Vice President, Head of Performance Management and Promotions

Company: ENGINEERINGUK
Location: New York
Posted on: May 27, 2025

Job Description:

You will need to login before you can apply for a job.Vice President, Head of Performance Management and PromotionsView more categories View less categories Sector Banking and Financial Services Role C-suite Contract Type Permanent Hours Full TimeAbout this role

Job Summary:

As the Global Head of Performance Management and Promotions, you will drive the strategic direction and execution of performance management initiatives and promotional strategies across the firm. Key responsibilities include managing the performance management lifecycle, which includes People Manager Expectations, Objective Setting, Career Development Month, Mid-Year, and Year-End reviews.

Additionally, the role involves overseeing our promotions processes, with a particular focus on Managing Director promotions and collaboration with the MD Promotion Committee, as well as managing our recognition programs (BLK Awards).

Key Responsibilities:

• Performance Management Strategy: Design, implement, and manage a global performance management framework that aligns with organizational goals, incorporating objective setting, ongoing feedback, and performance evaluations to drive accountability and excellence.
  
  
  • Promotions Process Leadership: Design and oversee a transparent, equitable, and merit-based global promotions process, ensuring alignment with organizational talent needs. Lead the Managing Director promotion process, partnering with senior leaders on the Managing Director Promotion Committee (MDPC).
    
    
    • Operational Excellence: Ensure operational excellence across our talent practices while identifying opportunities for efficiency, innovation, and improvement.
      
      
      • Change Management: Oversee the design and delivery of change management efforts to embed new performance and promotion practices, ensuring buy-in from leaders and employees through thoughtful communications and upskilling.
        
        
        • Stakeholder Collaboration: Collaborate closely with key stakeholders within HR (Business Partners, Analytics & Reporting, Regional Talent Management teams, Compensation, etc.) and the business to understand commercial needs and align talent strategies to achieve business goals.
          
          
          • Technology Optimization: Partner with internal Platform and Reporting teams to build and implement tools to streamline and scale processes and enhance the user experience.
            
            Requirements:
            
            
            • Delivery Excellence: Proven track record of delivering high-quality, accurate, and timely work.
              
              
              • Strategic Mindset: Ability to think critically and creatively to solve problems and innovate to align talent practices with organizational goals.
                
                
                • Consultative: Demonstrated talent in serving as a trusted advisor through asking thought-provoking questions to diagnose issues and brainstorm solutions.
                  
                  
                  • Change Leadership: Expertise in leading change management processes to drive adoption of talent practices and key initiatives, including stakeholder management, communication planning, and upskilling.
                    
                    
                    • Collaboration and Communication Skills: Skilled at effectively collaborating with internal teams and stakeholders. Excellent written and verbal communication skills, particularly with senior audiences.
                      
                      For New York, NY Only the salary range for this position is USD$130,000.00 - USD$170,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
                      
                      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 model
                      
                      BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
                      
                      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 @blackrock - Twitter: @blackrock - LinkedIn: www.linkedin.com/company/blackrock
                      
                      BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC's Know Your Rights poster and its supplement and the pay transparency statement.
                      
                      BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
                      
                      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.CompanyAbout UsBlackRock's purpose is to help more and more people experience financial well-being. We serve pension plans providing for nurses, teachers, firefighters, law enforcement and other public and private sector workers, individual investors investing for their own retirement, and institutions such as governments, foundations and insurance companies. Clients turn to BlackRock for the innovative solutions they need when planning for their most important goals. We are passionate about helping those we serve build a strong financial future, so we seek out a diverse range of perspectives and talents to solve their most complex challenges.While our firm has offices across more than 30 countries, we operate as "One BlackRock:" our people thrive on collaboration, mutual trust and respect, and we inspire each other to collectively raise our game. BlackRock is dedicated to its principles, which include a culture of equity and inclusion, where employees can bring their full selves to every conversation, every day.Our employee networksOur global networks are dynamic communities built on shared experiences, intersectionality and allyship. They are culture carriers for the firm, offering employees and allies the opportunity to enhance and shape the inclusive culture to which we aspire. Employee networks are sponsored by senior leaders and are proudly designed by employees, for employees.The Ability & Allies Network (ABN) provides a sense of community, advocacy, resources and support for all types of disability-related issues within the firm.Awards:2022 Disability:IN Disability Equality IndexBlackRock was recognised as one of the Best Places to Work for Disability Inclusion after scoring 100% on the Disability Equality Index. The index is a joint initiative between the American Association of People with Disabilities and Disability:IN. that helps companies build a roadmap of measurable, tangible actions that they can take to achieve disability inclusion and equality.Glassdoor Best Places to Work 2022 - US & UKThis recognition is a result of the feedback provided by current and former colleagues about their experiences working at BlackRock. Ranking #72 in the US and #12 in the UK.#1 Capital Markets Industry 2023BlackRock was named one of America's Most JUST Companies for the 3rd consecutive year, according to Forbes and JUST Capital. We ranked #1 in the Capital Markets industry. The 2023 list of America's Most JUST Companies celebrates U.S. corporations that outperform their peers in the Russell 1000 on the priorities of the American people - including issues like fair pay, ethical leadership, good benefits and work-life balance, equal opportunity, customer treatment and privacy, community support, environmental impact, and delivering shareholder return. By balancing the needs of all stakeholders, JUST 100 companies demonstrate that profits and purpose can go hand in hand.Create a job alert and receive personalised job recommendations straight to your inbox.
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Keywords: ENGINEERINGUK, Hamden , Vice President, Head of Performance Management and Promotions, Executive , New York, Connecticut