Real Asset Investment Risk Management, Vice President - RQA

BlackRock•New York, NY

1d•$155,000 - $210,000•Hybrid

About The Position

The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. Its mission is to advance the firm’s risk management practices and deliver independent expertise and constructive challenge to support better business and investment outcomes. RQA risk managers use quantitative analysis and multidisciplinary expertise to address real-world investment-management problems. The group emphasizes collaboration, inclusion, innovation, diversity, and employee development. This role is part of the RQA Real Assets risk team and provides senior independent risk oversight for private real estate and infrastructure portfolios and funds. The Vice President will challenge portfolio managers, lead risk analysis and scenario work, and communicate risk insights to senior stakeholders and governance forums. The role helps ensure portfolios are consistent with client objectives and stated risk tolerances. BlackRock offers a hybrid work model requiring employees to work in the office at least four days per week, with the flexibility to work from home one day per week. Some business groups may require more office time. For New York, NY, the salary range is $155,000–$210,000, with eligibility for an annual discretionary bonus and healthcare, leave, and retirement benefits. Total compensation may vary based on role, location, and firm, department, and individual performance.

Requirements

Bachelor’s degree in finance, economics, business, real estate, or a related field.
At least 6 years of experience in a risk-management or investment role focused on real assets, with real estate and/or infrastructure experience required.
Strong understanding of real-asset investment processes, including underwriting, portfolio construction, capital structure analysis, and risk-return tradeoffs.
Demonstrated experience with scenario analysis, stress testing, and performance or exposure attribution for illiquid assets.
Ability to engage senior stakeholders and influence outcomes through clear, structured, data-driven communication.
Strong quantitative orientation.
Excellent collaboration and leadership skills in a fast-paced, cross-functional environment.

Nice To Haves

Master’s degree.
Experience with Python, SQL, and visualization.
Familiarity with investment-risk platforms; Aladdin experience is a strong plus.

Responsibilities

Provide independent risk oversight and credible challenge across real estate and infrastructure portfolios, ensuring alignment with client mandates, investment guidelines, and regulatory expectations.
Monitor portfolio risk concentrations, liquidity profiles, leverage and refinancing risks, and downside scenarios; escalate issues and recommend actions as appropriate.
Own scenario-analysis and stress-testing frameworks for real assets, synthesizing the implications of macroeconomic, geopolitical, and policy developments for valuations and portfolio outcomes.
Deliver clear, decision-useful risk insights to portfolio managers and senior risk leadership, including concise messaging for portfolio reviews and governance discussions.
Develop and enhance real-asset-specific risk models, tools, and dashboards to improve the repeatability, controls, and scalability of oversight.
Engage with portfolio managers and deal teams throughout the investment lifecycle, including pipeline, due diligence, portfolio construction, and ongoing monitoring, to influence decisions through data-driven perspectives.
Contribute to and/or present risk assessments in investment committee and senior-stakeholder forums.
Mentor junior team members and help improve analytical rigor, communication quality, and stakeholder management.