Capital Markets, Associate

Description

About this role

Business Unit Overview:

BlackRock Capital Markets (BCM) is a single center of excellence across public and private market sourcing for the firm and co-investment and financing for our alternatives business. It is a holistic, comprehensive investment platform that provides solutions across the capital stack. BCM helps to deploy public and private capital in active portfolios within BlackRock Alternative Investors (BAI) and Portfolio Management Group (PMG).

BAI offers access to a spectrum of alternative investments including hedge funds, private equity, private credit, real estate and infrastructure.

PMG is a single organization with seven portfolio management businesses: Fundamental Fixed Income, Municipals and FIG Fixed Income, Index Fixed Income and LDI, Fundamental Equities, Systematic Investments, Multi-Asset Strategies and Solutions and Global Lending, Liquidity and Private Investors.

Role Overview:

BlackRock is seeking an Associate for its Americas Emerging Markets Team which is a part of the Americas High Grade business, within BlackRock Capital Markets, based in New York. The candidate will be an instrumental member of the team that is responsible for BlackRock's primary market presence in the Latin America ("Latam") corporate bond and sovereign market, with additional responsibility for managing SSA and responsibility for backing up the US Investment Grade business. This role will be visible and have regular contact with portfolio managers, credit analysts, traders, illiquid sourcing teams, and sell-side syndicate and investment banking counterparts. The key mandate of the group is to identify and source Emerging Market credit new issue investment opportunities, with a complementary focus on driving alpha through reverse inquiry, anchor order, and customized financing transactions.

Responsibilities:

• Instrumental member of the team that is responsible for BlackRock's primary market presence, specializing in the Emerging Markets corporate bond market, with additional responsibility for managing SSA and responsibility for backing up the team in the US Investment Grade markets
• Partner with BlackRock's credit portfolio managers and other investment professionals to identify and source Latam credit and sovereign new issue investment opportunities. Drive investment activity with a focus on reverse inquiry, anchor order and customized financing transactions
• Perform/leverage fundamental and technical company analysis to drive investment idea generation
• Partner with Emerging Market and Investment Grade investment teams by contributing insights regarding primary market and corporate finance trends, and assist teams in evaluating unique investment opportunities with a strong focus on alpha generation
• Learn and manage a variety of compliance and business reporting systems, processes and procedures
• Oversee Weekly / Quarterly / Annual reporting metrics
• Focus on analyzing proprietary data in order to develop signals, models and predictors for investment purposes. Robust understanding of market trends, including technology evolution and market structure

Qualifications:

• Strong understanding of corporate finance, credit fundamentals and bond trading/relative value dynamics
• 2-4 years of experience in fixed income / Emerging Market / Investment Grade credit markets, sales and trading; preferably in a capital markets, trading, or syndicate role is preferable
• Well-developed relationship management and partnering abilities, strong communication and presentation skills and strong teamwork and leadership capabilities
• Data science competency with a strong interest to develop skillset further with in-house tools and training, encouraged

For New York City only: The salary range for this position is $118,750 - $140,000. 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.