Associate, Multi-Asset Portfolio Manager

BlackRock•San Francisco, CA

2d•$116,000 - $155,000•Hybrid

About The Position

BlackRock is a global asset management firm providing investment, risk management, and advisory services. The Multi-Asset Strategies & Solutions (MASS) team is central to BlackRock's portfolio construction, asset allocation, and active management. MASS utilizes BlackRock's diverse investment capabilities to deliver precise investment outcomes and innovative alpha insights. The team constructs active asset allocation strategies and whole portfolio solutions across various channels and handles over $1 trillion in assets globally. MASS is committed to fostering a diverse and inclusive workforce where all employees are valued and respected. The MASS portfolio management team is seeking a motivated individual with a strong financial and technical background to enhance its investment process and platform for Model Portfolios. This role offers significant opportunities for impact within a rapidly expanding business. The ideal candidate will have exceptional attention to detail, strong interpersonal skills, and a passion for critically analyzing financial markets across and within asset classes.

Requirements

Undergraduate degree in a quantitative field (Physics, Mathematics, Finance, Economics, Computer Science or similar) or equivalent demonstrated professional experience with proven passion for investing.
Demonstrated understanding of portfolio construction and the quantitative concepts of risk and exposure, and their application to portfolio management through optimization, beta and FX hedging, and risk and performance attribution.
Experience building AI tools combined with academic experience in quantitative finance and portfolio management
Meticulous attention to detail with an ability to remain focused across a wide range of portfolio types and activities.
Strong process awareness and ability to address operational risk issues.
Ability to problem solve identifying potential issues, seeking help or input from others, working quickly towards a resolution, and proposing and implementing changes to mitigate future issues.
Strong communication and interpersonal skills, including ability to deliver presentations internally/externally and coordinate across multiple groups around the firm.
Coding experience with Python and SQL required.

Nice To Haves

Experience with other programming languages is a plus.

Responsibilities

Manage multi-asset model portfolios comprised of ETFs and mutual funds and/or global single name physical equity portfolios.
Perform daily fund management tasks, including implementing multiple investment strategies, rebalancing, and attribution.
Ensure all mandates conform to performance expectations, investment guidelines, risk parameters, and regulatory requirements.
Utilize technology and analytical tools to improve processes and drive scale.
Build processes to solve investment challenges and integrate them with existing BlackRock infrastructure (i.e. Aladdin).
Coordinate with analytics, risk, data and other platform teams to drive improvements in systems, investment and trading processes.
Explore and apply AI and machine learning techniques, including prompt engineering, to advance scalable analytics and streamline processes.
Collaborate with other portfolio managers to translate investment workflows into scalable technology solutions to mitigate risk and improve efficiency.