Fixed Income Structured Credit, Investments, Associate

About this role

About BlackRock

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions — from meticulous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Elevate your career by joining the world's largest asset manager! Thrive in an environment that cultivates positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and actively engage your involvement in our success.

About BlackRock Financial Institutions Group within Fixed Income

BlackRock’s Fixed Income team manages more than $1 trillion in global fixed income assets across index, active long-only, alternative, and liability driven strategies. The platform offers fixed income investors one of the industry's broadest array of investment choices across model-based and fundamental investment styles. BlackRock is seeking an Associate to join our Financial Institutions Group within BlackRock’s fixed income platform, as a Securitized Investment Team member.  FIG manages over $400 billion in fixed income assets and is consistently one of the fastest growing businesses within Fixed Income. 

Position Overview

Responsibilities will include ownership of a wide array of Private Structured Credit focused product strategy and portfolio management assignments. Responsibilities will also include internal and external client service deliverables while supporting lead portfolio managers in onboarding, compliance, and operational processes.  This role has considerable scope for the right individual to further develop their investment and portfolio management skills in a highly collaborative environment and become integral to the investment team as an investor.

Job Responsibilities

The successful candidate will be part of FIG’s India Investment Team and will have strong analytical and quantitative skills and an ability to work collaboratively with a wide range of teams and stakeholders.

• Work within the FIG India Team and contribute to the client service process to ensure a superior level of service and quality for both internal and external stakeholders
• Work alongside the asset-backed securities (ABS), collateralized loan obligation (CLO), commercial mortgage-backed securities (CMBS), and agency and non-agency residential mortgage-backed securities (RMBS) sectors to learn about the different aspects of each market, and contribute to internal and external client deliverables and sector updates
• Provide qualitative and analytical support to PMs, analyzing macroeconomic and industry trends and their impact on the market and client holdings
• Organize and prepare materials related to new investments and existing holdings, including investment committee presentations and ongoing surveillance documentation
• Publish periodic sector updates and daily market information, as well as ad hoc client and internal presentations
• Collaborate with Global FIG PM Teams to develop, implement and maintain best practices for market and portfolio-based commentary requests from clients
• Apply technology and analytical tools to improve investment and client service processes and create scale
• Actively participate in investment training to be a student of the markets and become an integral part of the investment team

Qualifications:

The ideal candidate will possess the below experience and skills.

• Fixed income background required, 3-5 years of fixed income and knowledge of Securitized Assets / Structured Credit experience
• Bachelor’s Degree or equivalent with strong quantitative skills. MBA/MS and/or CFA preferred
• Rating agency experience or Insurance industry specific knowledge a plus

Skills and Experience

• Excellent communication and interpersonal skills
• Proven experience working both independently and as part of a team in a highly collaborative, global environment
• Demonstrate outstanding attention to detail and have a passion for thinking critically about financial markets and a desire to further investment knowledge
• Understanding of and dedication to encouraging an inclusive, diverse, and equitable culture
• Flexible, responsive, and self-starting personality
• Strong knowledge of Microsoft Office suite (Excel, PowerPoint, Word), Bloomberg
• Technical skills such as Python, Matlab, Tableau and SQL a plus

We are looking for people who are:

• Curious: You like to learn new things and have a balanced disrespect for status quo
• Brave: You are happiest outside your comfort zone
• Passionate: You feel personal ownership for the work you do and an aspiration to be better
• Open: You value and respect input from others
• Experimental: You make mistakes, but learn from them
• Savvy: You want to outsmart the problem

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 model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

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 @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, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.