Managing Director, Aperio Director of Quantitative Strategies

Job Description

Description

About this role

About Aperio

At Aperio (part of BlackRock), our strategies are designed to put our clients’ and their clients’ interests at the center of our investment advice; to minimize costs and taxes; and to incorporate each client’s unique environmental, social, and governance (ESG) preferences. We are a purposefully growing quantitative/index-tracking investment management business specializing in managing customized equity portfolios tax efficiently.

At Aperio, we work hard and move quickly as a well-coordinated, collaborative team whose exceptional people are focused on providing extraordinary client service. If you are looking for an opportunity to grow and contribute in a fun, industry-disruptive, fast-paced environment, Aperio is the place for you.

About Aperio Research

The Aperio research team applies quantitative techniques and cutting edge tools to solve complex after tax investment problems in the tax, factors, and ESG space.

The team’s mission is to:

• Establish Aperio as a leading client partner in the after-tax investment space.
• Improve the quantitative portfolio construction processes and enhance existing strategies.
• Research and develop new products and solutions in partnership with Aperio colleagues that solve client problems.
• Author articles, presentations, and other collateral to provide advisors with insights on incorporating tax, factor, and ESG into their practice.
• Serve after taxable clients to solve complex investment problems by employing cutting edge quantitative tools and frameworks

Position Description

Aperio seeks a Director of Research to manage a high performing team of researchers. The successful candidate will collaborate with internal stakeholders and clients to set the research agenda and manage research projects in the direct indexing space. The candidate will have a passion for applying quantitative techniques to solving investment problems as they apply to taxable investors. They will possess strong people management skills and an ability to work closely with team members through complex modelling issues. The role requires the ability to lead and evaluate work on the development and assessment of strategies for taxable and tax-exempt investors. We are looking for a creative, detail-oriented problem-solver, with demonstrated management, prioritization and leadership skills.

Duties and Responsibilities

• Set the research agenda to support product development, strategy enhancements, and pieces that share our insights to drive further client conversations.
• Manage the prioritization of research projects across our Tax, ESG, and factor pillars.
• Create new solutions to complex client/investor problems in quantitative portfolio management, risk, attribution, and optimization.
• Work closely with the portfolio management and ESG teams to improve strategies, portfolio construction, and implementation.
• Continue to evolve our after-tax research infrastructure.
• Communicate research insights to clients and prospects.

Required Skills/Experience

• Demonstrated ability to lead and manage a quantitative research team.
• Extensive experience with factor risk models and optimizers.
• Excellent mathematical, finance, and statistics skills
• Outstanding verbal and written communication skills with demonstrated ability to translate research insights into articles and presentations.
• Experience in tax-managed equity strategies or after-tax research is highly desired.
• Experience with ESG data and focus on client driven values and mission alignment.
• Ability to evaluate construction and analysis of large, complex data sets to provide answers to research questions.
• Track record of delivering answers to complex research questions.
• Experience in quantitative portfolio management.
• Acute attention to detail
• Demonstrated initiative, broad perspective, and creativity.
• Demonstrated ability to collaborate with clients
• Ten-plus years of relevant finance work experience.

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 pilot

BlackRock’s current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what’s important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our “One BlackRock” culture means you’ll be supported to collaborate with your new colleagues while bringing your full self to work – wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.