Vice President

About this role

Company: BlackRock Financial Management, Inc.

Job Title: Vice President

Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Act as a Risk Manager for BlackRock’s Separately Managed Accounts (SMA) Solutions, overseeing risk-taking and portfolio positioning. Conduct in-depth risk analysis on model portfolios and client accounts, evaluating risk decomposition, performance attribution, and market sensitivity. Apply quantitative techniques to enhance portfolio risk management and collaborate with portfolio managers to address anomalies. Assist in portfolio construction, optimizing asset allocation, conducting stress testing, and rebalancing strategies. Lead risk review meetings, offering insights on risk and performance. Develop and implement scalable risk oversight frameworks using Python, R, SQL, Excel, and MS Suite. Provide robust risk oversight for SMA client portfolios using automated risk analytics. Design and maintain dashboards to flag portfolio outliers. Deliver regular and ad-hoc risk reports, ensuring robust risk governance. Coordinate a team of junior quant risk analysts.

Qualifications: Master's Degree or Master’s Degree or foreign equivalent in Quantitative Finance, Finance, Economics, or a related field, and 48 months of experience in job offered or as Research Analyst, Business Analyst, or closely related role. Position requires four years of experience in the following: Managing risk of portfolios; Statistics and statistical techniques including regression analysis, descriptive analysis, and quantitative analysis; Leveraging market and investment risk management for various financial products and markets including credit, derivatives, equity, and fixed income investment products; Defining the methodology and implementing code in SQL, and Excel for data analysis; Writing Python Code using libraries including Pandas, Numpy, DateTime, OpenPyXL, YAML, and XLSXWriter; Implementing data science, automation, and machine learning techniques to analyze large data sets; Analyzing financial market trends and portfolio constituents to assist portfolio managers with portfolio construction; Creating risk oversight framework for separately managed accounts; Ability to analyze equity risk factor models with Barra; Ability to analyze income fixed income factor models; Ability to identify risk, return, and high return outliers; and Ability to interpret and analyze risk data, including statistical analysis, to accurately convey the significance of risks to internal and external stakeholders.

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

For New York, NY Only the salary range for this position is USD$188,210.00 - USD$210,000.00 . 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.