Financial Institutions Group (FIG) - Associate, Securitized Assets

BlackRock • New York, NY

413d • $115,000 - $147,500 • Remote

About The Position

The Securitized Assets Portfolio Manager will join BlackRock's Financial Institutions Group, managing a diverse range of Fixed Income portfolios, particularly focusing on Structured Products. The role involves collaborating with Lead PMs to implement investment ideas, contributing to alpha generation, and developing analytics and tools for performance attribution and risk monitoring.

Requirements

• BA/BS required; progress toward CFA is a plus.
• Minimum 2 years of experience in Fixed Income markets and Securitized Assets.
• Strong knowledge of fixed income and general finance, including bond math and risk.
• Experience in securitized asset origination or deal structuring is a plus.
• Ability to learn complexities of fixed income markets and trading.
• Understanding of risk and exposure concepts in portfolio management.
• Knowledge of financial institution/insurance client portfolio management is a plus.
• Technical skills including advanced Excel and Aladdin; SQL and programming experience is a strong plus.
• Proficient in programming languages (VBA/MATLAB/Python) and handling large datasets.
• Ability to adapt quickly to changing market environments and perform under tight time constraints.
• Strong problem-solving skills and attention to detail.
• Good interpersonal skills.

Nice To Haves

• Experience with financial institution/insurance client portfolio management.
• Knowledge of bond math and risk management concepts.

Responsibilities

• Work alongside various sectors including ABS, CLO, CMBS, and RMBS to learn market aspects and form investment ideas.
• Participate in the setup, evaluation, execution, and management of investments through new issue and secondary transactions.
• Coordinate with trading desks and capital markets teams on market deals.
• Provide quantitative and analytical support to PMs investing in securitized securities.
• Perform fundamental research on securitized deals and conduct relative-value analysis.
• Organize and prepare materials for new investments and existing holdings, including investment committee presentations.
• Build relationships with internal and external parties, including major broker-dealers.
• Publish periodic sector updates and daily market information, along with ad hoc presentations.
• Analyze macroeconomic and industry trends affecting the securitized market and client holdings.
• Collaborate with Product Strategists for onboarding and account activation for new mandates.
• Participate in portfolio reviews and client pitches to enhance client experience.
• Assist in market research efforts and contribute to alpha through relative value and portfolio construction.
• Provide insights from conference calls and industry discussions.

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: Bachelor's degree
• Number of Employees: 5,001-10,000 employees