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. BlackRocks mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions from rigorous 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.
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 BlackRocks index factor and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative 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. Currently MASS handles over $1 trillion in assets and has a strong presence in the United States Europe and Asia Pacific.
MASS is committed to attracting developing and retaining a diverse and inclusive workforce. We are passionate about creating and promoting an environment where all employees are valued and respected. Consistent with our diverse client base we recognize the benefit that diversity brings to the success of our business.
Role Overview
The MASS portfolio management team is seeking a highly motivated individual with a strong financial and technical background to further enhance our investment process and investment platform for Model Portfolios.
With the rapid expansion of the business this role offers significant opportunities for the right candidate to make an impact on the success of both the team and the broader MASS business. The ideal candidate will possess outstanding attention to detail excellent interpersonal skills and have a passion for thinking critically about financial markets across and within asset classes.
Responsibilities:
Manage multi-asset model portfolios comprised of ETFs and mutual funds and/or global single name physical equity portfolios.
Perform daily fund management tasks including implementing multiple investment strategies rebalancing and attribution.
Ensure all mandates conform to performance expectations investment guidelines risk parameters and regulatory requirements.
Utilize technology and analytical tools to improve processes and drive scale.
Build processes to solve investment challenges and integrate them with existing BlackRock infrastructure (i.e. Aladdin).
Coordinate with analytics risk data and other platform teams to drive improvements in systems investment and trading processes.
Explore and apply AI and machine learning techniques including prompt engineering to advance scalable analytics and streamline processes.
Collaborate with other portfolio managers to translate investment workflows into scalable technology solutions to mitigate risk and improve efficiency.
Experience/Qualifications:
Undergraduate degree in a quantitative field (Physics Mathematics Finance Economics Computer Science or similar) or equivalent demonstrated professional experience with proven passion for investing.
3-5 years of relevant work experience with exposure to portfolio management and has a solid understanding of asset allocation global markets and use of associated instruments: equities fixed income and foreign exchange.
Demonstrated understanding of portfolio construction and the quantitative concepts of risk and exposure and their application to portfolio management through optimization beta and FX hedging and risk and performance attribution.
Meticulous attention to detail with an ability to remain focused across a wide range of portfolio types and activities. Strong process awareness and ability to address operational risk issues.
Ability to problem solve: identifying potential issues seeking help or input from others working quickly towards a resolution and proposing and implementing changes to mitigate future issues.
Strong communication and interpersonal skills including ability to deliver presentations internally/externally and coordinate across multiple groups around the firm.
Coding experience with Python and SQL required. Experience with other programming languages is a plus.
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.
We recruit hire train promote pay and administer all personnel actions without regard to race color religion sex (including pregnancy childbirth and medical conditions related to pregnancy childbirth or breastfeeding) sex stereotyping (including assumptions about a persons appearance or behavior gender roles gender expression or gender identity) gender gender identity gender expression national origin age mental or physical disability ancestry medical condition marital status military or veteran status citizenship status sexual orientation genetic information or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these 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:
Manager
BlackRock is one of the world’s preeminent asset management firms and a premier provider of investment management. Find out more information here.