Associate

About the role

Location: 50 Hudson Yards, New York, NY 10001

Duties

Construct 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. Independently and in teams, evaluate and provide thoughtful recommendations on equity or fixed income strategies and asset classes across the globe.

• Make well researched recommendations on asset class opportunities and identify investment managers best able to complete these.
• Work closely with BlackRock multi-manager investments teams and tailor investment solutions to our global clients.
• Actively own recommended investment strategies and ongoing monitoring.
• Participate in the design and ongoing management of portfolios with well-researched proposals for strategic investments.

• Document research findings from initial due diligence and ongoing monitoring with well-prepared reports summarizing manager performance and portfolio positioning.
• Stay up to date with products and trends in the investment management industry.
• Represent BlackRock and Manager Research in client meetings and to the investment industry.

Qualifications

Bachelor's degree or foreign equivalent in Statistics, Business, or related field and 36 months of experience in job offered, or closely related role.

Must have three (3) years of experience with: * Equity and Fixed Income; * Sourcing investment ideas, conducting statistical analysis using eVestment, Morningstar, and Bloomberg; * Risk Modeling and Financial Modeling; * Calculating and analyzing risk with regard to asset classes and portfolios; * Creating Risk Reports; * Portfolio construction; * Equity, fixed income, liquid alternatives, and hedge funds; * Asset management; * Sourcing and conducting Investment due diligence on managers; * Python and SQL; and * Writing and presenting technical investment memos for internal and external stakeholders.

To apply, please click "Apply" on this webpage.

Pay and benefits

For New York, NY Only the salary range for this position is USD$136,000.00 - USD$155,000.00. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.