I heard his voice behind me. When I did not turn around, he said to my colleagues who sat behind me, “Damn. I keep forgetting I’m like a decade older than her.”
(For the record, he is closer to two decades older than me.)
All I could think, frozen and shocked, was “Oh. My. Goodness. This is not just in my head.”
On October 11, 2018, I stood at my desk and had just wrapped up a call. I still had my headset on my head as I focused on my computer screen. Suddenly I heard, “Should I do it? Should I touch her? Does it count as sexual harassment if I touch her?”
He stood about one foot behind me, repeating this question to my colleagues. About 10 of my colleagues stood close to him and watched, some laughing, others daring him, “he’s not gonna do it. I know him, he’s not gonna do it.” One woman responded to him, “it doesn’t count as sexual harassment if you touch her.”
I wanted to turn around, scream at him as he joked about sexually harassing me, yell at my colleagues for egging him on. I wanted to do something, anything. But I froze. I felt paralyzed, abused.
Just five days before, I stood on the steps of the Supreme Court leading thousands of women protesting the confirmation of Brett Kavanaugh. I spent hours passing the megaphone to dozens of survivors who shared their stories. As a survivor myself, my wounds were open from the countless accounts of sexual violence I heard. I could not believe what I protested just five days ago was unfolding to me in this moment.
I was shocked and utterly frozen.
After what felt like an eternity, he walked away and said “No, I’m not gonna do it,” to which my colleagues amusedly responded, “I told you.” I was turned into a piece of meat for their amusement.
Shortly after, I requested a seat change to be moved further from him on the trading floor. Yet the sexual harassment did not end, nor did the racism or Islamophobia I continued to face. The magnified pain of women of color is that we not only face harassment on the grounds of our gender, but also on the grounds of our race. And in some cases, as in mine, our religion too.
“The magnified pain of women of color is that we not only face harassment on the grounds of our gender, but also on the grounds of our race. And in some cases, as in mine, our religion too.”
I started a spreadsheet to document my experiences, not because I intended to sue, but because I needed to answer the question I kept asking myself: “Is this all in my head? Am I crazy?”
Since then, I have come to learn: I am not crazy, but as Gloria Steinem says, the system is crazy.
I set out to find a solution for myself. I asked senior leaders at the firm to help transfer me out of my team and advocate for me. I begged for the intervention of those who brought me into the firm under the celebration of “diversity and inclusion.” I spoke to my team heads, division leaders, and HR officials.
I hesitated to file a formal report with HR because three of my mentors advised me not to, each of whom were senior-ranking investors at BlackRock who have been at the firm for about 10 years respectively. Each of them, in separate conversations, gave me the same honest insight: they have seen “this kind of thing” at BlackRock before. If I filed a report with HR, they advised, I would be offered a transfer to a different team, likely in an office in a different state or country. Then HR would use vague performance-related arguments to push me out of the firm. I should only file a report with HR if I was willing to accept this, they suggested.
Strangely enough, in my two years since my departure, I have seen this process play out repeatedly with other people of color at the company. I have come to learn that this is BlackRock’s HR playbook: they receive an HR report on discrimination, try to quietly address it by moving the victim to a different team in a different office, then build up a performance-related reason to delay the victim’s pay raises or promotions and/or socially ostracize the victim until they are left with no choice but to leave the firm.
But I didn’t know better in 2018, as a 21-year-old in her first job out of college.
So based on the advice of my mentors, I bit my tongue and tried to find a quiet workaround for myself by getting transferred to a different team without filing a report of my experiences to HR.
By February 2019, I was drained. Every plea for help I made was met with empty words of sympathy and little to no action. My psychologist had diagnosed with me PTSD, anxiety disorders, and situational depression due to my experiences at BlackRock.
I was crumbling.
At this point, I had nothing to lose if I went to HR, so I did.
I filed an extensive report with HR about all of my experiences. I ran through my spreadsheet and provided dates, times, locations, and names of witnesses for each incident of sexual harassment, racism, Islamophobia, and abusive work environment.
HR informed me that they would launch an investigation into my allegations. On May 9, 2019, I had a call with the lead investigator on my case from the HR team so he could share with me the investigation results. They “could not find evidence to corroborate my claims” on sexual harassment, he said. My mouth dropped. I gave him exact dates, times, names of almost a dozen witnesses… and I saw cameras on every part of the trading floor I worked on. “No evidence” was HR’s response.
As for my colleagues who were racist and Islamophobic to me, HR was going to send one colleague to counseling to learn “more sensitive communication,” and as for the remaining colleagues, HR told me that my experiences were a strong indicator that the division I worked in needed a diversity training, and that they would make sure that training happened.
BlackRock addressed almost a year of harassment that I faced through one suggestion for counseling, and a promise for more diversity trainings.
That was it.
HR then offered me a transfer to another team in another office. I could hear the advice from my 3 mentors ring all too loudly in my ears. I was not playing into this sick game.
Less than a month later, I quit.
I had no other choice.Get started
Open in app
Responses (5)

