Analyst/Associate, Portfolio Specialist

BlackRock • Princeton, NJ

7d • Hybrid

About The Position

About this role Team Overview BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations. About this role BlackRock’s Separately Managed Account Solutions (SMA Solutions) is seeking a Portfolio Specialist to work within the dynamic and fast-paced environment of our Fixed Income SMA Team in the Princeton office. As a Portfolio Specialist, you will build relationships internally with Portfolio Managers, Trading Desks, Operations, and the Sales organization as well as externally with clients and Financial Advisors. On a day-to-day basis, you will actively deliver a broad set of separately managed account investment solutions across various platforms and sponsors, ensure accurate model implementation, and minimize performance dispersion for a rapidly growing client population! In addition to having a passion for markets and investing, a successful candidate we are seeking will bring robust technology skills to help develop and drive process efficiencies and automation of manual tasks, while providing new perspectives on ways to increase scale across a rapidly growing business!

Requirements

• BA/BS is required or considerable portfolio support experience
• Series 7 and 66 licenses or the ability to obtain within the first 3-6 months of employment required
• Strong technology skills and proficiency with Excel, Python, and SQL are highly preferred
• Demonstrated experience working both independently and as part of a team in a highly collaborative environment
• Experience with Aladdin is preferred
• Experience with trading and implementation of separately managed accounts (SMAs) is preferred
• Ability to prioritize responsibilities and manage multiple tasks in a fast-paced environment, while demonstrating meticulous attention to detail
• Strong process awareness and ability to identify and address operational risk issues
• Demonstrated ability to effectively communicate and present in group settings
• Fixed Income market knowledge preferred

Responsibilities

• Develop expert knowledge of the Team’s trade modeling and order creation systems
• Trade client accounts – invest/divest assets as appropriate, rebalance accounts, etc.
• Research & resolve individual account discrepancies to ensure a consistent client experience and minimize investment and operational risk
• Handle incoming FA inquiries, provide a professional investment experience and resolve account-related issues accurately and efficiently.
• Provide thoughtful ideas and contribute to the streamlining of processes through technology improvements and automation
• Produce various internal reports relating to trading and investment performance on a timely and accurate basis
• Assist Portfolio Managers in handling significant new account growth
• Provide basic financial market information via Thomson, Bloomberg, etc.
• Produce reports for running the business
• Prepare client and prospect presentations, including gathering statistical data
• Develop a broad understanding of BlackRock’s SMA product offerings

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees