BlackRock BlackRock Investment Stewardship, Associate in Tokyo, Japan

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their most important goals. As of December 31, 2017, the firm managed approximately $6.288 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com | Twitter: @blackrock at https://twitter.com/blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock .

Job Description:

As an independent, fiduciary asset manager, BlackRock is committed to acting at all times in the best long-term interests of our clients. We undertake our BIS activities to protect and enhance the economic value of the companies in which we invest on their behalf.

The work of BlackRock’s BIS team is an investment function. The team operates in six offices across three regions – the Americas (New York and San Francisco); Europe, Middle East and Africa (London); and Asia-Pacific (Tokyo, Hong Kong and Sydney) – and undertakes engagement with and proxy voting at portfolio companies on behalf of clients globally.

BlackRock aims to take a common view in-house regarding our engagement and voting policies and uses the BIS group to coordinate, communicate and carry out these policies at approximately 17,000 shareholder meetings at which the firm votes each year.

Role description:

The Associate – BIS will work for the BIS APAC-Japan team based in Tokyo. The role reports to the Head of BIS Japan. The intention is for the person in this role to specialise in a number of industry sectors in Japan, as well as in a subset of the policy issues covered by the team; support head of BIS to represent the work of BIS to clients and other key stakeholders; and facilitate the overall development of team capabilities.

Responsibilities:

  • Contribute to the team’s core duty of proxy voting and company engagement

  • Monitor the various corporate governance standards and best practices in the region and contribute to internal guidelines refreshment

  • Support Institutional Client Business to ensure BIS reports, commentaries and RFPs are submitted on time and to an appropriate standard Support operational day to day needs and longer term projects as part of the broader Global BIS team

  • Support representation to key stakeholders including clients, policy makers and wider constituencies.

  • Contribute to ESG integration and research for other investment teams

The tasks involved in fulfilling these responsibilities include:

  • Analysing meeting agendas and related materials in order to vote in the manner most consistent with BlackRock’s corporate governance and stewardship policies

  • Engaging with fundamental portfolio managers to get their input into our engagements, including proxy voting, and risk analysis

  • Supporting the integration of ESG considerations into the investment process, as applicable

  • Engaging with members of the APAC/Japan BIS advisory committee to contribute to their understanding of and support for the work of the BIS team

  • Keeping up to date on policy developments in specific sectors and markets to ensure BlackRock’s principles and guidelines remain relevant

  • Contributing to reports for and/or engaging with internal and external parties on BlackRock’s corporate governance and stewardship policies and activities

  • Working with BlackRock’s client-facing group and with clients directly to ensure client reporting and client presentations meet expectations, and that client queries on stewardship are responded to promptly and to the satisfaction of the client

  • Contributing to engagement with policymakers on corporate governance, stewardship policy and ESG matters, including through dialogue and/or public comment letters

  • Conducting research on ESG topics and related matters

  • Engaging with research providers and other external contributors to the BIS team’s activities to ensure they meet our needs, particularly as our needs evolve

  • Contributing to the continual review of the BIS team’s output and working practices to ensure risks are minimised and performance optimised

  • Participating in the monitoring of proxy voting workflow, to ensure all accounts are voted as intended and in line with the appropriate guidelines

  • Ensuring client accounts are set up appropriately

  • Participate in client on-board process where necessary

The person in this role will be/will have:

  • An undergraduate with a degree in finance, economics, accounting, business or related discipline

  • Corporate governance, investment, consulting experience an advantage, but not a must.

  • An understanding of and interest in business strategy, corporate governance, stewardship, environmental and social issues as long-term investment considerations

  • The ability to build and maintain successful relationships with colleagues across the firm and with external parties

  • The ability to analyse and resolve complex problems under time pressure

  • Details focused and persistent to see things through to completion whilst managing multiple tasks and changing priorities

  • Organized, self-reliant and self-motivated

  • The ability to communicate clearly and persuasively in writing and orally, including with senior colleagues and investee company representatives

  • Fluency in Japanese and English

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, disability, veteran status, and other statuses protected by law.