About this role
Team Overview
BlackRock is one of the world's leading providers of investment, advisory, and risk management solutions. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
BlackRock's Global Cash Management is a dynamic area of growth. We are one of the largest managers of cash in the world with $789 billion in assets under management (as of 31 July 2024). We have been an innovator and leader in the cash markets for over 30 years by combining investment management, distribution, and technology to build a safe, effective and efficient cash management experience for our clients.
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About this Role
BlackRock is looking to hire a Junior Portfolio Manager to join its Global Cash Management team in the Philadelphia, Pennsylvania office. The Junior Portfolio Manager will have a unique opportunity to work closely with senior portfolio managers, research analysts, and operations professionals in addition to working closely with broker-dealers and counterparties in trading and managing a book of repo, deposits and other short-term funding instruments. A successful candidate will be self-motivated and naturally curious with exceptional problem-solving capabilities. In addition to a foundational knowledge of banking and capital markets, expert knowledge of Python and SQL is a plus as is proficiency or experience with Tableau and Bloomberg.
Key Responsibilities:
- Monitor and manage the liquidity needs of portfolios
- Analyze market conditions and provide daily insight to senior investors
- Support the operational workflows of the senior portfolio management team
- Help manage multi-billion USD liquidity trading book
- Participate in projects to improve the automation and efficiency of the portfolio management and trading processes
- Assist in preparing reports and delivering market updates
- Interact with different business areas including technology, legal, risk, and operations
- Maintain an understanding of the regulatory environment that govern our operations.
Qualifications:
- BA/BS required with preference for Mathematics, Engineering, Finance/Econ, or Computer Science majors.
- Experience or internships in financial markets or related areas a plus.
- Strong attention to detail, accuracy, and the ability to synthesize large amounts of data
- Excellent written and verbal communication skills
- Outstanding problem-solving and interpersonal skills
- Strong organizational and multitasking skills
- Ability to work independently and in a small group environment
- A high degree of integrity with the ability to handle confidential matters
- Capacity to work in a fast-paced environment
- Collaborative attitude is a must
- Experience with Python, SQL, Tableau, Bloomberg, VBA
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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: 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.