To respond to this story,
get the free Medium app.
Open in app
Syeda Safura
Syeda Safura
1 day ago

Indeed it’s sad to read what you have experienced. I have stayed in nyc. And one of my many observations is the presence of invisible demarcations among communities in that city (by region/race/money).
Wish you strength to what you have unleashed. It’s an uphill cause.
3
Reply
Christine Ng
Christine Ng
about 5 hours ago

Huge admiration for the courage you had to share your story. I've shared it on my social pages and I have no doubt you will get the numbers you need for your petition.
What I am shocked at especially, is that their Global Head of HR, Manish Mehta…...
Read More
1
Reply
Asghar Bukhari
Asghar Bukhari
about 13 hours ago

Speaking Truth in the face of Injustice is the greatest Jihad (struggle against injustice). And I have nothing but respect for you.
I hope my daughters have the courage you have. Allah loves those who do good.
1
Reply
Muhammed Wisam
Muhammed Wisam
about 16 hours ago (edited)

A few thoughts
1) I'm sorry for your expereince, blatant racism and having women encourage sexual harassment
2) Finane and the govt (military etc) tought themselves are progressive, the whole diversity spiel. Don't believe it. Even Silicon Valley that…...
Read More
Reply
Ishtiaque Khan
Ishtiaque Khan
about 4 hours ago

