Vice President, Multi-Asset Risk Management

Hong Kong, Hong Kong
Jul 08, 2021
Jul 22, 2021
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
About this role
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.
Multi Asset and Solutions Risk Management
You will partner with BlackRock's Multi Asset Strategies & Solutions (MASS) to deliver independent risk oversight, risk advice, and provide quantitative analysis to assist with portfolio construction, performance measurement, product design and investor engagement. MASS provides investment strategies and solutions that employ sophisticated asset allocation, risk management, and extensive research to deliver specific outcomes tailored to client needs, delivered through a range of pooled vehicles, model portfolios, and customized mandates across a variety of asset classes.

Key Responsibilities:
The successful candidate will join RQA's Investment Risk Team in Asia Pacific and be responsible for the risk management of our Multi-Asset portfolio range in the region. Over the past several years, the MASS book has increased in both size and complexity, with a focus on customized solutions for large institutional clients.

The successful candidate will need to work both independently and with other members of the RQA MASS team to construct scalable risk analytics for the portfolios under their purview. They will need to see these analyses through from conception to implementation, and ultimately explain the interpretation to portfolio managers.

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:
  • Partnering with senior risk managers to help ensure that the risks are fully understood and are consistent with 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
  • Assessing the consistency of risk taking and realized performance across model families and implementations.
  • Understanding how macroeconomic factors drive the investment decision-making process
  • Helping portfolio managers with portfolio construction and scenario analysis
  • Helping to define 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
  • 5 to 10 years of demonstrated experience in risk management, research, or portfolio management
  • An advanced degree in mathematics, quantitative finance, computer science, economics, statistics, engineering or another quantitative field
  • Deep technical understanding of quantitative risk management and its application to investment portfolios
  • Excellent coding skills (e.g. Python, R) and ability to interact with databases (e.g. SQL)
  • Proven understanding of financial markets and portfolio construction techniques
  • An ability to explain complex ideas in simple but impactful terms in order to influence portfolio construction decisions
  • A passion for applying quantitative techniques to real-world problems including analyzing portfolio risk taking and understanding financial markets
  • Experience of Multi-Asset portfolios and risk management is a plus
  • Experience with scenario analysis, stress-testing, equity risk factor models, performance attribution, and other risk-related metrics and tools
  • CFA, GARP or PRMIA 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 | | 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.

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