What is the hiring process like at BlackRock?

The hiring process was a little bit casual

when hiring is casual just understand what will be the job security

Good hiring process Lots of interesting colleagues

Incredibly competitive and hard to get in

Multinational team, collaborating cross functionally

Very bad experience during hiring process of the new colleagues. Management of the company does not recognize and support team leads’ opinion.

A great place to work overall, for interns, you are most likely to get a job offer after the internship.

Diversity and inclusion could be improved in the recruitment process.

Excellent benefits, decent pay and bonuses, working with smart people who are mostly always open to help and share their knowledge.

Virtually no room for advancement and no attempts at employee retention, they know they can hire experienced people externally looking for work/making lateral moves in this job market the last few years. You won't be promoted but you'll have to train your new manager + many other people, since managers that only care about their career want to pad the number of direct reports they have so they can advance. - Yearly layoffs of 3-5% of their entire workforce including people there for 30 years, while hiring analyst classes of 1k people each year, diluting the culture and knowledge-base and making it difficult to find mentors. - No clear line between promotion tracks for people managers vs strong individual contributors. This means individual contributors are frequently given manager reports/responsibility despite being horrible at it, in order to get them promoted. This is only if your manager cares to align with your career goals, but they could be just a strong individual contributor themselves/only concerned with their own advancement, and view you as competition. No accountability for these types of managers - as long as you perform your job, it reflects well on them, while they reward their favorites with more visible projects and opportunities - If you are nominated for a promotion, the process itself takes almost a year. They want you already performing at that level prior to that, so you are doing the work of the next level for 1-2 years, then nominated in the Spring, and find out if you are promoted in November/December, with the new title kicking in at the new year. So promotions are a 2 year process at best. - Worst of all, employees are not able to interview for a higher level role on another team to seek a promotion internally. It is a lateral move and then the same 18-24+ month process since your new manager must nominate you. - Extremely poor HR staff - expect to get delayed responses to questions, requests for availability for interviews and then nothing scheduled until an auto-rejection email is sent, etc. - All of these things causing an overall firm-wide breakdown of processes the last few years and resulting mass-exodus of talent of people who used to enjoy working here and carry the culture, replaced with people looking to get the name on the resume - Has become no longer process-driven, phone call driven instead - as in if you are trying to document everything for audit trails, nothing will get done - people do not check their emails and managers don't escalate for responses, you need to call people and ask them nicely to get them to do their team's basic job function.

You get to tell people you work at BlackRock, but that doesn’t actually mean much.

Very political environment - those who focus on appearances tend to advance faster than those who focus on genuine collaboration or technical skill. If you value teamwork and learning, you may find it frustrating. Most of the work revolves around administrative tasks and process management, with limited opportunities for real growth or innovation. Client dissatisfaction is common due to inefficient systems and unclear leadership. Management structure is overly layered, leading to endless meetings and unclear accountability. Decisions are often pushed down to junior staff, who end up carrying much of the workload while senior levels focus on presentation over progress. Compensation and benefits are below market, and small perks are monetized. Your low grade issued laptop won’t be able to perform the work. Comparable firms offer better pay, culture, and learning opportunities with less stress. This workplace might serve as a short-term stop for early career professionals seeking entry level experience, but long term prospects are limited.

Big name, status, cool to say

Hiring process is terrible Work life balance is poor

good work life balance for Finance industry The mentorship program is beneficiary to employees

pay less than investment banks the duties are limited for non-core members It is hard to pass the recruitment process

Nice work culture and mentors

Not so nice hiring process

Quick interview process and onboarding

No opportunities to grow, improve qualifications