Multi Asset Solutions, Portfolio Management, Associate

Benefits

Additional Information

About this role 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's mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. 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. The Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of BlackRock's index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and cutting-edge alpha insights. MASS constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels. Currently, MASS handles over $1 trillion in assets and has a strong presence in San Francisco, New York, London, Asia Pacific region, and a growing team in Budapest. MASS is committed to attracting, developing and retaining a diverse and inclusive workforce. We are passionate about creating and promoting an environment where all employees are valued and respected. Consistent with our diverse client base, we recognize the benefit that diversity brings to the success of our business. Role Overview The MASS portfolio management team is seeking a motivated individual with financial knowledge and a proven technical background to drive develop ment of our Python-based investment platform. At the intersection of technology and asset management, the systems and platform you build will drive investment results across thousands of clients in our Model Portfolios business, one of the most significant evolutions in the Wealth Management industry over the last decade and a growth driver within MASS and BlackRock. The position will be a hybrid role between technology and portfolio management . Technical Responsibilities: Research and b uild generative AI systems to build scale in portfolio management Work with BlackRock's wider tech platform and Aladdin engineering teams to integrate new developments and data via APIs and SQL queries Interface with portfolio managers to translate investment workflows into scalable technology solutions to mitigate risk and improve efficiency Maintain and evolve existing applications including deployment, documentation, testing, and coding standards Portfolio Management Responsibilities : Work with client-facing managers to configure client portfolios for best outcomes Leverage r isk and compliance tooling to implement an investment thesis Collaborate with full-time portfolio managers to build effective workflows for managing portfolios at scale Key Qualifications : Desire to drive innovative investing solutions and to challenge the status quo Strong design patterns knowledge and implementation experience using one or more objected-oriented languages ( e.g. Python, Java, C/C++) Familiarity with git Knowledge of relational databases BS in computer science or similar Desirable Qualifications : Understanding of financial market and portfolio management concepts Experience with Python packages/frameworks (Pandas , Numpy ) Experience building financial applications Experience with using generative AI through APIs For New York, NY Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . 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.

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at BlackRock? Share your experience