Index Equity Portfolio Manager recruitment
BlackRock is 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 maximizing 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.
BlackRock's investment teams are staffed with professionals who have significant experience within their respective markets. Our portfolio teams manage assets for institutional and individual investors alike. Accordingly, all of our clients benefit from our portfolio management expertise and risk management analytics. There are a number of opportunities to join portfolio management from within BlackRock as it selects many of its members from various groups in the company. All of our portfolio managers leverage the expertise of other investment teams through the strength of a shared research, trading and risk management platform. For example, Galileo™, part of our proprietary risk management system, provides company research and analysis through online access and formally integrates this information into our fixed income and equity portfolio management process.
BlackRock's Index Equity team manages more than $1.2 trillion in global passive equity assets across US Equities, Developed Markets, Emerging Markets, Commodities REITs. The group offers passive equity investors one of the industry's broadest array of investment choices. Our clients include corporate pension plans, public pension plans, central banks, sovereign wealth funds and other institutional investors.
Our investment professionals benefit from the resources of a world-class firm that continually invests in its business and is differentiated by a team approach and integrated research and risk management. BlackRock is seeking a Portfolio Manager for US Indexing Group, who will own the day-to-day management of equity index portfolios.
Responsibilities
- Manage all aspects of portfolios including index changes, corporate actions, and client activity; ensure that portfolios track within performance expectations
- Apply quantitative techniques and models, coupled with specific market knowledge, to portfolio construction and risk budgeting.
- Use various investment vehicles (including derivatives) and trading strategies to meet a desired investment objective.
- Attribute fund performance and refine ways to minimize underperformance and maximize outperformance relative to the benchmark.
- Proactively contribute to overall product profitability through revenue opportunities and systems and investment process enhancements.
- Provide analytical and qualitative support in alpha research, new product development, and client needs.
- Support management and client-facing groups in research and ad-hoc requests.
Skills
- Bachelor's degree in finance, economics, or related field. Graduate degree or CFA desirable
- Solid working knowledge of capital markets and portfolio management theory.
- Working knowledge of index methodologies and portfolio construction desirable.
- Strong analytical and quantitative skills.
- Expertise in Excel
- Ability to multitask and prioritize assignments while producing high quality work in a demanding, fast-paced environment.
- Excellent verbal and written communication, teamwork, and relationship-building skills.
blackRock is proud to be an Equal Opportunity/Affirmative Action Employer--M/F/D/V.