Associate, Portfolio Management - Transition

BlackRock•San Francisco, CA

12d•$131,500 - $155,000•Hybrid

About The Position

This role focuses on creating, implementing, and executing multi-asset class portfolio restructurings for institutional investors. The Associate will support portfolio construction and positioning during live transition assignments, develop optimal trading and hedging strategies with detailed execution plans, and instruct market orders to BlackRock's Global Trading team. The role involves partnering with traders to oversee execution and exposure management across equities, fixed income, currency, and futures/forwards. Additionally, the Associate will research and develop cross-asset investment strategies, work with clients to understand their transition needs and risks, prepare pre-trade analysis reports, and communicate with clients throughout the transition process. Continuous learning about emerging trading mechanisms, risk tools, and liquidity sources is expected, along with contributing to sophisticated execution plans and performance attribution frameworks.

Requirements

Bachelor’s degree or foreign equivalent in Industrial Engineering, Financial Engineering, Finance, or related field and 24 months of experience in job offered or closely related role.
Two years of experience in SQL, Excel, Python, VBA and Bloomberg Terminal.
Two years of experience in Multi- asset allocation strategies.
Two years of experience in Portfolio Risk Analytics.
Two years of experience in Quantitative Modeling.
Two years of experience in Capital Markets.
Two years of experience in Financial Instruments.
Two years of experience in Analyzing investment strategies over equity, fixed income, and emerging market equities.
Two years of experience in Investment performance attribution and the ability to identify key drivers of costs and performance.
Two years of experience in Fixed income and alternative asset classes, including US, global developed and emerging market equities, FX, US Treasuries, MBS, Credit, CMBS, ABS, CLO, CMO and high yield.
Two years of experience in Written and Oral communication skills to convey complex concepts into client friendly terms.
Two years of experience in Asset allocation methodologies across equity and fixed income and strategic allocation shift strategies.
Two years of experience in Equities, fixed income, currency, and futures and forwards.
Two years of experience in Research and development of cross asset investment strategies.

Responsibilities

Create, implement and execute multi-asset class portfolio restructurings for institutional investors.
Support portfolio construction and positioning during live transition assignments.
Develop optimal trading and hedging strategies, with detailed execution plans.
Support live transition assignments by instructing market orders to BlackRock's Global Trading team for execution.
Partner with traders to oversee execution and exposure management.
Research and develop cross-asset investment strategies across all major asset classes including fixed income, foreign exchange, equities, FX and derivatives to meet the needs of global institutional investors.
Work with clients to understand their portfolio transition needs and identify the key drivers of risk.
Prepare and present pre-trade analysis reports that clearly explain the proposed strategy, including expected transaction costs and risk.
Engage with clients throughout the course of a transition to communicate market conditions, transition progress, and portfolio performance.
Stay current on emerging trading mechanisms, risk tools, and liquidity sources to continuously evolve transition strategies.
Contribute to the development of sophisticated execution plans and performance attribution frameworks.