Real Asset Investment Risk Management, Vice President - RQA

BlackRock•New York, NY

1d•$155,000 - $210,000•Hybrid

About The Position

The Vice President will join BlackRock’s Risk & Quantitative Analysis (RQA) Real Assets risk team, which provides independent oversight of fiduciary and enterprise risks. The role provides senior independent risk oversight for private real estate and infrastructure portfolios and funds, delivering constructive challenge to portfolio managers and supporting investment decisions with quantitative analysis and risk expertise. The position leads risk analysis, scenario work, and communication of risk insights to senior stakeholders and governance forums. It helps ensure portfolios remain consistent with client objectives, mandates, investment guidelines, regulatory expectations, and stated risk tolerances. The role also contributes to the development of real-asset-specific risk models, tools, and dashboards, and mentors junior colleagues. BlackRock’s RQA group emphasizes collaboration, inclusion, innovation, diversity, and employee development. The position follows the company’s hybrid work model: employees are currently required to work in the office at least four days per week, with flexibility to work from home one day per week; some business groups may require more office time.

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; real estate and/or infrastructure experience is 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/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, 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.