Portfolio Solutions Specialist, Associate

Introduction to Multi Asset Strategies & Solutions Group

The Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRocks portfolio construction asset allocation and active management ecosystem. MASS draws on the full toolkit of the firms index factor and alpha-seeking investment capabilities to deliver investment outcomes and ground-breaking alpha insights. MASS constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds separate accounts model portfolios and outsourcing solutions in the wealth and institutional channels.

Role Description & Responsibilities

MASS is looking for a motivated individual to join our growing EMEA Solutions team based in Budapest. The Solutions team designs implements and leads on all aspects of portfolio construction and asset allocation to solve our clients investment challenges. The EMEA Solutions client base includes Private Banks for Wealth management and institutional investors such as Asset Owners and Pensions. The Solutions team is therefore responsible for covering the design of wholistic portfolio solutions for a spectrum of financial institutions underpinned by a cohesive investment process.

Responsibilities

• Perform analyses give opinions and generate new ideas to support investment decision making across all stages of the investment process. Includes strategic asset allocation tactical asset allocation management style selection/blending/sizing manager selection risk budgeting implementation performance measurement/attribution and risk management.

• Support the design implementation and ongoing management of portfolio solutions for existing and prospective clients to understand and meet their unique objectives and constraints. Keep up to date with client trends industry news events research and regulations and ensure these are reflected in solution design.

• Understand how the principles of portfolio construction can be adapted to support the varying investment requirements for each segment within EMEA Solutions.

• Investigate and adapt to most recent technology innovate on tools and analytics to drive scale and consistency across portfolio construction processes.

• Collaborate with a range of internal partner teams to deliver the best possible client investment outcomes including portfolio construction researchers implementation specialists manager researchers risk managers and asset class specialist investment teams.

• Drive the continuous evolution of the investment process by constantly seeking performance improvements challenging the status quo and proactively bringing new investment ideas.

• Actively participate in cross-team research initiatives to generate and explore new investment with multiple team members across multiple priorities to see ideas through to completion and implementation in client portfolios.

• Support our commercial growth targets by supplying investment content to RFP responses pitch materials marketing materials and other external client communications.

Skills & Qualifications

• Minimum of 3 years proven experience within financial services or asset management preferably across multiple asset classes and investment subject areas

• Solid understanding of financial markets investments (i.e. Fixed Income Equities Alternatives) and key financial concepts (such as asset allocation risk analytics performance attribution etc.)

• A genuine inclination for quantitative analysis and the ability to work through sophisticated problems and challenges to provide innovative insights. Coding skills and/or knowledge of Aladdin Morningstar Bloomberg Tableau VBA SQL and/or Python is a strong plus.

• CFA and/or CAIA encouraged but not required.

• Consistent track record of academic achievement work ethic and leadership.

• Fluent in English with excellent communication skills able to communicate effectively with a range of internal and external partners and able to explain complex topics to non-investment individuals both verbally and in writing.

• Curious self-starter passionate about execution with results-oriented work ethic and professional disposition.

• Strong teammate who takes a collaborative and cooperative approach to tasks experienced working with multiple partners to deliver on projects on time and to a high standard but can work independently.

• Organized and thorough able to prioritise and multi-task quickly efficiently adapting to new situations in a fast-paced environment.

• Being a strong fiduciary by ensuring the highest level of integrity and professionalism in every aspect of performance.