Hedge Fund Solutions Research, Vice President

Description

About this role

About BlackRock Alternative Investors

Charged with establishing BlackRock as clients' preeminent partner in alternative investing globally, BlackRock Alternative Investors (BAI) is one of the top five largest alternative asset managers in the world today. We are active in all asset classes and connect them in ways other firms can't match, operating on an integrated platform consisting of real estate, infrastructure, credit, private equity and hedge funds. Our scale means we offer expertise and access unique to BlackRock, and you'll collaborate with teams across our firm in unexpected ways. As part of a key growth engine for the firm, you'll be invited to continue building the platform that is shaping the future of Alts investing by creating and evolving innovative investment ideas and tech solutions on a team that continuously outperforms - setting new standards.

Grow your career with the firm that's building tomorrow's alternatives platform, backed by a purpose that drives positive outcomes for our clients, our investments and the communities we serve.

BlackRock Alternative Advisors ("BAA") is BlackRock's hedge fund solutions platform. With over $31 billion under management, BAA provides hedge fund solutions and hedge fund oriented co-investments to a broad array of institutional clients through commingled and custom fund structures.

BAA's hedge fund solutions product offerings encompass numerous investment strategies that span equity and credit markets, but also less traditional asset classes typically trafficked by specialized asset managers. BAA has significant experience in early manager identification, demonstrated access to unique investment opportunities and is a pioneer in hedge fund co-investments. BAA leverages the insights of the firm's substantial network of traders, legal and operational professionals globally to inform investment decisions.

BAA is looking for a Vice President to join the Absolute Return Strategies Manager Research Team to focus on hedge fund strategies in which the platform invests, with a focus on quantitative hedge fund strategies.

Responsibilities:

• Source, Evaluate, and Monitor New Fund Investments and Co-investments - particularly with respect to systematic strategies
  • Utilize experience and proprietary network to identify investment opportunities with an emphasis on being early
  • Lead investment due diligence including onsite visits, analysis, and the preparation and presentation of investment recommendations
  • Coordinate diligence effort across various functional teams (risk, operations, legal, compliance)
  • Identify and communicate emerging risks or potential inflection points associated with investments
  • Develop an in-depth understanding of a range of hedge fund strategies and associated instruments
• Communicate domain expertise to sophisticated clients
• Mentor junior team members in the methods of investment analysis and foster their professional growth
• Initiate and build relationships with investment teams and domain experts across BlackRock to facilitate knowledge transfer and aid decision-making

Skills and Qualifications:

• 5-8 years' previous experience preferred, but not required
  • Prior experience may include, but not limited to: roles in quantitative analytics, at alt data vendors, execution vendors, asset managers with a focus on quantitative investments, or roles as a 'quantimental' analyst on the sell-side or buyside. Interest in learning more about quantitative hedge fund strategies, with prior experience in the industry more broadly without specifications in algorithmic strategies, is welcome.
• Bachelor's degree in Finance, Economics, Mathematics/statistics, or Engineering preferred but not required
• Outstanding academic credentials
• The ability to work with individuals at all levels of an organization and contribute to the strategic direction of the firm
• Outstanding analytical and organizational skills with a strong attention to detail
• Capacity to keep the strategic vision of a company in sight while paying attention to the details of day-to-day operations
• Exceptional communication skills, with the right level of confidence and assertiveness, to present and promote ideas at all levels of the organization
• Intellectual curiosity with an ability to be a self-starter
• Experience incorporating ESG considerations to source, diligence, and monitor investments preferred

For New York City only: The salary range for this position is $156,750 - $205,000. 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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are required to work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week. Some business groups may require more time in the office due to their roles and responsibilities. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.

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.