Associate Portfolio Manager – Values-Aligned Implementation

About this role

Team Overview

BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations.

About this Role

BlackRock’s SMA Solutions business is seeking an Associate Portfolio Manager – Values-Aligned Implementation (APM-VAI) to join our Portfolio Management team.

The APM-VAI will be responsible for values-aligned portfolio construction and rebalancing as well as investment strategy analysis. Our portfolio managers work with portfolio risk and optimization technologies. Ideal candidates must have excellent problem-solving capabilities, a high degree of attention to detail, and strong organizational skills. The position requires solid verbal and written communication aptitude and the ability to work directly with clients on complicated tax- and risk-modeling problems. The APM-VAI must be able to manage and prioritize multiple tasks in a time-sensitive environment, be able to take initiative, and be comfortable taking on responsibility.

Key Responsibilities

•                    Use quantitative risk models and optimization programs to analyze and manage values-aligned direct indexing equity portfolios

•                    Conduct quantitative analysis to support values-aligned investment strategy development

•                    Collaborate with values-aligned team to analyze and implement customized values-aligned solutions

•                    Support recurring ESG data updates and general strategy management tasks

•                    Work directly with clients to implement values-aligned strategies in their portfolio, including consideration of portfolio tax and risk implications.

•                    Develop robust understanding of internal values-aligned data infrastructure, tools, and workflows

•                    Collaborate with cross-functional teams to enhance processes and drive team initiatives

•                    Develop expertise in SMA Direct Indexing values-aligned offerings and support core Portfolio Management team on values-aligned inquiries

Qualifications

•                    Bachelor’s degree in Finance, Economics, or a related field

•                    3+ years of relevant work experience

•                    Strong interest in values-aligned investing; experience working with ESG data is a plus

•                    Excellent analytical, technical, and quantitative skills

•                    Strong Excel skills; experience working with large data sets is preferred

•                    Acute attention to detail and proofing

•                    Proficiency in Python, SQL, VBA, Power BI is a plus

•                    Strong verbal and written communication skills

•                    Ability to work collaboratively in a fast-paced environment

•                    Proven ability to manage multiple tasks and projects

•                    Strong organizational and time management skills

•                    Familiarity with multi-factor risk models

•                    Knowledge of securities markets, products, behavior

USD$116,000.00 - USD$155,000.00 . 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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

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.