About this roleCompany: BlackRock Financial Management, Inc.Job Title: Vice President, Portfolio ManagementLocation: 50 Hudson Yards, New York, NY 10001Job Duties: Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation. Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques. Research new financial products or analytics to determine their usefulness. Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope. Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets. Develop solutions to help clients hedge carbon exposure or risk. Formulate investment strategies, and monitor and review portfolio performance. Implement asset allocation strategies and ensure realization of defined performance targets. Perform financial analyses on a broad range of topics, including asset allocation, portfolio construction, risk management, and implementation best practices. Engage with Family Offices to understand their unique circumstances, investment objectives, constraints, and apply portfolio and risk analytics to support investment decisions and portfolio outcomes. Support business development efforts through RFP responses and creation of presentation material and new business pitches. Attend client meetings with lead account managers to provide portfolio advice, analysis, and reviews. Maintain an in-depth knowledge of the full suite of solutions offered by Multi-Asset team, and the products managed by other investment areas within BlackRock. Develop knowledge of the broader themes, trends, and competitive landscape within the US Family Office universe.Qualifications: Bachelor’s degree in Business Administration, Finance, Economics, or a related field and Six (6) years of experience as a Portfolio Management Associate, Consultant, Equity Research Analyst, or a related role. In the alternative, the employer will accept a Master’s degree in Business Administration, Finance, Economics, or a related field, and four (4) years of experience as a Portfolio Management Associate, Consultant, Equity Research Analyst, or a related role. Six (6) years of experience with: creating and interpreting analytics for financial data and providing context around data to internal and external stakeholders; collecting financial data using quantitative tools, including MS Excel and FactSet; interpreting financial data and coordinating research projects to help drive investment decision making; generating topics for financial and investment research and formulating results into actionable insights for client portfolios; assisting in investment decision making by participating in investment committees and decision-making forums, and contributing to the output of those forums; analyzing portfolios and securities and conducting risk and stress scenario assessments to help make buy, hold, and sell recommendations; and continuously tracking global macro events and analyzing value across asset classes to identify investment opportunities and monitoring performance. If qualifying with a Master’s degree, must have four (4) years of experience with the aforementioned skills.To apply, please click “Apply” on this webpage.For New York City only: The salary range for this position is $187,700 - $209,500. 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 benefitsTo 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 modelBlackRock’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 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 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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrockBlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.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.
