Associate

BlackRock • San Francisco, CA

3d • $145,000 - $162,000 • Hybrid

About The Position

Support the construction and management of credit portfolios with daily flows including order raising, corporate actions, compliance resolution, cash management and hedging. Ensure portfolio consistency across the platform by reviewing various common factors and security-specific positioning in relation to reference accounts and guideline constraints. Monitor operating risk and ensure adherence to regulatory compliance. Interact with capital markets and credit traders on best execution and liquidity needs to ensure proper implementation of strategies and trade ideas. Prepare monthly and quarterly performance attribution, commentary and ad-hoc analysis for both internal and external use. Build and enhance portfolio management processes within the Credit team and across the platform, including trading workflows and consistency tools. Support PM desks in management of all fixed income funds, including continued investment process refinement and implementation and consistency of best practices. Ownership of strategic projects and ad hoc analysis related to BlackRock’s systematic platform.

Requirements

• Master’s degree in Financial Engineering, Finance, Economics, or a related field and one (1) year of experience as an Analyst or a related role. In the alternative, the employer will accept a Bachelor’s degree in Financial Engineering, Finance, Economics, or a related field and three (3) years of experience as an Analyst or a related role.
• Must have one (1) year of experience with: Fixed income market knowledge, including credit markets (investment-grade and high yield); Fixed income derivatives including futures, FX forwards, swaps, and CDX/CDS; Credit capital structure and concepts of fundamental analysis; Macroeconomic knowledge; Factor-based risk modeling and return attribution; Applying quantitative concepts to portfolio management including modern portfolio theory and portfolio optimization; Statistical analysis; Python, Git, SQL, and Tableau; Excel VBA; Bloomberg; and Machine Learning, data science.

Responsibilities

• Support the construction and management of credit portfolios with daily flows including order raising, corporate actions, compliance resolution, cash management and hedging.
• Ensure portfolio consistency across the platform by reviewing various common factors and security-specific positioning in relation to reference accounts and guideline constraints.
• Monitor operating risk and ensure adherence to regulatory compliance.
• Interact with capital markets and credit traders on best execution and liquidity needs to ensure proper implementation of strategies and trade ideas.
• Prepare monthly and quarterly performance attribution, commentary and ad-hoc analysis for both internal and external use.
• Build and enhance portfolio management processes within the Credit team and across the platform, including trading workflows and consistency tools.
• Support PM desks in management of all fixed income funds, including continued investment process refinement and implementation and consistency of best practices.
• Ownership of strategic projects and ad hoc analysis related to BlackRock’s systematic platform.

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: Mid Level
• Number of Employees: 5,001-10,000 employees