BPAS Portfolio Consultant - Vice President

London, United Kingdom
Oct 25, 2021
Nov 08, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

About this role

About BlackRock

BlackRock is one of the world's preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions - from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

Business Unit Overview:

BlackRock's ETF and Index Investments (EII) business, is the leading index investment engine in the world. We help investors build better portfolios with the industry's leading suite of index investment tools. We enable them to replace individual securities, to take short-term market views, to invest cash rapidly, to execute more efficiently than swaps, futures or individual bonds, to take long-term core positions and to construct efficient portfolios. We are the best in the world at building and managing efficient index tools for our clients. We serve every kind of investor: pensions, insurers, sovereign wealth funds, central banks, asset managers, wealth advisors and individual investors.

Job Purpose/Background:

The BlackRock EMEA Portfolio Analysis and Solutions (BPAS) team is part of BlackRock's global Portfolio Consulting group which partner with clients across geographies to help them achieve their portfolio outcomes using BlackRock alpha-seeking, factor and indexed products (under the iShares brand).

As the Wealth industry in Europe shifts from product to portfolios, BlackRock is heavily investing in the EMEA region to ensure we can fulfil our client needs while remaining in sync with their evolution - whatever the business model and approach they choose to implement.

BPAS is our answer for clients choosing to retain control of their asset allocation and implementation choices (i.e. not willing to out-source), whilst needing a partner in selecting products to achieve a given portfolio outcome. As such, BPAS interacts in the region with large portfolio builders across all segments: from CIO of Pension Funds and Insurance companies - to head of discretionary propositions, head of advisory books, managers of unit linked products and fund of fund managers - and complements the offering of our Client Solutions Group (CPS), which services clients wishing to outsource.

Leveraging BlackRock's unique Aladdin® risk platform and the BlackRock Investment Institute's macro insights, the team help investors de-code the risks, factor and specific features of pre-existing portfolios and evolve them towards the desired outcome. Furthermore, the team helps clients design new investment propositions and solutions.

The Senior Client Portfolio Consultant will focus on accelerating our business in key countries/ regions, partnering closely with the country iShares and Wealth (iS&W) Sales teams. In this role, he/ she will key driver of client engagements and flows, with a particular focus on leading the origination and execution of client analyses and consultations in Italy.

Key Responsibilities:

Engagements delivery . He/she will focus on scaling our delivery via an increased volume of client analyses and consultations delivered. This will entail:
  • Interacting directly with clients to understand their needs and objectives. He/ she must have an ability to interpret the client discussion, construct and shape impactful analysis and credibly deliver the findings. The successful candidate must have an interest and an ability to fluidly move through each one of these engagement stages. An interest and desire to run analytics is a must as this will represent up to 50% of the role.
  • Understanding and implementing macroeconomic and asset-class themes within portfolio construction to drive investment into portfolio solutions.
  • Working with the Consulting and Sales teams to construct portfolios tailored to regional client requirements. Serve as an investment specialist for client discussions.
  • Managing strategic projects and delivering innovation to BPAS' offering across client segment, product (through a portfolio lens) and analytical dimensions.

  • Fluent English and Italian is a prerequisite
  • 7+ years' experience in Solutions / Product / Quant roles within investment management, consulting or sell side firms.
  • Proven track record in client interaction and flow generation a must.
  • Excellent analytical skills - BA/BS in a quantitative/analytical, finance or economics discipline a must
  • CFA / FRM / CAIA certification highly desirable but not required.
  • Strong understanding of portfolio construction and optimisation processes and models - including drivers of return, risk control and portfolio construction techniques a must; practical econometrics / research experience a plus
  • Prior experience with risk management / portfolio construction systems (e.g. Barra, Axioma, Aladdin etc) a plus.
  • Effective communication skills, both written and verbal. The successful candidate must have the confidence and credibility to persuasively interact with colleagues, management, and clients.
  • Ability to work efficiently and multi-task effectively in a fast-paced and collaborative environment
  • Prior experience leading a team an advantage
  • Proven knowledge of any of the following: Python, SQL, VBA, C++, Linux, Matlab, R preferable
  • Prior experience in macro / investment strategy is an advantage.

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.

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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