Multi Asset Solutions, Portfolio Management, Associate

BlackRock•New York, NY

22h•$116,000 - $155,000•Hybrid

About The Position

BlackRock is a global asset management firm dedicated to helping clients achieve financial well-being. The Multi-Asset Strategies & Solutions (MASS) team is central to BlackRock's portfolio construction, asset allocation, and active management. MASS utilizes BlackRock's diverse investment capabilities to deliver precise investment outcomes and alpha insights. The team constructs active asset allocation strategies and comprehensive portfolio solutions for both wealth and institutional clients. With over $1 trillion in assets under management, MASS has a significant global presence and is committed to fostering a diverse and inclusive workforce. The MASS portfolio management team is seeking a motivated individual with a strong technical background to contribute to the development of our Python-based investment platform. This role sits at the intersection of technology and asset management, where the systems and platform built will impact thousands of clients within the Model Portfolios business. This is a hybrid role, blending technology and portfolio management responsibilities.

Requirements

Desire to drive innovative investing solutions and challenge the status quo.
Strong design patterns knowledge and implementation experience using one or more object-oriented languages (e.g., Python, Java, C/C++).
Familiarity with Git.
Knowledge of relational databases.
BS in computer science or a similar field.

Nice To Haves

Understanding of financial markets and portfolio management concepts.
Experience with Python packages/frameworks (Pandas, Numpy).
Experience building financial applications.
Experience with using generative AI through APIs.

Responsibilities

Research and build generative AI systems to scale portfolio management.
Collaborate with BlackRock’s wider tech platform and Aladdin engineering teams to integrate new developments and data via APIs and SQL queries.
Interface with portfolio managers to translate investment workflows into scalable technology solutions that mitigate risk and improve efficiency.
Maintain and evolve existing applications, including deployment, documentation, testing, and adherence to coding standards.
Work with client-facing managers to configure client portfolios for optimal outcomes.
Leverage risk and compliance tooling to implement investment theses.
Collaborate with full-time portfolio managers to build effective workflows for managing portfolios at scale.