Multi-Asset Portfolio Manager, Associate

About BlackRock

BlackRock stands as a preeminent asset management firm globally, offering extensive investment management, risk management, and advisory services to institutional, intermediary, and individual investors. Our mission is to foster a superior financial future for our clients, acting as the investor's voice and upholding fairness and equality for every client. We thrive on constant communication within our diverse team, driving enhanced results. Our commitment to continuous innovation ensures we deliver the best of BlackRock to our clientele. We provide a spectrum of solutions, encompassing rigorous fundamental and quantitative active management strategies for outperformance, alongside highly efficient indexing strategies for broad capital market exposure. Clients access these solutions via various structures including separate accounts, mutual funds, pooled investment vehicles, and industry-leading iShares® ETFs.

About Multi-Asset Strategies & Solutions (MASS)

The Multi-Asset Strategies & Solutions (MASS) team forms the core of BlackRock's approach to portfolio construction, asset allocation, and active management. MASS leverages BlackRock’s comprehensive toolkit of index, factor, and alpha-seeking investment capabilities to achieve precise investment outcomes and innovative alpha insights. We construct active asset allocation strategies and holistic portfolio solutions across a broad range of commingled funds, separate accounts, model portfolios, and outsourcing solutions for wealth and institutional clients. Currently, MASS oversees over $1 trillion in assets and maintains a strong global presence across the United States, Europe, and Asia Pacific.

MASS is dedicated to attracting, developing, and retaining a diverse and inclusive workforce. We champion an environment where all employees are valued and respected, recognizing that diversity significantly contributes to our business success, mirroring our diverse client base.

Role Overview: Multi-Asset Portfolio Manager, Associate

The MASS portfolio management team is actively seeking a highly motivated individual with a robust financial and technical background to further advance our investment process and platform, specifically for Model Portfolios. The rapid growth of the business presents significant opportunities for the ideal candidate to profoundly impact the team and the broader MASS business. This role demands exceptional attention to detail, strong interpersonal skills, and a fervent passion for critical thinking about financial markets across and within various asset classes.

Responsibilities

• Manage multi-asset model portfolios, encompassing ETFs, mutual funds, and/or global single name physical equity portfolios.
• Execute daily fund management tasks, including the implementation of diverse investment strategies, rebalancing, and performance attribution.
• Ensure strict adherence of all mandates to performance expectations, investment guidelines, risk parameters, and regulatory requirements.
• Leverage technology and analytical tools to streamline processes and enhance scalability.
• Develop processes to resolve complex investment challenges and seamlessly integrate them with BlackRock's existing infrastructure, such as Aladdin.
• Coordinate closely with analytics, risk, data, and other platform teams to drive system improvements and enhance investment and trading processes.
• Investigate and apply advanced AI and machine learning techniques, including prompt engineering, to develop scalable analytics and optimize workflows.
• Collaborate with fellow portfolio managers to transform investment workflows into scalable technology solutions, thereby mitigating risk and improving efficiency.

Experience & Qualifications

• Undergraduate degree in a quantitative field (e.g., Physics, Mathematics, Finance, Economics, Computer Science) or demonstrable professional experience with a proven passion for investing.
• 3-5 years of relevant work experience with exposure to portfolio management, possessing a solid understanding of asset allocation, global markets, and the use of associated instruments (equities, fixed income, foreign exchange).
• Demonstrated understanding of portfolio construction and quantitative concepts such as risk, exposure, optimization, beta hedging, FX hedging, and risk/performance attribution.
• Meticulous attention to detail and the ability to maintain focus across a wide array of portfolio types and activities.
• Strong awareness of operational processes and the capability to effectively address operational risk issues.
• Proven problem-solving abilities: identifying potential issues, proactively seeking input, swiftly working towards resolutions, and proposing and implementing changes to prevent future occurrences.
• Excellent communication and interpersonal skills, including the aptitude to deliver presentations both internally and externally, and to coordinate effectively across various internal groups.
• Required coding experience with Python and SQL; experience with other programming languages is a distinct advantage.

Our Benefits & Work Model

To ensure our employees remain energized, engaged, and inspired, BlackRock provides a comprehensive benefits package. This includes a robust retirement plan, tuition reimbursement, extensive healthcare coverage, support for working parents, and Flexible Time Off (FTO) to facilitate relaxation, recharging, and personal commitments. BlackRock's hybrid work model promotes a culture of collaboration and apprenticeship, enriching employee experience while offering flexibility. Employees are generally required to work at least four days in the office per week, with one day of remote work flexibility. Some business groups may necessitate increased in-office presence based on their specific roles and responsibilities. This model is designed to maximize impactful in-person interactions, aligning with our commitment to performance and innovation, and is particularly beneficial for accelerating learning and onboarding for new joiners.

Key skills/competency

• Multi-Asset Portfolio Management
• Asset Allocation Strategy
• Risk Management
• Quantitative Analysis
• Financial Markets Acumen
• Python Programming
• SQL Database Management
• Aladdin Platform
• Investment Operations
• AI/Machine Learning