I went through similar experience. This has to made to stop.
Reply

MeToo At BlackRock

Essma Bengabsia
Essma Bengabsia
1 day ago·11 min read

Image for post
My name is Essma Bengabsia. I am a hijab-wearing Arab-American Muslim woman of color, and I was sexually harassed and discriminated against on the grounds of my race, religion, and gender at BlackRock.
I wrote this shortly after I left BlackRock in 2019 but delayed publishing due to my own hesitation. However, in the 2 years since I left, I continue to see Black and Brown employees at BlackRock facing the same racism I faced, and they continue to leave the company in droves due to the mental anguish that BlackRock’s hostile working environment has caused them, while the perpetrators face little to no accountability.
BlackRock will not change its ways until we hold it accountable. So today, I hold BlackRock accountable.
Ilhan Omar said that “if we want to stop being the caged lion, then we must start roaring.”
This is my roar.
I joined BlackRock through a diversity cohort within the 2017 summer internship program. I then returned as a full-time analyst in 2018, starry-eyed and excited to take on the world in a company I thought was sustainability-oriented and committed to diversity and inclusion. I was a woman on a mission: I was going to work my way to be an unapologetic Muslim woman of color impact investor. Sure, Wall Street chases women and people of color out all the time (let alone hijab-wearing ones). But I was made of thicker skin, I told myself. I got this.
I was one of the first hijab-wearing women to work on any trading floor at BlackRock, and the only one on a trading floor in BlackRock’s headquarters in New York. I was thrilled to break a glass ceiling and chart into new frontiers on behalf of marginalized and underrepresented communities. I did it while working for the largest asset manager in the world, in fact on the same floor as the company’s CEO, with my desk literally steps away from his.
Image for post
Essma Bengabsia at BlackRock’s headquarters in New York City in 2019, where she stands steps away from the trading floor she worked on near the Office of the CEO.
My glee didn’t last for long. In my first month on the trading floor in August 2018, I had several strange encounters. One Managing Director mimicked and mocked how I said “Assalamu Alaikum” after he overheard a phone conversation I had with my parents. One colleague explained to other colleagues how “they stone people in the Middle East” because “there are no governments there.” An older male colleague often leered at me, making my skin crawl.
At first, I thought these encounters would stop and that I could handle them. After all, I grew up in a post-9/11 America and survived each day under the presidency of a man who demonized and dehumanized my people (Donald J. Trump). My skin is thick, and my strength is made of steel. I was not going to let bullying, though hurtful, shake me.
But the bullying did not stop. Instead, it escalated.
In September 2018, as my team discussed upcoming business travels to the Middle East, one senior investor stated that Middle Easterners are overly strict Bedouins and desert dwellers. He asked me, “what do they do for fun? Party in the deserts?” When I resisted his stereotyping, he responded, “I don’t care what you say, it’s true.”
That same week, I met a Managing Director who worked in human resources (HR) and helped lead BlackRock’s diversity efforts. After I introduced myself, she insisted that my name is not American, and I could not possibly be American. I explained that I was born in Brooklyn, raised in New Jersey, and have only ever lived in America.
Another colleague consistently came to my desk to tell me he hoped to see me fail in my tasks and role. He often greeted me with statements like “You’re such a mess,” and “I hope you fail.” I took breaks during the workday to pray in BlackRock’s prayer room because in Islam, we pray five times a day (each prayer is a few minutes long). Often after my prayer breaks, this colleague publicly rebuked me for being off my desk and insisted that I did not work hard enough, although I communicated with him my need for prayer breaks.
During a holiday party in December 2018, many of my colleagues wore Christmas holiday sweaters to celebrate the season. I never owned a holiday sweater, so I came to work that day wearing my usual work attire. A senior investor on the floor berated me in front of our colleagues for not participating, even after I explained to him my background: I am Muslim, Christmas is not a holiday celebrated in Islam, and therefore I do not even own a holiday sweater. “Why don’t you just be American for once?” he yelled. He then called me the Grinch and promised to buy me a Grinch sweater to wear at next year’s holiday party.
As for my oddly-attentive colleague, I resolved to completely ignore his creepy stares. “Perhaps he’ll get the message and leave me alone, or perhaps this is just in my head,” I thought to myself. But on October 2, 2018, as I sat at my desk working, he bumped into my chair from behind me forcefully, almost knocking me over my computer and desk. I heard his voice behind me. When I did not turn around, he said to my colleagues who sat behind me, “Damn. I keep forgetting I’m like a decade older than her.”
(For the record, he is closer to two decades older than me.)
All I could think, frozen and shocked, was “Oh. My. Goodness. This is not just in my head.”
On October 11, 2018, I stood at my desk and had just wrapped up a call. I still had my headset on my head as I focused on my computer screen. Suddenly I heard, “Should I do it? Should I touch her? Does it count as sexual harassment if I touch her?”
He stood about one foot behind me, repeating this question to my colleagues. About 10 of my colleagues stood close to him and watched, some laughing, others daring him, “he’s not gonna do it. I know him, he’s not gonna do it.” One woman responded to him, “it doesn’t count as sexual harassment if you touch her.”
I wanted to turn around, scream at him as he joked about sexually harassing me, yell at my colleagues for egging him on. I wanted to do something, anything. But I froze. I felt paralyzed, abused.
Just five days before, I stood on the steps of the Supreme Court leading thousands of women protesting the confirmation of Brett Kavanaugh. I spent hours passing the megaphone to dozens of survivors who shared their stories. As a survivor myself, my wounds were open from the countless accounts of sexual violence I heard. I could not believe what I protested just five days ago was unfolding to me in this moment.
I was shocked and utterly frozen.
After what felt like an eternity, he walked away and said “No, I’m not gonna do it,” to which my colleagues amusedly responded, “I told you.” I was turned into a piece of meat for their amusement.
Shortly after, I requested a seat change to be moved further from him on the trading floor. Yet the sexual harassment did not end, nor did the racism or Islamophobia I continued to face. The magnified pain of women of color is that we not only face harassment on the grounds of our gender, but also on the grounds of our race. And in some cases, as in mine, our religion too.
“The magnified pain of women of color is that we not only face harassment on the grounds of our gender, but also on the grounds of our race. And in some cases, as in mine, our religion too.”
I started a spreadsheet to document my experiences, not because I intended to sue, but because I needed to answer the question I kept asking myself: “Is this all in my head? Am I crazy?”
Since then, I have come to learn: I am not crazy, but as Gloria Steinem says, the system is crazy.
I set out to find a solution for myself. I asked senior leaders at the firm to help transfer me out of my team and advocate for me. I begged for the intervention of those who brought me into the firm under the celebration of “diversity and inclusion.” I spoke to my team heads, division leaders, and HR officials.
I hesitated to file a formal report with HR because three of my mentors advised me not to, each of whom were senior-ranking investors at BlackRock who have been at the firm for about 10 years respectively. Each of them, in separate conversations, gave me the same honest insight: they have seen “this kind of thing” at BlackRock before. If I filed a report with HR, they advised, I would be offered a transfer to a different team, likely in an office in a different state or country. Then HR would use vague performance-related arguments to push me out of the firm. I should only file a report with HR if I was willing to accept this, they suggested.
Strangely enough, in my two years since my departure, I have seen this process play out repeatedly with other people of color at the company. I have come to learn that this is BlackRock’s HR playbook: they receive an HR report on discrimination, try to quietly address it by moving the victim to a different team in a different office, then build up a performance-related reason to delay the victim’s pay raises or promotions and/or socially ostracize the victim until they are left with no choice but to leave the firm.
But I didn’t know better in 2018, as a 21-year-old in her first job out of college.
So based on the advice of my mentors, I bit my tongue and tried to find a quiet workaround for myself by getting transferred to a different team without filing a report of my experiences to HR.
By February 2019, I was drained. Every plea for help I made was met with empty words of sympathy and little to no action. My psychologist had diagnosed with me PTSD, anxiety disorders, and situational depression due to my experiences at BlackRock.
I was crumbling.
At this point, I had nothing to lose if I went to HR, so I did.
I filed an extensive report with HR about all of my experiences. I ran through my spreadsheet and provided dates, times, locations, and names of witnesses for each incident of sexual harassment, racism, Islamophobia, and abusive work environment.
HR informed me that they would launch an investigation into my allegations. On May 9, 2019, I had a call with the lead investigator on my case from the HR team so he could share with me the investigation results. They “could not find evidence to corroborate my claims” on sexual harassment, he said. My mouth dropped. I gave him exact dates, times, names of almost a dozen witnesses… and I saw cameras on every part of the trading floor I worked on. “No evidence” was HR’s response.
As for my colleagues who were racist and Islamophobic to me, HR was going to send one colleague to counseling to learn “more sensitive communication,” and as for the remaining colleagues, HR told me that my experiences were a strong indicator that the division I worked in needed a diversity training, and that they would make sure that training happened.
BlackRock addressed almost a year of harassment that I faced through one suggestion for counseling, and a promise for more diversity trainings.
That was it.
HR then offered me a transfer to another team in another office. I could hear the advice from my 3 mentors ring all too loudly in my ears. I was not playing into this sick game.
Less than a month later, I quit.
I had no other choice.
This is my story, and the story of many more. Until now, BlackRock has been able to pay its way out of true accountability. The company pays hefty severance packages or legal settlements with strict non-disclosure agreements to people of color who leave, exploiting our need for financial security and thereby captivating us into silence. Meanwhile, BlackRock carefully crafts a public image of diversity, equity, and inclusion, when the reality within its walls is the stark opposite.
And the discrimination continues. The perpetrators keep their jobs at BlackRock, pocket their hefty bonuses, and harass the next class of Black and Brown analysts who come in starry-eyed like I was. The analysts then face the same racism I faced, experience severe trauma, quit after only a few years of being at the company, and the cycle goes on.
I am here to break the cycle. Enough is enough.

