Associate, Portfolio Management

About this role

Company: BlackRock Financial Management, Inc.

Job Title: Associate, Portfolio Management

Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Provide centralized investment support functions to portfolio management teams, including Trade Implementation, Cash Management, Compliance Monitoring, and other similar functions. Oversee portfolio construction, risk budgeting and consistency across BlackRock’s Emerging Markets Alpha Strategy. Responsible for modeling and analyzing economic variables, including interest rates, growth rates, and inflation to determine the relationship to asset prices across Fixed Income, Derivatives and FX. Utilize statistical concepts and programming to create algorithmic solutions to portfolio construction while maximizing portfolio guidelines. Contribute to full life cycle of the investment process including idea generation, trade implementation, risk management and attribution. Study economic and statistical data with a focus on emerging markets fixed income, which will help to inform portfolio managers. Conduct research on economic issues and compile findings through technical reports and financial analysis for weekly meetings with lead Portfolio Managers on emerging Markets team. Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques to study economies in emerging market countries. Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations as they may affect specific emerging market countries. Formulate recommendations, policies, or plans to interpret markets working to build models or better ways of understanding markets, aiding Project Managers. Develop economic guidelines and perspectives to prepare points of view used in forecasting trends to help portfolio managers understand what markets and economic policies.

Qualifications: Bachelor’s degree in Financial Economics, Economics, Statistics, Finance, or a related field or two (2) years of experience in the job offered or in a related occupation. Requires two (2) years of experience involving the following: Utilizing Excel and Bloomberg to gather, analyze and construct financial models; Coding using programming languages, including VBA, R, and Python, and handling large datasets to create automated and algorithmic portfolio construction solutions; Utilizing centralized investment support functions to assist Portfolio Management Teams; Contributing to full lifecycle of the investment process, including idea generation, trade implementation, risk management and attribution; Performing financial modeling and evaluation utilizing quantitative analysis; and Assessing drivers of the market and relationship between different asset classes.

To apply, please click “Apply” on this webpage.

For New York, NY Only the salary range for this position is USD$160,000.00 - USD$170,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

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.