Portfolio Management Engineer, Vice President

BlackRock

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 155000 - 210000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

About this role

BlackRock is one of the worlds preeminent asset management firms and a premier provider of global investment management risk management and advisory services to institutional intermediary and individual investors around the world. BlackRock offers a range of solutions from meticulous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the worlds capital markets. Our clients can access our investment solutions through a variety of product structures including individual and institutional separate accounts mutual funds and other pooled investment vehicles and the industry-leading iShares ETFs.

Job Purpose/Background:

Global Active ETF assets are projected to triple $4.2 trillion by 2030. As investor demand accelerates BlackRock Global Markets (BGM) is investing in next-generation capabilities for our Active ETF franchise.

BlackRock Active ETF Solutions (BAES) is a technology-driven team responsible for building the firms primary market platform for Active ETFs. The team designs operating models and tools that enable seamless interaction between BlackRocks Active ETFs and the broader ETF ecosystem. This team serves as a hub to centrally manage active ETF primary markets investment processes at scale.

Our mission is to partner across BlackRock to:

  • Enhance liquidity and access for clients through scalable technology and data driven processes

  • Increase resilience and operational efficiency across primary markets

  • Improve tax efficiency and deliver better outcomes for Active ETF investors

The Role:

We are seeking an Active ETF Portfolio Management Engineer to design develop and implement technology algorithms and investment processes that power primary market trading (Creations & Redemptions) for Active ETFs.

Successful candidates will be familiar with diverse investment strategies and possess strong technical capabilities allowing them to develop robust prototypes to improve the PM create / redeem this role they will have the opportunity to partner with various PM and Technology teams to guide the integration of these prototypes into their workflows and evolve them into production components built into core BlackRock technology.

Key Responsibilities:

  • Design build and manage ETF primary platform technology and infrastructure

  • Architect scalable active ETF investment processes across a variety of investment teams

  • Design build and implement algorithms spanning research pre-trade analytics portfolio construction workflow automation and investment control

  • Develop both prototype and production tools

  • Develop reporting methods & analytics on new tools to ensure improvements can be measured

  • Collaborate with BGM Architecture teams to build common libraries and components

  • Partner with PMs to integrate primary platform capabilities into daily processes and continually refine them

  • Partner with Product Engineering to ensure primary platform supports product commercial outcomes

  • Partner with Capital Markets to ensure primary platform supports Liquidity Provider operating models and enhances fund market quality

  • Partner with Aladdin Financial Engineering to design and implement predictive analytics and optimization-based solutions

  • Partner with BlackRock Technology teams to continue to develop the core Algo Platform

Qualifications:

  • Strong quantitative background (at least BA/BS in Math/Science/Engineering/Computer Science)

  • Development expertise in Python

  • Deep understanding of Active Investment Processes (Research and Portfolio Management) across sectors or asset classes

  • Working knowledge of Fixed Income markets

  • Working knowledge of the ETF as an investment vehicle

  • Familiarity across a range of funds and investment styles (index/active fundamental/quantitative)

  • Excellent problem-solving skills and process-oriented approach

  • Excellent teamwork and communication skills

  • Experience in technical-focused project management

  • Knowledge of BlackRock Aladdin tools

  • Ability to work efficiently in a fast-paced environment and perform diverse and complex tasks with accuracy and attention to detail

For New York NY Only the salary range for this position is USD$155000.00 - USD$210000.00 . Additionally employees are eligible for an annual discretionary bonus and benefits including healthcare 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

BlackRocks 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 childrens 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. Its why were 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: 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 theEEOCs Know Your Rights poster and its supplementand thepay 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 . All requests are treated in line with our.

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.

Required Experience:

Exec

About this roleBlackRock is one of the worlds preeminent asset management firms and a premier provider of global investment management risk management and advisory services to institutional intermediary and individual investors around the world. BlackRock offers a range of solutions from meticulous...
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Key Skills

  • Change Management
  • Financial Services
  • Growing Experience
  • Managed Care
  • Management Experience
  • Analysis Skills
  • Senior Leadership
  • Performance Management
  • Process Management
  • Leadership Experience
  • negotiation
  • Analytics

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BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.

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