Associate

About this role

Company: BlackRock Financial Management, Inc.

Job Title: Associate

Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Works with the Global Core PM team to manage portfolios comprised of physical and synthetic fixed income, equity, FX, funds, private markets, and commodity exposures. Ensures all mandates conform to performance expectations, investment guidelines, risk parameters, and regulatory requirements. Applies technology and analytical tools to improve processes and build scale. Works with analytics, risk, data, and other platform teams to drive operational improvements and contribute to overall systems and investment and trading process design. Participates in research related to portfolio construction, asset allocation, security, and other investment topics. Performs tasks including implementing multiple investment strategies, handling client flows, rebalancing, and risk and performance decomposition. Utilizes experience in portfolio management in areas such as risk management, analytics, and trading. Utilizes knowledge in markets, instruments, portfolio construction, exposure and risk measures, or attribution. Manages and rebalances portfolios and hedging. Utilizes quantitative investment research and optimization techniques. Demonstrates knowledge of markets and instruments such as ETFs and other fund vehicles, derivatives, FX, rates, equities, or credit markets (e.g. options, IRS, CDS, etc.).

Qualifications: Bachelor's degree in Finance, Economics, International Business, or related field and three (3) years of experience as a Financial Analyst, Associate, or related role. Employer will also accept a Master's degree in Finance, Economics, International Business, or related field and one (1) year of experience as a Financial Analyst, Associate, or related role. Three (3) years of experience with: Portfolio management in areas such as risk management, analytics, and trading; Risk and attribution measurement and ability to apply these to portfolio management; Rebalancing portfolios and managing client flows; Markets and instruments such as ETFs and other fund vehicles, derivatives, FX, rates, equities, and credit markets; and Applying technology and analytical tools to improve processes and build scale. One (1) year of experience with: Portfolio construction and asset allocation; Utilizing quantitative investment research and optimization techniques; and At least one coding language.

To apply, please click the "Apply" button on this webpage.

For New York City only: The salary range for this position is $135,200 - $147,500. 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 hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

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 @blackrock (~~~/) | Twitter: @blackrock (~~~) | LinkedIn: ~~~/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.