Managing Director, Global Head of Macro - BlackRock Investment Institute

About this role

Role/Title: Managing Director, Global Head of Macro - BlackRock Investment Institute

 

About BlackRock:

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Role Overview

The BlackRock investment institute (BII) leverages BlackRock's expertise and produces proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation - all to help clients and portfolio managers navigate financial markets. We systematically leverage BlackRock’s expertise in markets, asset classes and client segments to help our portfolio managers deliver positive investment results for clients. Our focus is to keep our investment professionals connected, informed and on the cutting edge of investment thinking.

The Head of Macro Research works closely with the Head of BII, Global Chief Investment Strategist and Head of Portfolio Research to develop and communicate macro views. The jobholder is responsible for the macro analysis to support the resulting views, which underpin tactical and strategic horizon asset allocations that give Blackrock’s clients the whole-portfolio perspective they need today.

Key Responsibilities

The primary responsibilities include but not limited to:

• • Identifying and producing most impactful timely macro analysis to inform investment platform debate and decisions

  • Tracking and analyzing global policy developments of relevance to investors

  • Leading development and articulation of the BII global macro view in support of both tactical and strategic investment views, including capital market assumptions.

  • In collaboration with BII head, engaging investors and communicating in media on global macro issues

  • Overseeing analytical team of juniors

  • Lead on global client engagement pertaining to macro issues

  • Engaging in macro public debate and with the public policy sector

 

Knowledge / Experience
 

• • 15+ years of experience in a senior market economist position in the financial services or policy making sectors.

  • Strong background in macroeconomics and finance with substantial experience forecasting and analyzing economic trends.

  • Ability to lead and influence strategic discussions and help develop rigorous investment-relevant conclusions through idea generation and quality analysis.

  • Credible thought leader and effective communicator, both orally and written.

  • Intellectual curiosity that drives creative thinking.

  • Ability to work collaboratively with other senior leaders and to build and maintain strong relationships and networks.

 

Location: New York, NY

For New York, NY Only the salary range for this position is USD$270,000.00 - USD$350,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we wor