Director, Market Risk Management (Equities) - San Francisco, CA

Recruiter
BlackRock
Location
San Francisco, USA
Salary
Competitive
Posted
14 Jun 2021
Closes
22 Jun 2021
Ref
11236486
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description
About this role
Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success.

What makes us special as a company
  • Our mission statement: help more and more people experience financial well-being, allowing them to have better health, education, and retirement.
  • As the biggest asset manager, we are among the top companies globally with a highly secure and established financial pedigree.
  • We are growing dynamically so there are always new opportunities.
  • BlackRock is socially responsible and is leading the push for a more climate-conscious, sustainable & ethical approach to corporate governance, products & investing.
  • BlackRock is a FinTech company with an equal emphasis on technology and finance.
  • There are a lot of perks, e.g. unlimited holiday, free access to learning sites, a stipend to undertake training.
  • Compared to many big companies, employees enjoy more freedom to give input, make decisions and express their opinion, regardless of your level.
Business Overview
BlackRock's Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. RQA Investment Risk's principal responsibility is to ensure that the risks in BlackRock's portfolios are fully understood by our portfolio managers and senior management and are consistent with clients' objectives. We also help build "state-of-the-practice" quantitative models and analytics that help inform risk taking and portfolio construction across the firm. RQA team members tackle real-world problems, using quantitative analysis and a multi-disciplinary skillset to provide tangible solutions in the investment management process.

Key Responsibilities:
We are currently looking for an experienced candidate with strong quantitative and communication skills to join RQA's Investment Risk Team to help manage risk for the Systematic Active Equity and Factor Based Strategies platforms in San Francisco. Responsibilities include but are not limited to taking a lead role in facilitating discussions with portfolio managers on all aspects of the portfolio construction process, working with portfolio managers to understand the exposures and risks taken, and providing the necessary risk oversight by ensuring that senior management is advised of risks. This person will also manage a small team.

The role will be based onsite in our San Francisco office.

Specific Responsibilities Include:
  • Partnering with senior risk managers to help ensure that the risks are fully understood by Portfolio Management and are consistent with our clients' objectives and risk constraints
  • Knowing the investment risks by thoroughly understanding all investments and trades
  • Regularly monitoring risks in the portfolios and presenting pertinent analyses on markets, portfolio risk and performance drivers to portfolio management teams
  • Understanding how macroeconomic factors drive the investment decision-making process
  • Helping portfolio managers with portfolio construction and scenario analysis
  • Helping to define the analytical and risk management's development needs for adequately monitoring risks
  • Partner with other groups within BlackRock (Portfolio Analytics Group, Financial Modeling Group etc.) in developing new and improving existing analytics and quantitative models
Qualifications:
  • 10-15 years of demonstrated experience in risk management, research, or portfolio management
  • Ability to explain complex ideas in simple but impactful terms in order to influence portfolio construction decisions
  • Passion for applying quantitative techniques to real-world problems including analyzing portfolio risk taking and understanding financial markets
  • Proven understanding of equity markets and portfolio construction techniques
  • Extensive experience with scenario analysis, stress-testing, equity risk factor models, performance attribution, and other risk-related metrics and tools
  • An advanced degree in mathematics, quantitative finance, computer science, economics, statistics, engineering or another quantitative field
  • Proven ability to coach/inspire teams and maintain an open communication culture
  • Proven coding skills, i.e. Python, R etc.
  • GARP, PRMIA, Chartered Financial Analyst (CFA) designation is a plus
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.

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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

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