Associate, FIG Portfolio Manager

Description

About this role

What team will you be on?

BlackRock's Fixed Income team manages more than $1 trillion in global fixed income assets across index, active long-only, alternative, and liability driven strategies. The platform offers fixed income investors one of the industry's broadest array of investment choices across model-based and fundamental investment styles.

Why is your role important?

BlackRock is seeking a candidate to join the fast-growing world-class Financial Institutions Group as a Junior Credit Portfolio Manager in NY. In this role you will design custom portfolio solutions for clients using asset allocation, portfolio construction, risk management and other related investment skills with an emphasis on corporate credit. You will collaborate with Credit Research, Trading and Capital Markets teams to ensure that Active views are applied to the portfolios promptly, accurately and in line with portfolio guidelines and risk budgets.

What will you be doing?

• Rebalance portfolios for flows, benchmark changes and client directed events
• Develop strong business relationships with Lead PMs, Product Strategists, and members from Compliance, Operations and Client facing teams to ensure smooth portfolio onboarding process, new account activation and to improve day to day investment operations
• Ensure that portfolios are in compliance with their investment guidelines and quickly raise and resolve potential issues
• Monitor Corporate Actions Manager dashboard and process corporate action elections for team in timely manner
• Contribute to corporate credit alpha, yield and idea generation through security selection and substitution trade idea recommendations
• Develop analytics, reports, tools and framework to assist in better security risk monitoring and performance attribution that can be shared with broader investment team

What are we looking for?

• BA/BS required. Progress toward CFA a plus
• Fixed income and general finance knowledge, including an understanding of bond math and risk
• 2+ years of experience in portfolio management or related role such as research, risk management, compliance and operations, or trading, preferably related to fixed income portfolios
• Experience of running multi-sector portfolios
• Strong process driven background including introduction of controls & procedures
• Ability to learn fixed income markets, including complexities of different issue types, liquidity, and trading
• Technical skills including advanced Excel, Aladdin. SQL and programming (VBA/MATLAB/Python) experience a strong plus
• Demonstrated planning and time-management skills and a proven track record to work efficiently under pressure
• Strong communications and interpersonal skills
• Possess excellent judgement, integrity, and discretion
• Flexible, adaptable, and self-starting personality
• Able to work in complicated situations in a mature manner
• Demonstrated experience working both independently and as part of a team in a highly collaborative, global environment

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.