Aladdin Portfolio Services Group (APSG) GreenPackage Production Analyst recruitment
Founded in 1988, BlackRock has grown from a boutique investment management firm to one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximising outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
As of December 31, 2009, BlackRock’s assets under management total US$3.35 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. Through BlackRock Solutions® — the natural evolution of our long-standing investment in developing sophisticated and highly integrated systems — we offer risk management, strategic advisory and enterprise investment system services to a broad base of clients with portfolios totaling approximately US$9 trillion.
Attracting, motivating and retaining top talent has always been a priority for the firm. BlackRock emphasises entry-level hiring and is committed to building our firm from within. Given our flat organisational structure, analysts have the opportunity to work closely with seasoned professionals and benefit from their insight and experience.
Job Description and Responsibilities:
The Aladdin Portfolio Services Group (APSG) is a centralised data group dedicated to ensuring that all information required for the investment management process including positions, security data, pricing, risk, cash, net asset value (NAV), performance and compliance are delivered through the BlackRock Green Package consistently, accurately and on a timely basis.
Candidates for this role will be part of our Green Package Services team (GPS) whose responsibilities include understanding risk analytics on our fixed income, equity and alternatives products to help our clients and portfolio managers understand their portfolio exposures, strategy, risk and returns. GPS provides the daily risk reporting and ad-hoc analytical support to over $9 trillion worth of assets under risk management across thousands of portfolios. Analysts will gain a broad understanding of the asset and risk management business, which includes learning about the wide range of securities our clients trade, how they are priced in the market, how we analyse them within BlackRock Solutions and what sensitivities they have to various market factors.
It will be a responsibility of the candidate to release the GreenPackage risk and exposure reports to our clients according to pre-defined Service Level Agreements (SLAs). In most cases the SLAs are early morning deadlines and as such the role commands workings hours that are skewed to accommodate this.
The Skills and Qualifications required of an Analyst in APSG include:
- Candidate should have a strong interest in Fixed Income, Equities and Derivatives and be keen to gain a working knowledge of these instruments as part of the role if not already familiar with them
- Candidate should be IT literate and comfortable dealing with data and associated IT processes in the context of a financial infrastructure
- Must be detail orientated, possess initiative and work well under pressure.
- Team Player - contributing as part of a team is key to meeting our deadlines and client expectations in an entrepreneurial and team oriented environment
- Excellent communication skills – written and verbal skills are key in this fast paced environment and are essential when communicating to teams based in various time zones around the world. Clear, concise and articulate communication is required for dealing with both internal and external clients
- Creative ideas and input are expected and sought from everyone involved
- Understand client objectives, trading strategies and market events to effectively respond to client requests
- Tracking the clients’ daily trading activity and understanding the rationale behind their strategies
- Following global markets on a daily basis to understand how macro-economic factors affect the portfolios risks and investment decisions
- Candidate must be able to work multiple shifts at different times throughout the year. The role typically starts at 06:30 GMT from Monday to Friday and finishes 3 and 4PM, but may be later due to the demands of the role. There is the option of Sunday work in lieu of a later Monday start at 08:30
- Enjoys a fast-paced, high-intensity environment
- Although not necessary, technical skills (SQL, PERL UNIX) are strongly preferred.