Associate, Core Portfolio Management - Multi-Asset Strategies & Solutions

at  BlackRock Inc

KEY REQUIREMENTS:

• Minimum of 3 years’ experience in the financial services or related industry and passion for financial markets.
• Tertiary qualification in a field such as Finance, Economics, Econometrics, Science, Engineering, Computer Science, or Mathematics.
• Meticulous attention to detail with an ability to remain passionate about different portfolio types and activities.
• Strong analytical and quantitative skills, preferably developed within a mathematics, econometrics, or statistics environment.
• A good grasp of portfolio management theory, asset, and market pricing models; an understanding of both macro- and micro-economic concepts would be beneficial.
• Ability to rapidly acquire a comprehensive knowledge of BlackRock’s investment capabilities and solutions, spanning multiple asset classes and product lines on a global scale.
• Capacity to work effectively in a demanding environment, often meeting specific deadlines with a degree of independence.
• Technical and coding proficiency, particularly in Python. Experience with market data tools like Bloomberg and a strong command of MS Office applications.
• A flexible, adaptable, and proactive approach, with a track record of working both autonomously and as part of a collaborative team.
• Knowledge or experience with a variety of instruments and markets, including ETFs, other fund vehicles, derivatives (such as options), FX, rates, equities, and credit markets.

ABOUT THIS ROLE

BlackRock’s Multi-Asset Strategies & Solutions (MASS) team 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 350+ multi-asset investment professionals construct 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 $900B in assets and has a strong presence in San Francisco, New York, London and throughout Asia Pacific.
BlackRock is seeking a portfolio manager to join the MASS Core Portfolio Management team as an Associate in Sydney, where they will join a team operating across the Australia and New Zealand region and be responsible for a wide array of portfolio management activities. The portfolio manager will assist in managing a diverse range of multi-asset pooled funds, client mandates and model portfolios. Responsibilities include portfolio construction and implementation; contributing to investment research and commercial efforts; and driving technology and process improvements across the PM platform to deliver investment performance, consistency, and scale. Our Portfolio Managers are encouraged to contribute to and influence investment decision making, and exercise critical judgement across asset and sector allocation, instrument selection, implementation methods, and trading decisions.

KEY RESPONSIBILITIES:

• Act as a trustworthy fiduciary, ensuring the safe and error-free management of our clients’ funds.
• Safe and efficient management of client portfolios, comprising physical and synthetic equities, fixed income, FX and other derivatives, ETFs, funds, private markets, and commodity exposures.
• Perform portfolio management tasks including handling cash flow allocations, portfolio rebalancing, and monitoring of positions, performance, and risk.
• Develop and improve our processes for portfolio and risk management in a scalable and risk-controlled manner.
• Leverage technology, automation, and analytical tools to refine processes and increase efficiency.
• Work on projects to develop and onboard new portfolios for our clients and improve opportunities to do collaborative work with our colleagues across APAC and globally.
• Engage in research on multi-asset portfolios and other investment-related topics, and actively participate in investment meetings to exchange views with peers.
• Evaluate performance attribution and communicate market/portfolio performance.
• Collaborate with operations, risk, data, and other platform teams to drive operational improvements and take part in the enhancement of overall systems, investment, and trading processes.