About this role
Director, Portfolio Manager - Systematic Fixed Income
About this role
The Systematic Fixed Income Portfolio Management team is responsible for managing Blackrock's Systematic (BSYS) Fixed Income portfolios. The team is responsible for ensuring that the portfolios meet their investment objectives and are managed in a consistent and risk-controlled manner.
We are now seeking a portfolio manager to join the Long Only Multi Sector team as a Vice President / Director in San Francisco and be responsible for a wide array of portfolio management activities across a diverse range of multi sector funds spanning institutional pooled funds, mutual funds, separate accounts and hedge funds. The successful candidate will work with Lead PM to ensure that active, systematic model views are applied to the portfolios accurately, efficiently and in line with portfolio guidelines and risk budgets. A successful candidate will also have strong technology skills, allowing him/her to contribute to the development of reports, tools, analytics and frameworks to attribute performance, monitor risks and design custom portfolio solutions using systematic insights, portfolio construction and risk management.
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Key responsibilities
- Daily portfolio management tasks including handling cash flow allocations, portfolio rebalancing, and monitoring of positions, performance, compliance and risk.
- Maintain processes for portfolio and risk management in a scalable and risk-controlled manner.
- Apply technology, automation, and analytical tools to improve processes and build scale.
- Participate in research related to multi-sector portfolios and participate in investment meetings to share model updates, risk, positioning and investment views with peers.
- Evaluate performance attribution and communicate market/portfolio performance.
- Work with operations, risk, data, and other platform teams to drive operational improvements and participate in overall systems, investment, and trading process improvements.
- Mentoring junior members of staff
Experience and knowledge required
- Preferably 8+ years proven experience in the financial services or related industry.
- Demonstrate knowledge and passion for financial markets.
- Demonstrate keen awareness of operational risk issues as well as adapt quickly and perform under tight time constraints.
- Knowledge of Aladdin tools like Portfolio Construction, Portfolio Monitor, Dashboard and Explore beneficial
- Capacity to work in a challenging environment, often to time specific deadlines with relative autonomy.
Skills and Competencies
- Strong programming skills required, especially in Python.
- Successful experience working both independently and as part of a team in a fast-paced, entrepreneurial environment.
- Strong interpersonal skills are a must as will have to deal with several internal teams such as Strategy, Trading, Operations, Risk and Quantitative Analysis etc.
- Demonstrated planning and organization skills and ability to work efficiently under pressure.
- Strong analytical, organizational, and problem-solving skills with a diligent attention to detail.
For California only the salary range for this position is $205,000 - $260,000. 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 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.
We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person's appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.