Associate, Investment Strategy & Research

About this role

Company: BlackRock Financial Management, Inc.

Job Title: Associate, Investment Strategy & Research

Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Coordinate, prepare, and conduct operational due diligence reviews on existing and potential hedge fund investments, including evaluations of hedge fund internal controls, operational support structure/personnel, trade processing environment, regulatory environment, compliance program, legal documentation, cash management procedures, valuation practices, NAV production, service providers, information technology (IT) and cybersecurity. Evaluate the hedge fund’s organizational structure, key personnel, control environment, policies and procedures, third-party service providers, and technology. Perform assessments on new investment opportunities, ongoing monitoring of existing investments and meeting with experts across the industry, including C-suite and senior members of external hedge fund and service provider organizations. Perform operational assessments and present findings to the Investment Committee. Identify and deliver recommendations to external hedge fund managers. Organize and lead meetings with hedge fund C- suite executives (e.g. COO, CFO) and other senior management personnel. Conduct reviews of key hedge fund service providers such as fund administrators, third party valuation agents, compliance and IT consultants, prime brokers, etc. Build a comprehensive understanding of the hedge fund and broader alternative investment industry by participating in events. Negotiate legal and commercial terms and outcomes for clients. Lead technology initiatives for the group via automation and reporting enhancements. Lead and monitor 1000+ counterparty risks and relationships that investment platform is exposed to, identifying signals of counterparty credit degradation and instability. Partner with internal BlackRock departments such as Data Solutions and Client Services to various client requests and deliverables.

Qualifications: Bachelor's degree in Economics, Mathematics, or related field. 24 months of experience in Job offered or related occupation. Requires 24 months of experience in each of the following: 1. Analyzing audited financial statements to extract value-additive details and summarize analyses in the form of presentable exhibits using Microsoft and Adobe software; 2. Leveraging existing databases, including publicly available sources as well as proprietary records, to create analyzable and consumable products; 3. Utilizing programming languages, including Python, SQL, SAS, and/or R to automate elements of ongoing analyses or reports; 4. Contributing to the sharing of knowledge and expertise internally, as well as externally to clients and business partners, by drafting memos, summary statistics, and structured data; and 5. Representing the firm in front of clients and business partners.

To apply, please click “Apply” on this webpage.

 

For New York, NY Only the salary range for this position is USD$158,100.00 - USD$210,000.00 . 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 g