Vice President, Real Asset Investment Risk

About this role

Business Overview

BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.

RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.

What The RQA Group At BlackRock Has

• A team of outstanding risk managers who partner with portfolio management teams to oversee our clients’ portfolios.
• Global colleagues with subject matter expertise across investing, macroeconomics, financial modeling, and quantitative finance.

Real Asset Risk Management Team

You will partner with the Real Asset businesses to deliver independent risk oversight, risk advice, and provide quantitative analysis to assist with portfolio construction, performance measurement, product design and investor engagement.

Key Responsibilities

• Collaborate with portfolio managers to assess and challenge risk exposures across infrastructure assets, ensuring alignment with client mandates and regulatory expectations.
• Provide independent oversight by monitoring risk concentrations, stress scenarios, and liquidity profiles specific to infrastructure investments.
• Support senior risk managers in evaluating the consistency of infrastructure portfolio risks with stated investment objectives and risk tolerances.
• Conduct regular reviews of portfolio risk metrics, including sensitivity to macroeconomic variables such as interest rates, inflation, and regulatory changes that impact infrastructure sectors.
• Deliver insights on how market dynamics, geopolitical developments, and policy shifts influence infrastructure asset valuations and risk-return profiles.
• Assist in the development and enhancement of infrastructure-specific risk models and scenario frameworks to support investment decision-making and risk mitigation strategies.

Qualifications

• Bachelor’s degree in a related field such as finance, economics, business, or real estate; Master’s degree preferred.
• 5+ years of experience in a risk or investment role focused on real assets, particularly infrastructure and/or real estate.
• Strong understanding of real asset investment processes, including asset-level underwriting, portfolio construction, capital structure analysis, and risk-return trade-offs across core, core-plus, value-add, and opportunistic strategies.
• Demonstrated experience with scenario analysis, stress testing, and performance attribution in the context of illiquid assets, including sensitivity to macroeconomic drivers such as interest rates, inflation, and regulatory shifts.
• A passion for applying quantitative techniques to real-world investment challenges, with a deep understanding of risk factor models relevant to infrastructure and real estate, including their limitations and applications in benchmarking and allocation analysis.
• Proven ability to engage with portfolio managers and deal teams, offering credible risk insights and influencing investment decisions through clear, data-driven communication.
• Familiarity with risk systems and tools used in real asset investing; experience with BlackRock’s Aladdin or similar platforms is a strong plus.
• Excellent collaboration, leadership, and communication skills, with the ability to operate effectively in a fast-paced, cross-functional environment.

For New York, NY Only the salary range for this position is USD$155,000.00 - USD$210,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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.