 

I don’t know if this is a spam post or why you copy pasted it multiple times. But I read your story on a different site and already signed the petition. Not sure why these pricks are leaving nasty comments and monkey shit Ignore these assholes

 

When I first came to the US early 80s, I used to expect people to treat me the way I expected not they way they normally and traditionally treat each others. I expected America to treat me based on my culture while I was not willing to accept their culture. Finally, I realized that I neede to remove the chip off of my shoulder. There are more than 7 billions people of "color" worldwide. However, when any of us immigrate to the US, we exploit the system for perks, benefits and special class protection by invoking minority status.  

 

Unsure of the idiots commenting on this... but this is a real story (you can find the actual author on LinkedIn) and it’s ridiculous behavior. As a woman in IB I can tell you that these behaviors are quite common and frankly not surprising. Glad she’s speaking out about the bs that is “d&I”, which in reality is an HR coverup to make it look like they value diversity and women etc but in reality, they don’t.

will just say that this kind of discrimination often comes from men, have rarely seen it from women. Just another reason for why more women should be promoted and make better colleagues and leaders.... no toxic masculinity.

 

LOL you were an analyst product specialist in the credit team (i.e. a deck monkey). You didn't sit outside of Larry's door (the 6th floor is quite large). I find this incredibly hard to believe considering the amount of focus that is put on D&I at BLK (a lot of times this is more important in the promotion process than actually excelling at your role). I know this because I spoken directly with MDs would chair/ take part of the Promotion Committee. 

In my 6 years there, people were fired for harassment quite a bit. In addition, the company is almost too progressive (example: many friends and colleagues were scared to even say the didn't vote Dem, but the backlash was real). This makes it almost implausible to believe that no one could corroborate/had reported these incidents on your behalf. 

 

Here's how I know she's so full of sh*t. Her bio at Glenmede reads the following:  "Prior to joining Glenmede, Ms. Bengabsia was a Product Strategist in BlackRock's Credit Group, where she primarily focused on collateralized loan obligations and bank loans. In this role, she assisted with structuring collateralized loan obligations, providing market research to traders, and expanding BlackRock's credit platform with institutional investors."

Product strategy does no assist in structuring, nor does it inform traders and she was not a fundraiser. Embellishment much?

-Someone who actually worked with Credit PS at BLK

 

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