Global Product Group - Pricing Analyst

Hey all, I am new to this area and not sure if this is the right spot to post my questions. If not please let me know the right forum I should go. Thank you!

I came accross the below JD and I am curious about what pricing analyst does and what interview questions I will get. Please share your insights thanks!

The Pricing Strategy team is a nimble team within the Global Product Group that plays a central role in cross-functional discussions involving material pricing discussions and innovative fee structures for large clients. Given the importance of pricing in the asset management industry, the Pricing team was created in 2018 and continues to play a meaningful role in key pricing discussions and building pricing processes for BlackRock.

Your Role And Impact

Our team brings discipline to pricing across BlackRock by reviewing fees based on key considerations and building processes around sophisticated pricing arrangements. We partner closely with Product Strategy and Client teams to build pricing analyses to get to the right price for strategic client negotiations. We build and socialize pricing standard methodologies based on key pricing themes with BlackRock partners. We execute on longer-term, strategic pricing projects with teams across BlackRock, and we analyze industry and firm pricing trends across business lines and asset classes.

Our team is currently based in New York but plays a global role working with key partners across teams and regions at BlackRock, including Product Strategy, Client Business, and Corporate Functions teams.

Your Responsibilities

  • Track fee discussions across the firm. Analyze and present key themes and takeaways from these discussions to internal partners
  • Build impact analyses, write memos, and create presentations for ad hoc strategic client pricing discussions
  • Collaborate with various BlackRock teams on setting up new pricing frameworks
  • Review new pricing proposals for potential knock-on effects to other parts of BlackRock’s book
  • Review and modify contract language around pricing to minimize risk to BlackRock
 

Cum aut qui iusto rem magni beatae est. Reiciendis suscipit aliquid quibusdam ducimus sit. Assumenda sed autem id sed voluptatem. Fugiat eum vitae incidunt quam magnam.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (153) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (148) $116
  • Engineer (6) $114
  • 2nd Year Analyst (346) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1050) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”