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BlackRockposted 2 months ago
$162,500 - $215,000/Yr
Full-time • Mid Level
Hybrid • Sausalito, CA
Funds, Trusts, and Other Financial Vehicles
Resume Match Score

About the position

BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations. We are looking for a Portfolio Management Product Manager within our Direct Indexing Equity team. This role will lead business initiatives to scale processes and systems, improve efficiencies and reduce errors, focused on the Portfolio Management group. The candidate will bring a deep understanding of end-to-end investment management processes to drive our portfolio management systems forward. The ideal candidate will be a structured thinker, one who possesses technical awareness and can support a fast-growing business. A strong team player is critical, as they will work creatively and collaboratively with colleagues across a wide range of departments. They will bring excellent technical skills, an intellectual curiosity, and a "get the job done" mentality.

Responsibilities

  • Lead strategic initiatives by collaborating closely with stakeholders and end-users, driving innovation, customization, and efficiency within Direct Index Equity portfolio management.
  • Act as the central point of contact between business users and development teams for both new and existing portfolio management systems.
  • Synthesize requirements that balance objectives with resource constraints, deadlines and the demands of a live trading environment.
  • Own the project governance including communication of status and management for associated projects.
  • Drive adoption of new features and changes to the portfolio management system by working closely with end users, engineers and testers.
  • Document current state processes, perform gap analysis, and guide future state process design to enable scalable growth.
  • Capture business requirements and translate and prioritize them into system requirements for developers and testers.
  • Provide support to business users by investigating time sensitive issues with an ability to triage and prioritize conflicting demands.

Requirements

  • 5-8 years of direct relevant experience supporting and driving change with portfolio management teams.
  • Bachelor's degree in finance, economics, computer science, engineering or a comparable field, or equivalent professional experience demonstrating similar competencies.
  • Experience working in equity SMAs.
  • Experience working with systems developers on custom software, preferably in an agile environment.
  • Strong organizational navigation skills with the ability to build and maintain relationships across all levels.
  • Demonstrated project management prowess with a track record of delivering results and the ability to present complex ideas effectively.
  • Proven ability to work autonomously as well as collaboratively within a dynamic team setting.
  • Self-motivated with the capacity to navigate ambiguity and take initiative in uncertain situations.
  • A relentless focus on precision and accuracy in all aspects of work.
  • Experience with databases and writing SQL queries.

Benefits

  • Strong retirement plan
  • Tuition reimbursement
  • Comprehensive healthcare
  • Support for working parents
  • Flexible Time Off (FTO)
  • Annual discretionary bonus
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