Analyst/Associate, Core Portfolio Manager - Multi-Asset Strategies & Solutions

Job Description

About this role

About Multi-Asset Strategies and Solutions

Being a part of BlackRock means being a part of a community of experienced, ambitious people who are taking on some of the world’s most complex financial challenges. And our founder-led culture has maintained its entrepreneurial feel — we work hard, we work fast, and we work with purpose.

BlackRock’s Multi-Asset Strategies & Solutions (MASS) business is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative alpha insights. Our team of 300+ multi-asset investment professionals constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels. Currently, MASS manages over $1 trillion 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 establishing and promoting an 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 key job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

About this role

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 51 portfolio managers organised 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.

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. We are seeking two candidates to join our team. 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.

Key responsibilities

Working as a member of the London based Core PM team you will be responsible for building and managing custom multi-asset portfolios in close partnership with client CIOs, researchers and model managers. You will have a particular focus on:

• Designing, constructing and managing institutional client portfolios
• 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 including de-risking frameworks, risk parameters, and regulatory requirements
• Innovating in the way we use data and technology in our portfolio management and investment decision-making processes
• Building scale & automation across the team through the development of automated portfolio management workflows & analytics that use Aladdin’s core data and analytics engines
• Contributing to research and establishing good governance and common methodologies in portfolio construction & implementation across multiple investment processes and products
• Partnering with the Global TAA research team to source tactical trade ideas within scope of the investment guidelines, sizing based on the risk budget as agreed with CIO and implementing with Global Trading.

Experience / Qualifications

• 2 to 5 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.
• Technical skills including Python, Tableau and SQL preferred.
• Strong verbal and written communication and interpersonal skills.
• Excellent problem-solving and analytical skills, with evidence of ability to work both independently and as part of a team in a highly collaborative, global environment

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. 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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.