Vice President, Portfolio Mangager - Multi-Asset Strategies & Solutions (EMEA DC)

About this role

Being a part of BlackRock means being a part of a community of experienced, ambitious people who are taking on some of the world’s most complex financial challenges. And our founder-led culture has maintained its entrepreneurial feel — we work hard, we work fast, and we work with purpose.
 

BlackRock’s Multi-Asset Strategies & Solutions (MASS) business 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 index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative alpha insights. Our team of 600+ multi-asset investment professionals 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 manages over $2.5 trillion in assets and has a strong presence in London, New York, San Francisco and Asia Pacific.

Team Overview

The MASS Portfolio Management team is responsible for a wide array of portfolio management activities across both multi-asset and sustainable equity mandates and solutions. The team is made up of around 100 portfolio managers organized globally with strong regional alignment to reflect different investing centers of expertise. The team’s primary responsibility involves partnering with various teams in designing, managing, and analyzing global, multi-asset portfolios to deliver performance for institutional and individual retail investors. The team works with CIOs, model managers and researchers on portfolio construction and new business design, contributes to investment research, handles all aspects of implementation, and drives enhancements across the PM operating platform.
 

Position Overview and Responsibilities

As a Portfolio Manager in MASS, you will be working as part of a team managing portfolios across a range of clients and product types.  Your responsibilities will include:

• Managing portfolios comprised of physical and synthetic fixed income, equity, FX, funds, private markets and commodity exposures

• Leading daily portfolio management tasks including implementing multiple investment strategies, handling client flows, FX hedging, rebalancing and monitoring positioning, and risk/ performance decomposition

• Ensuring all mandates conform to performance expectations, investment guidelines, risk parameters, and regulatory requirements

• Applying technology and analytical tools to improve processes, build scale and enhance investment decision-making

• Working with analytics, risk, data, and other platform teams to drive operational improvements and contribute to overall systems/investment and trading process design

• Participating in research related to portfolio construction, asset allocation, security selection, and other investment topics

We are looking for individuals who are

Fiduciaries: You consistently put clients first and maintain integrity in every aspect of performance

Curious: You like to learn new things and are happy to challenge the status quo

Intellectual: You are excited about growing your skillset through solving problems

Accountable: You feel personal ownership and passion for the work you do and an aspiration to be better

Finishers: You drive things to completion

Exacting: “Good enough” is simply not good enough

Open: You value and respect input from others

Experience / Qualifications

• 4 to 8 years of prior experience in portfolio management or related role desired (e.g. risk management, analytics, trading), with accompanying knowledge in relevant subject areas such as markets, instruments, portfolio construction, exposure and risk measures, or attribution

• Undergraduate degree in a quantitative field (Physics, Mathematics, Finance, Economics, Computer Science or similar) or equivalent demonstrated professional experience with proven passion for investing

• Relevant experience managing Defined Contribution (DC) pensions preferred, including experience in managing and rebalancing portfolios and FX hedging.

• Strong technical abilities with ability to develop process automation and tools to manage large numbers of portfolios. Data skills and coding experience are highly desirable

• Knowledge or experience across markets and instruments such as ETFs and other fund vehicles, derivatives, FX, rates, equities or credit markets (options, IRS, CDS, etc. a plus)

• Critical thinking and problem-solving skills, with the ability to identify investing and operational challenges, and to design and implement solutions.

• Strong strategic communication and interpersonal skills, ability to partner with multiple groups across the firm, and to work both independently and as part of a team in a highly collaborative, global environment.

• Meticulous attention to detail with an ability to remain focused across a wide range of portfolio types and activities.  Strong process awareness and ability to address operational risk issues.

• Technical skills such as Python, AI tools, and experience working with Aladdin strongly preferred.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.