Model Portfolio Manager - Multi-Asset Strategies & Solutions (MASS), Associate

BlackRock • New York, NY

1d • $116,000 - $155,000 • Hybrid

About The Position

About this role BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETF. Role Overview The Model Portfolio team within Multi-Asset Strategies & Solutions (MASS) is seeking a highly analytical Associate to support the ongoing management and continuous evolution of our model portfolio management platform. This position is designed as a hybrid role split between technology and portfolio management responsibilities. As an Associate, you will work at the intersection of portfolio management, financial analytics, and technology. The role involves supporting daily portfolio operations while owning scalable analytics across performance, attribution, and risk, with a strong emphasis on AI-enabled analytical workflows.

Requirements

• Bachelor’s degree in a quantitative or finance-related field.
• Strong understanding of portfolio management, performance evaluation, attribution, and risk.
• Proficiency in Python and experience working with structured datasets, including SQL.

Nice To Haves

• Experience with model portfolios or multi-asset strategies.
• Familiarity with Aladdin or factor risk models.
• Exposure to AI, machine learning, or AI-assisted analytics workflows.
• Progress toward a CFA or similar professional designation.

Responsibilities

• Support the ongoing management of model portfolios, including monitoring portfolio positioning, facilitating rebalances, and evaluating implementation outcomes.
• Collaborate closely with Portfolio Managers to execute portfolio changes resulting from asset allocation updates and model enhancements.
• Utilize internal risk and compliance tools to ensure portfolios remain aligned with established investment objectives.
• Own performance analysis across model portfolios, with a focus on benchmark-relative returns and implementation effects.
• Design, maintain, and enhance multi-asset attribution and risk analytics to support robust portfolio evaluation.
• Translate complex analytical outputs into clear, actionable investment insights to support decision-making.
• Develop Python-based tools and automated workflows to support scalable portfolio analytics.
• Leverage internal data platforms, including Aladdin and SQL-based sources, to improve the efficiency and effectiveness of analytics.
• Explore and apply AI and machine learning techniques, including prompt engineering, to advance scalable analytics and generate new investment insights.

Benefits

• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.
• tuition reimbursement
• BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level