Associate - Portfolio Manager, Multi-Asset Strategies & Solutions

Job Description

DescriptionAbout this roleJob Description About Multi-Asset Strategies and SolutionsBeing a part of BlackRock means being a part of a community of experienced, ambitious people who are taking on some of the worlds most complex financial challenges. And our founder-led culture has maintained its entrepreneurial feel - we work hard, we workfast, and we work with purpose. BlackRocks Multi-Asset Strategies & Solutions (MASS) business is the investment group at the heart of BlackRocks portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of index, factor, and alpha-seekinginvestment 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 commingledfunds, 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. 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 alignmentto 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 individualretail 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 candidatesto 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 Aladdins 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:

• Some prior 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 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 bethere for the people you care about. Our hybrid work pilot BlackRocks current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on whats important to you. In line withlocal health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place forothers. Our "One BlackRock" culture means youll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are. 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 BlackRockAt 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 childrens 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 no