Associate, Index Asset Allocation Portfolio Manager
BlackRockAbout the role
About this role
What team will you be on?
The Index Asset Allocation team is part of Index Equity Investments within the BlackRock Global Markets (“BGM”) organization. The team is responsible for managing the portfolio implementation of a large number of Equity, Fixed Income, and multi asset fund of funds for Defined Benefit and Defined Contribution clients in US and Canada. The book of business includes BlackRock’s LifePath Index suites, Target Allocation Funds, and a number of allocated collective investment funds and separate accounts. In addition to day-to-day portfolio management responsibilities, you will be expected to acquire new skills and apply them in order to improve fund performance, internal processes, investment solutions, performance attribution, and investment tools/platform.
Why is your role important?
The team’s guiding principles are to:
Serve as a trusted advisor by providing unbiased advice on portfolio issues and multi-asset solutions
Deliver BlackRock’s global capabilities by leveraging the firm’s insights in a holistic and consistent manner
Employ a flexible framework using a dynamic approach to investment solutions that adapts to client needs
Take ownership of implementation and performance, by focusing on high-quality execution and delivering investment results
The successful candidate will need to communicate effectively and foster productive working relationships with individuals. Team members collectively own their successes and failures and are part of an environment where there is a strong commitment to develop and grow careers, with a focus on passion and excellence. An appetite to learn is a must.
Attention to detail, interpersonal skills and technical knowledge are at the core of the skills required to be a successful member of the team.
What will you be doing?
Performing daily fund management tasks, including handling client contributions and redemptions, portfolio rebalancing, ensuring that portfolios track within performance expectations, and performance attribution
Applying market experience and knowledge of index construction to portfolio management and designing investment solutions
Partnering with developers to enhance and transform business tools and processes
Supporting management and client facing groups in reporting business metrics and ad-hoc requests
Partnering with internal stakeholders in managing new fund launches and restructures
Analyzing datasets and leveraging coding to drive investment outcomes
Building expertise in managing large scale portfolio management processes as well as managing complexity around mandate changes, transitions or market events
Building strong working relationships with internal teams in Index Equity, Fixed Income, FX, Trading, Risk & Quantitative Analyis, Business Operations, Client Business, and others
What are we looking for?
2+ years within the financial services industry
Bachelor’s degree in finance, data science, or related field
An interest in financial markets and portfolio management
Ability to multi-task and prioritize assignments while producing a high-quality work in a demanding, fast-paced environment.
Excellent verbal and written communication, teamwork, and relationship-building skills
Curious and self-motivated. Attention to detail.
SQL, Python or any coding experience is a plus
Flexible to work market hours
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 collabora
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