Vice President, Market Risk Manager - Fixed Income (New York, NY)

New York, USA
13 Sep 2021
27 Sep 2021
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
About this role
Business Overview
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks.  RQA’s principal objectives are to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.

RQA is committed to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders. Â We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose.
Fixed Income Risk Management
BlackRock manages over $2.7 trillion in fixed income assets. You will partner with the fixed income businesses to deliver independent risk oversight, risk advice, and provide quantitative analysis to assist with portfolio construction and performance measurement, with a focus on corporate credit portfolios.

Key Responsibilities:
  • Daily risk management and oversight of credit portfolios, ensuring risks are fully understood by RQA, portfolio managers and key stakeholders
  • Ensure risk taking is consistent with client objectives by understanding portfolio construction, risk attribution and designing appropriate stress/scenario analyses
  • Communicate effectively and provide constructive challenge to decision makers to influence portfolio construction and drive better investment decisions
  • Contribute to the design and implementation of state-of-the-art risk tools for day-to-day risk management and longer-term strategic projects to enhance risk and portfolio management processes
  • Work collaboratively with peers across RQA and help mentor junior risk managers
  • Degree in a quantitative field, e.g., mathematics, computer science, economics, engineering ; Master’s level degree and/or CFA or FRM preferred Â
  • 4+ years of previous work experience in the financial services industry with a breadth of knowledge and experience in fixed income risk management
  • A love of models, an understanding of their limitations and a desire to improve them
  • Experience programming in coding financial models in Python or R
  • Strong written/oral communication and interpersonal skills with the ability to build relationships across all areas of the business
  • Highly organized, ability to proactively respond under tight deadlines
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 â€" 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 |  | Instagram: @blackrock | Twitter: @blackrock  | LinkedIn:

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.
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.

Similar jobs

Similar jobs

  • You need to sign in to save