Associate, Multi-Asset Portfolio Manager

BlackRock•San Francisco, CA

3d•$116,000 - $155,000•Hybrid

About The Position

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock's mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. The Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of BlackRock's index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative alpha insights. The team constructs active asset allocation strategies and whole-portfolio solutions across a broad spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions for wealth and institutional clients. MASS manages more than $1 trillion in assets and maintains a strong presence across the United States, Europe, and Asia Pacific. MASS is committed to fostering an inclusive environment where employees are valued, respected, and empowered to contribute to the success of our clients and business. The MASS Portfolio Management team is seeking a highly motivated professional with a strong financial and technical background to help enhance the investment process and investment platform supporting model portfolios. As the business continues to expand, this role offers the opportunity to influence portfolio management practices, improve technology-enabled investment workflows, and contribute to scalable portfolio solutions. The successful candidate will bring strong analytical skills, attention to detail, and a passion for financial markets across asset classes, while partnering closely with investment, risk, analytics, data, and platform teams.

Requirements

Undergraduate degree in a quantitative discipline such as Physics, Mathematics, Finance, Economics, Computer Science, or equivalent professional experience demonstrating a strong interest in investing.
Understanding of portfolio construction and quantitative concepts including risk and exposure management, optimization, beta hedging, foreign exchange hedging, and risk and performance attribution.
Experience developing AI-enabled tools combined with academic or professional experience in quantitative finance and portfolio management.
Strong attention to detail and the ability to manage multiple portfolio types and activities while maintaining a strong focus on operational risk.
Demonstrated problem-solving capabilities, including identifying issues, seeking input from stakeholders, driving resolutions, and implementing process improvements.
Excellent communication and interpersonal skills, including the ability to present to internal and external audiences and collaborate effectively across teams.
Proficiency in Python and Structured Query Language (SQL); experience with additional programming languages is beneficial.

Responsibilities

Manage multi-asset model portfolios comprised of Exchange Traded Funds (ETFs) and mutual funds and/or global single-name physical equity portfolios.
Perform daily fund management activities, including implementing investment strategies, portfolio rebalancing, and performance attribution.
Ensure mandates align with performance expectations, investment guidelines, risk parameters, and regulatory requirements.
Utilize technology and analytical tools to improve processes and support business scalability.
Build processes that address investment challenges and integrate with existing BlackRock infrastructure, including Aladdin.
Partner with analytics, risk, data, and platform teams to enhance systems, investment processes, and trading workflows.
Explore and apply artificial intelligence (AI) and machine learning techniques, including prompt engineering, to improve scalable analytics and streamline processes.
Collaborate with portfolio managers to translate investment workflows into scalable technology solutions that mitigate risk and improve operational efficiency.