Portfolio Manager, Multi-Asset Strategies - Associate/Vice President
About this role Introduction to Multi-Asset Strategies and Solutions
BlackRock's Multi-Asset Strategies & Solutions (MASS) group provides investment strategies and solutions that employ sophisticated asset allocation, rigorous risk management, and extensive research to deliver specific outcomes tailored to client needs. Through our comprehensive portfolio approach, diversified return drivers, end-to end partnership and technology, our multi-asset platform is crafted to deliver outcomes with more precision. MASS includes specialized capabilities in areas of tactical asset allocation, income funds, target date and target risk strategies, as well as customized solutions through state-of-the-art portfolio construction and asset allocation methodologies. Our team of over 300 multi-asset investment professionals manages a range of pooled vehicles, model portfolios, and customized mandates for a diversified client base. Currently, MASS manages over $840 billion in assets and has a strong presence in San Francisco, New York, London and throughout Asia Pacific.
BlackRock is committed to attracting, developing and retaining a diverse and inclusive workforce regardless of race, national origin, gender identity/expression, sexual orientation, age, disability, marriage or civil partnership, or religion or belief. We are passionate about creating and promoting a diverse and inclusive environment where all employees are valued and respected. Consistent with our diverse client base, we recognize the benefit that diverse teams bring to the success of our business. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
The Core Portfolio Management team in MASS is responsible for a wide array of portfolio management activities across both multi-asset and sustainable equity mandates. The team is made up of 42 portfolio managers organized globally with strong regional alignment to reflect different investing centres of expertise. In London, the team partners with the Solutions, Models, Diversified Strategies and Sustainable Investing teams in managing global, multi-asset and equity portfolios held by institutional and individual retail investors. The Core PM team works with client CIOs, model managers and researchers on portfolio construction and new business design, contributes to investment research, handles implementation, and drives improvements across the PM operating platform.
We are seeking multiple candidates to join our team to build and manage custom multi-asset and physical equity portfolios. Our team sits at the centre of a rapidly evolving asset management industry that is seeing growing demand for whole portfolio solutions able to combine public and private investments managed by both BlackRock and 3rd party managers. There is considerable scope for the right individual to have an impact on both the success of the team as well as the broader MASS business. We are looking for candidates who are intellectually curious, possess outstanding attention to detail, excellent interpersonal skills, and who will thrive in a dynamic and collaborative working environment.
Designing, constructing and managing multi-asset and/or custom equity portfolios comprised of physical, synthetic and collective fund assets
Leading daily portfolio management tasks including implementing multiple investment strategies, handling client flows, FX hedging, rebalancing, and monitoring positioning, performance and risk
Ensuring all mandates conform to performance expectations, investment guidelines, risk parameters, and regulatory requirements
Innovating in the way we use data and technology to improve and scale our investment and portfolio management decision-making processes
Collaborating with researchers, strategists and investors across MASS and BlackRock to source and develop investment capabilities and processes capable of delivering consistent alpha
Contributing to research and establishing good governance and common methodologies in portfolio construction & implementation across multiple investment processes and products throughout MASS
Experience / Qualifications
2 to 7 years of proven experience in portfolio management, pensions, risk, analytics or equivalent roles with demonstrated passion for investing
Understanding of quantitative investment and/or portfolio construction research and portfolio management
Direct experience in a variety of instruments and markets such as ETFs and other fund vehicles, derivatives, FX, rates, equities and credit markets (options, IRS, CDS, etc. is a plus)
Meticulous attention to detail with an ability to remain focused across a wide range of portfolio types and activities.
Excellent problem-solving and analytical skills. Technical skills including Python, Tableau and SQL preferred.
Strong communication and interpersonal skills.
Works independently and/or as part of a team in a highly collaborative, global environment. Actively seeks additional responsibilities.
This is role is within the scope of the Senior Manager and Certification Regime(SMCR).
Key Regulatory Obligations
The successful candidate will be subject to both the Individual Conduct Rules and the Fitness and Propriety Rules of the FCA. As long as they remain a Certified Person it is their responsibility to continue to meet the required standards of fitness and propriety for their role. 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. 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.
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BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law. 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.