Private Credit Risk Manager, Associate

BlackRock • New York, NY

1d • $116,000 - $155,000 • Hybrid

About The Position

BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process. Private Markets Risk Management BlackRock manages over $450 billion in private markets assets. We are seeking individuals who combine strong analytical and communication skills and can solve challenging problems related to investing in private markets. This individual will work closely with private credit portfolio managers and senior risk managers to provide investment risk oversight of various private credit portfolios. They will lead various market and portfolio analyses, employing superior influencing skills to help inform the investment process and improve portfolio design.

Requirements

• A degree in finance, economics, or a related field.
• Strong analytical skills, attention to detail, ability to work as a team and adhere to tight deadlines
• Strong written/oral communication and interpersonal skills; ability to communicate quantitative and market concepts succinctly
• Ability to bring innovative ideas into the portfolio construction and risk management process

Nice To Haves

• Advanced degree or certifications (e.g., FRM, CFA, MBA, etc.) preferred
• Programming skills in any language; Python and/or SQL preferred
• Exposure to risk management, research, or portfolio management, supporting corporate credit (C&I), private credit, or private equity portfolios preferred

Responsibilities

• Partner with investment teams and businesses to ensure that risks are fully understood, consistent with client objectives, and appropriately mitigated.
• Work with senior risk managers to provide risk management and oversight of private credit portfolios, including review of new deals going to investment committee
• Communicate complex ideas in simple but impactful terms to influence portfolio construction and drive better investment decisions
• Perform market analysis, scenario analysis / stress testing, and portfolio reviews alongside senior risk managers to ensure a thorough evaluation of portfolio risk
• Drive continuous evolution in portfolio analytics and risk monitoring tools in partnership with peers across RQA, portfolio management, and financial engineering.
• Perform ad-hoc reporting and analyses to help address the real-time asks of senior members of the team.

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