About this role
Introduction to Multi Asset Strategies & Solutions Group
The 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 the firm's index, factor, and alpha-seeking investment capabilities to deliver investment outcomes and ground-breaking alpha insights. MASS constructs 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.
Role Description & Responsibilities
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MASS is looking for a motivated individual to join our growing EMEA Solutions team based in Budapest. The Solutions team designs, implements, and leads on all aspects of portfolio construction and asset allocation to solve our clients' investment challenges. The team covers designing wholistic portfolio solutions for large asset owners and financial institutions, including tailored investment mandates oriented around client outcomes.
Responsibilities
- Support the design, implementation, and ongoing management of portfolio solutions for existing and prospective clients to understand and meet their unique objectives and constraints. Keep up to date with client trends, industry news, events, research, and regulations and ensure these are reflected in solution design.
- Perform analyses, give opinions, and generate new ideas to support investment decision making across all stages of the investment process. Includes strategic asset allocation, tactical asset allocation, management style selection/blending/sizing, manager selection, risk budgeting, implementation, performance measurement/attribution, and risk management.
- Investigate and adapt to most recent technology, innovate on tools and analytics to drive scale and consistency across portfolio construction processes.
- Collaborate with a range of internal partner teams to deliver the best possible client investment outcomes, including portfolio construction researchers, implementation specialists, manager researchers, risk managers, and asset class specialist investment teams.
- Drive the continuous evolution of the investment process by constantly seeking performance improvements, challenging the status quo, and proactively bringing new investment ideas.
- Actively participate in cross-team research initiatives to generate and explore new investment ideas. Collaborate with multiple team members across multiple priorities to see ideas through to completion and implementation in client portfolios.
- Support our commercial growth targets by supplying investment content to RFP responses, pitch materials, marketing materials and other external client communications.
Skills & Qualifications
- Minimum of 3 years' proven experience within financial services or asset management, preferably across multiple asset classes and investment subject areas
- Solid understanding of financial markets, investments (i.e. Fixed Income, Equities, Alternatives) and key financial concepts (such as asset allocation, risk analytics, performance, attribution etc.)
- A genuine inclination for quantitative analysis and the ability to work through sophisticated problems and challenges to provide innovative insights. Coding skills and/or knowledge of Aladdin, Morningstar, Bloomberg, Tableau, VBA, SQL, and/or Python is a strong plus.
- CFA and/or CAIA encouraged but not required.
- Consistent track record of academic achievement, work ethic, and leadership.
- Fluent in English with excellent communication skills, able to communicate effectively with a range of internal and external partners, and able to explain complex topics to non-investment individuals, both verbally and in writing.
- Curious self-starter passionate about execution with results-oriented work ethic and professional disposition.
- Strong teammate who takes a collaborative and cooperative approach to tasks, experienced working with multiple partners to deliver on projects on time and to a high standard, but can work independently.
- Organized and thorough, able to prioritise and multi-task quickly efficiently, adapting to new situations in a fast-paced environment.
- Being a strong fiduciary by ensuring the highest level of integrity and professionalism in every aspect of performance.
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.