Core PM, Associate

BlackRock • San Francisco, CA

410d • $125,000 - $209,000 • Remote

About The Position

The Systematic Active Equity (SAE) Core PM Portfolio Manager role at BlackRock involves managing and implementing portfolio strategies across Developed and Emerging Market portfolios. The position emphasizes risk control and compliance while contributing to the enhancement of the SAE portfolio management platform. The role offers significant opportunities for impact within the team and the broader SAE business, focusing on operational excellence and collaboration with various internal teams.

Requirements

• Degree in a quantitative field (e.g. computer science, engineering, physics, math, finance, or economics)
• 2+ years in a portfolio management-related or trading role, preferably with equities, futures, and FX experience
• Knowledge of Aladdin; programming skills in Python, MATLAB or other languages or tools are desirable
• Knowledge of iShares and ETF portfolio management is a plus
• Attention to detail, with a desire to work across a wide range of portfolio types and activities
• Interpersonal skills that align with and contribute to a culture of teamwork and constant learning

Nice To Haves

• Experience with quantitative analysis
• Familiarity with risk management frameworks
• Strong analytical and problem-solving skills

Responsibilities

• Manage portfolio cash flows including subscriptions, redemptions, and equitizations
• Manage portfolio FX exposures
• Manage derivative lifecycle events for futures, TRS, FX forwards, and options
• Manage daily processes and rebalance activity for active ETFs and other portfolios
• Rebalance futures, FX overlay, and portable alpha strategies
• Ensure portfolios remain in compliance with their investment guidelines
• Monitor, submit elections, and ensure proper processing of corporate actions
• Deliver operational excellence and foster a culture of investment risk control and compliance
• Work alongside SAE Portfolio Management, Product Strategy and Research, and Business Management teams to execute key commercial initiatives and onboard new products, mandates, and clients
• Partner with BlackRock business partners to drive system enhancements and investment and trading process improvements

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
• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: No Education Listed