Fundamental Fixed Income (FFI) - Vice President, Agency MBS Investment Team

About this role

BlackRock is one of the world’s preeminent asset management firms and a best-in-class 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 meticulous fundamental and quantitative active management approaches aimed at improving outperformance to highly efficient indexing strategies designed to gain broad exposure to all capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and pooled investment vehicles, and the industry-leading iShares® ETFs. 
 

The BlackRock's Fundamental Fixed Income (FFI) handles more than $1.2 trillion in fixed income assets. The platform offers an array of fixed income products designed to meet specific client risk and return profiles. Incorporating the expertise of BlackRock's sector specialists, each client portfolio is tailored to reflect specific investment guidelines and objectives with respect to interest rate exposure, sector allocation, and credit quality.
 

The FFI Agency MBS investment team runs a data-driven investment process. This role will contribute to the building, maintenance and enhancement of all aspects of the technology and data which powers this investment process. This individual will work side-by-side with the team’s investors to build the data pipelines, reports, interactive tools, workflows, and automated processes to empower the team to achieve its investment objectives. In particular:

• A solid understanding of fixed income markets, securities, and data. In particular, understanding the pricing, risk analytics, and returns of bonds is critical.
• This role also requires a high degree of knowledge specific to Agency MBS: Mortgage bond cashflows and TBA market mechanics; Agency Mortgage Prepayment Models; Thorough understanding of mortgage risk analytics, including OAS and other related metrics; MBS Index construction and pricing dynamics
• The ability to translate business problems into solutions quickly and then iterate on those solutions with team members in a tight feedback loop. 
• Being forward-thinking regarding changing priorities driven by rapid changes in markets and investment opportunities. This often means managing multiple projects at one time.
• This role requires strong hands-on software development skills. The candidate should be proficient in Python and have comfort with code-sharing software (Git, Azure etc..). Candidate should have deep experience working with large data sets.
• The candidate should be equally comfortable pursuing projects on their own as they are working alongside other members of the team.
• The role exceptional interpersonal skills and an ability to clearly communicate ideas and opinions in a constructive manner.

 

For New York City only: The salary range for this position is $147,500 - $209,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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 work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; an