Multi-Asset Strategies & Solutions - Associate, Outsourced CIO Team

Description

About this role

Being a part of BlackRock means being a part of a community of experienced, ambitious people who are taking on some of the world's most complex financial challenges. And our founder-led culture has maintained its entrepreneurial feel - we work hard, we work fast, and we work with purpose.

BlackRock's Multi-Asset Strategies & Solutions (MASS) business is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative alpha insights. Our team of 300+ multi-asset investment professionals constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels. Currently, MASS manages over $1 trillion in assets and has a strong presence in San Francisco, New York, London and throughout Asia Pacific.

We are looking to add Associates on both our Americas Endowments, Foundations & Healthcare team out of San Francisco and/or New York City as well as our Americas Pensions team out of New York City.

Team Overviews:

The Americas Endowments, Foundations & Healthcare team within the MASS business constructs and manages active asset allocation strategies and whole portfolio solutions using Blackrock and third-party managers across public and private markets. The team manages approximately $10 billion in client assets as of 30 September 2021 for Endowments, Foundations & Healthcare clients across the U.S.

The Americas Pensions team within the MASS business constructs and manages active asset allocation strategies and whole portfolio solutions using Blackrock and third-party managers across public and private markets. The team manages approximately $30 billion in client assets as of 30 September 2021 for Pension clients across the Americas.

Our investment decisions harness the collective insights of our 2,000+ investors on the ground in virtually every established investable market. In addition, our team incorporates sustainability as an integral part of how we invest, integrating ESG within our capital market assumptions and throughout our investment process.

Role Description, Responsibilities & Qualifications:

The team is looking for a motivated individual that will play a key role in our investment mandates by owning and supporting many of the client servicing elements involved in new and existing business. This person will also be encouraged to contribute to portfolio management, research and analysis, and find ways to improve efficiency and timeliness of deliverables. This is a great opportunity for a resourceful problem-solver to be part of a dynamic team and get exposure to multi-asset investing by working closely with Client CIOs, institutional account managers, and end clients.

Responsibilities:

• Support inquiries for current and prospective clients, including the ability to develop/modify financial models to provide responses derived from analytical insights
• Contribute to business growth playing a prominent role in the RFP and new business development process
• Own internal processes (e.g. updating performance track records, on-going market commentary, supervising client reporting) and finding ways to improve efficiency and timeliness of output
• Engage with internal teams throughout BlackRock to create and implement scaled Aladdin-based technology solutions to address investment and reporting challenges
• Contribute to new product design, as well as the enhancement of existing product offerings and servicing
• Participate in the broader MASS investment research ecosystem
• Build and maintain an in-depth knowledge of the full suite of solutions offered by BlackRock and third-party managers across public and private markets
• Develop and maintain knowledge of the broader themes, trends, and competitive landscape within the US institutional client universe
• Develop and maintain strong partnership with the Institutional Client Business Group and the Global Consultant Relations teams who are primarily responsible for managing and developing BlackRock's client and consulting relationships

Qualifications:

• Degree or higher-level qualification and demonstrated record of academic achievement
• 3+ years of asset management experience, preferably across multiple asset classes and investment fields
• Desire to help build a business and willingness to be involved in all aspects of business growth initiatives
• Familiarity with a wide array of institutional investment products and strategies, including fixed income and liability-driven investing
• Experience preparing responses to RFIs and RFPs ideal
• Excellent communication skills in writing and speech; capable of connecting with multiple audiences and adapting style of communication in real time
• Excellent teammate with a high level of self-motivation, ownership and initiative
• Strong problem-solving and analytical skills; strong organizational and project management skills
• Not afraid to immerse oneself deeply into a financial model or analysis
• Strong expertise in Excel and coding languages (Python, VBA, etc.)
• Achievement of CFA, CPA, FRM, CAIA or equivalent qualifications preferred
• Actuarial experience is additive though not required for our Pensions team

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, disability, veteran status, and other statuses protected by law. Details of benefits package including health, pension, and flexible working environment are available upon request.

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.