Portfolio Manager Index Asset Allocation - Associate
- San Francisco, CA, USA
- Permanent, Full time
- 17 Oct 17 2017-10-17
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At December 31, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At December 31, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of December 31, 2016, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com | Twitter: @blackrock_news | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock
BlackRock’s ETF Index Investment team develops and manages investment solutions involving multiple strategies and asset classes. The global team includes more than 145 portfolio managers, quantitative analysts, investment strategists, research analysts. We partner with clients to solve their investment and liability challenges by understanding their objectives, advising on solutions, and designing and implementing strategies that meet or exceed goals.
The team’s guiding principles are to:
- Serve as a trusted advisor by providing unbiased advice on portfolio issues and multi-asset solutions
- Deliver BlackRock’s global capabilities by leveraging the firm’s insights in a holistic and consistent manner.
- Employ a flexible framework using a dynamic approach to investment solutions that adapts to client needs.
- Take ownership of implementation and performance, by focusing on high-quality execution and delivering investment results.
BlackRock is seeking a Portfolio Manager who will contribute to the management of BlackRock’s US Index Asset Allocation strategies across multiple markets, countries and/or asset classes. The US Index Asset Allocation Portfolio Manager will handle all aspects of asset allocation portfolios including: model changes, rebalancing, client activity, and performance management. In addition to day-to-day portfolio management responsibilities for the Defined Benefit and Defined Contribution business, they will be expected to acquire new skills and apply them in order to improve fund performance, internal processes, product offerings, client relations, attribution, investment instruments and computing systems.
- Perform daily fund management tasks, including handling client contributions and redemptions, portfolio re-balancing, reviewing, approving and submitting trade lists, ensuring that portfolios track within performance expectations, and performance attribution.
- Apply market experience and knowledge of index construction to portfolio management and product development.
- Proactively contribute to overall systems/investment process enhancements.
- Support management and client-facing groups in ad-hoc requests.
- BA/BSc. Progress towards CFA desirable.
- 3+ years of asset management experience required.
- Working knowledge of quantitative methods, portfolio construction, and asset allocation theory.
- Ability to multi-task and prioritize assignments while producing a high quality work in a demanding, fast-paced environment.
- Excellent verbal and written communication, teamwork, and relationship-building skills.
- Curious and self-motivated.
BlackRock will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of Article 49 of the San Francisco Police Code.