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Performance Attribution Associate

AT BlackRock
BlackRock

Performance Attribution Associate

Edinburgh, United Kingdom

About this role

BlackRock helps investors build better financial futures. As a fiduciary to our clients, we provide the investment and technology solutions they need when planning for their goals. As of June 30, 2024, the firm managed approximately $10.6 trillion in assets on behalf of investors worldwide.

Business Unit Overview:

The Performance Measurement and Attribution (PMA) team, part of the Global Accounting and Product Services group, has a reputation for aligning our performance attribution solutions with the evolving needs of our clients. Our core objectives are consistently driven by these tenets:

Quality attribution is a critical component to the feedback loop, and something our clients expect.

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We focus on being students of technology and drive the deployment and development of the next generation of attribution and performance tools.

At a large firm like Blackrock, we value forming partnerships with diverse groups of teams to deliver performance measurement, evaluation, and attribution analysis for investment information and governance globally.

Background and Development Value:

Interested in challenging the businesses to reach higher standards, passionate about performance and providing solutions with purpose to help our clients meet their goals?

As a member of PMA, take part in the story and take ownership as a subject matter authority! We are responsible for investment performance analysis globally across all investment strategies. We work with multiple business divisions, including iShares, active and beta strategies that include both equity and fixed income products. The team focuses on using technology and project management to improve existing processes to optimize data delivery.

Key Responsibilities:

  • You will contribute to performance calculations across Benchmark, Regulatory and Unitised products, touching asset classes including Equity, Fixed Income, Commodities, Cash, Derivatives, Targets and Multi-asset.


  • You will be a source of performance and system knowledge, providing guidance and expertise to stakeholders across the business in relation to benchmark construction, performance holidays and calculation methodology.
  • • You will gain a full understanding of internal analytical systems (Aladdin), and use them to investigate internal and external client inquires related to content and functionality of BlackRock's performance attribution reporting applications.
  • • Partner on automation and development of existing functions.
  • • You will support PMA team members in cross functional learning processes and development.

Knowledge / Experience:

  • • You have a performance, attribution or index background with a minimum of 2 years' industry experience.
  • • You want to learn about multi-asset, fixed income and equity instruments, and their associated performance attribution models.
  • • You display a knowledge of performance principles; experience with external performance tools a plus.
  • • You are passionate about learning new technologies.
  • • You show a positive, proactive get the job done attitude and are flexible to an ever-changing environment.

Skills / Qualifications:

  • Graduated with a bachelor's degree or foreign equivalent.
  • You show strong problem-solving ability, and the ability to synthesise information, summarise issues, and take initiative.
  • Open to learning - BlackRock provides a wealth of information and this role is ideal for someone who is hungry to learn as much as possible.
  • Exposure to data science tools (Python, Tableau, Power BI) and programming languages (SQL, Perl, Java) advantageous

Competencies:

  • We pride ourselves on our team dynamic - we want an excellent communicator, both verbal and written, who displays strong interpersonal interactions, especially due to the location of the role.
  • Sharp control/risk mitigation mentality.
  • You should feel comfortable interacting independently on projects and owning internal relationships.
  • Able to work in a dynamic team environment with diverse approaches and thinking styles.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

Client-provided location(s): Edinburgh, UK
Job ID: blackrock-R246574
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Life Insurance
    • Mental Health Benefits
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • Fitness Subsidies
  • Parental Benefits

    • Family Support Resources
    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
  • Work Flexibility

    • Hybrid Work Opportunities
    • Flexible Work Hours
  • Office Life and Perks

    • Casual Dress
    • Commuter Benefits Program
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Unlimited Paid Time Off
    • Volunteer Time Off
    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
    • 401(K)
    • Company Equity
    • Performance Bonus
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Lunch and Learns
  • Diversity and Inclusion

    • Founder led
    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program

Company Videos

Hear directly from employees about what it is like to work at BlackRock.