Index Fixed Income - Portfolio Management, Associate

About the Role

BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s Index Investments, Cash Management, Global Trading, ETF Markets, Securities Lending, and Financing & Financial Resource Management businesses. Together, we provide clients with superior market access and index investment outcomes through:

• World-class talent, operating at the intersection of investment insight, markets expertise, risk management, and process design
• Technology at the heart of our processes, with in-business tech teams that create cutting-edge IP, providing an advantage in quality, scale, and risk control
• A focus on transforming markets, driving and advocating for more accessible, resilient, and transparent markets to deliver more choice and lower costs for investors

This role is designed for candidates who want to be at the forefront of the evolution of portfolio management—where investment judgment is increasingly augmented by data, automation, and AI-driven workflows. BlackRock’s Fixed Income platform is evolving toward a more technology-driven, AI-native portfolio management model. We are seeking an Associate-level Multi-Sector Portfolio Manager who combines strong investment fundamentals with the ability to apply data, automation, and emerging AI capabilities to real portfolio management workflows. This is a highly differentiated opportunity to work at the intersection of public markets investing and next-generation portfolio management systems, with exposure to how investment processes are being scaled and transformed across the firm.

Responsibilities

Portfolio Management

• Support the management of multi-sector fixed income portfolios across institutional and ETF mandates
• Assist with portfolio construction, positioning, and trade implementation
• Monitor portfolio performance, risk exposures, and attribution

AI & Workflow-Enabled Investing

• Apply AI tools and data-driven workflows to enhance portfolio monitoring, risk identification, reporting, and analytics
• Partner with senior PMs and technology teams to improve how investment decisions are generated and executed
• Contribute to initiatives focused on automation and scaling of investment processes

Process & Platform Improvement

• Identify inefficiencies and contribute to improving portfolio management workflows
• Support integration of new tools and analytics into platforms such as Aladdin
• Help scale best practices across portfolios and teams

Requirements

• 2–5 years of experience in asset management, trading, or investment analytics
• Strong understanding of fixed income markets (multi-sector preferred)
• Analytical mindset with strong problem-solving skills
• High attention to detail and ability to manage multiple workstreams
• Demonstrated ability to apply data and/or AI concepts to real-world workflows
• Experience with Python, SQL, or data tools and dashboards or analytical reporting
• Strong interest in how AI and automation are changing investment processes
• BA/BS required
• Progress toward CFA (or CFA charterholder) preferred

Pay

For San Francisco, CA: The salary range for this position is USD $116,000.00 - 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.

For Atlanta, GA: The salary range for this position is USD $105,000.00 - USD $140,000.00. 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.

Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO) to relax, recharge, and be there for the people you care about

Schedule

BlackRock’s hybrid work model requires employees 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. New joiners can expect this hybrid model to accelerate their learning and onboarding experience.