Portfolio Manager, Core - Associate

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. BlackRock’s mission is to create a better financial future for clients by representing each investor fairly and equally. The firm offers a range of solutions—from rigorous fundamental and quantitative active management to highly efficient indexing strategies—accessible through individual and institutional separate accounts, mutual funds, pooled investment vehicles, and iShares® ETFs.

About the Role

Fundamental Equities (FE) sits within BlackRock’s Portfolio Management Group (PMG), providing a global investment platform offering actively managed, high-conviction equity strategies. FE’s hybrid research model combines independent team strength with platform-wide collaboration, underpinned by company-level engagement and rigorous research to deliver high-conviction portfolios aimed at generating alpha for clients.

This Associate Core Portfolio Manager role supports the US team within BlackRock’s Fundamental Equity business, based in New York. The position focuses on investment workflows and control aspects of the investment process, requiring an energetic, high-performing candidate who thrives in a demanding environment and adeptly handles both daily market-sensitive tasks and broader project goals.

Responsibilities

• Develop a deep understanding of various team investment processes, vehicles, and markets.
• Implement equity, derivative, and FX orders across active strategies, partnering with global trading desks to target efficient execution.
• Proactively monitor funds to ensure effective investment strategy implementation and optimize team governance and controls.
• Leverage strong financial market, Aladdin applications/APIs, and technical skills to evolve processes and implement robust, efficient solutions.
• Interact daily with key BlackRock stakeholders, including portfolio managers, product strategists, global trading, client businesses, and operational support teams.

Skills

• Ability to communicate well and work both independently and collaboratively as part of a global team across multiple time zones.
• Excellent organizational and problem-solving skills; ability to manage and prioritize a wide variety of concurrent and competing projects.
• Presence, maturity, and credibility to effectively represent the view of portfolio managers with wider stakeholders.
• Solutions-oriented mindset with a high level of self-motivation, ownership, and initiative.

Qualifications

• 2-4 years’ experience in a finance or technology role; a degree in business, finance, computing, or financial engineering is a strong advantage.
• Passion for and strong knowledge of global equity markets.
• Proficient in Python (data analysis, automation, API integration), including experience with version control systems like ADO/GitHub.
• Knowledge of data structures and databases, including SQL, with the ability to design and manage efficient data pipelines.
• Familiarity with data visualization and reporting tools (e.g., Power BI) to translate complex datasets.
• Interest in applying emerging technologies, including AI tools/agents, to enhance productivity, insight generation, and scalability.

Pay

For New York, NY, the salary range for this position is USD $116,000.00 - USD $155,000.00. Employees are also eligible for an annual discretionary bonus and benefits, including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy, and total compensation may vary based on role, location, 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 loved ones.

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 based on their roles and responsibilities. New joiners can expect this hybrid model to accelerate learning and onboarding.