Associate/VP, Core Portfolio Management - Multi-Asset Strategies and Solutions
Description About this role Introduction to Multi-Asset Strategies and Solutions
BlackRock's Multi-Asset Strategies and Solutions (MASS) group includes tactical asset allocation, income, target date, target allocation, and impact investing products. 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 has over $460 billion in assets under management and has a strong presence in San Francisco, New York, London and throughout Asia Pacific.
The Solutions group within MASS is BlackRock's multi-asset investment group focused on delivering whole-portfolio asset allocation and portfolio construction solutions to meet our clients' growing demand for outcome-oriented investment solutions. Solutions provides a single point-of-contact for custom portfolio construction, with individual Client Chief Investment Officers (CCIOs) offering multi-asset expertise and owning the design, delivery and performance of custom portfolio solutions for our clients.
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. Position Overview
The Core PM team is responsible for a wide array of portfolio management responsibilities across MASS. In San Francisco, the team partners with Model Portfolio Solutions, BlackRock Sustainable Strategies and Global Tactical Asset Allocation, managing portfolios held by institutional and retail investors. The team partners in portfolio construction and design with CIOs and researchers, contributes to investment research, handles implementation, and drives improvements across the PM operating platform.
We are seeking candidates to join our team to build and manage custom multi-asset and equity portfolios. Given the focus on multi-asset approaches among our clients and within BlackRock, this role has considerable scope for the right individual to have an impact on both the success of the team as well as the broader MASS business. The successful candidate will possess outstanding attention to detail, excellent interpersonal skills, and have a passion for thinking critically about financial markets both across and within asset classes.
Manage multi-asset portfolios comprised of physical, synthetic and collective fund assets
Perform daily fund management tasks, including implementing multiple investment strategies, handling client flows, 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
Collaborate with analytics, risk, data and other platform teams to drive improvements in systems, investment and trading processes
Undergraduate degree in a quantitative field (Physics, Mathematics, Finance, Economics, Computer Science or similar) or equivalent demonstrated professional experience with proven passion for investing
Experience in portfolio management, trading, risk, analytics or related roles desired, with grasp of quantitative concepts of risk and exposure, and their application to portfolio management
Direct experience in a range of instruments and markets, such as ETFs and other fund vehicles, derivatives, FX, rates, or equities is a plus
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
Strong communication and interpersonal skills, including ability to deliver presentations internally/externally and coordinate across multiple groups around the firm
Technical skills including Python, Tableau and SQL preferred
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.
For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
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.
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 person's 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 statuses.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.