Vice President, Multi-Asset Portfolio Manager

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. The Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of BlackRock’s index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative alpha insights across commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels. Currently, MASS handles over $1 trillion in assets globally.

About the role

The MASS portfolio management team is seeking a highly motivated individual with a strong financial and technical background to enhance our investment process and platform for Model Portfolios. This role offers significant opportunities to impact the success of both the team and the broader MASS business. The ideal candidate will possess outstanding attention to detail, excellent interpersonal skills, and a passion for critically analyzing financial markets across and within asset classes.

Responsibilities

• Manage multi-asset model portfolios comprised of ETFs, mutual funds, and/or global single-name physical equity portfolios.
• Perform daily fund management tasks, including implementing multiple investment strategies, rebalancing, and attribution.
• Ensure all mandates conform to performance expectations, investment guidelines, risk parameters, and regulatory requirements.
• Utilize technology and analytical tools to improve processes and drive scale.
• Build processes to solve investment challenges and integrate them with existing BlackRock infrastructure (e.g., Aladdin).
• Coordinate with analytics, risk, data, and other platform teams to drive improvements in systems, investment, and trading processes.
• Explore and apply AI and machine learning techniques, including prompt engineering, to advance scalable analytics and streamline processes.
• Collaborate with other portfolio managers to translate investment workflows into scalable technology solutions to mitigate risk and improve efficiency.

Requirements

• 5+ years of total relevant experience.
• Undergraduate degree in a quantitative field (Physics, Mathematics, Finance, Economics, Computer Science, or similar) or equivalent demonstrated professional experience with a proven passion for investing.
• Demonstrated understanding of portfolio construction and quantitative concepts of risk and exposure, including optimization, beta and FX hedging, and risk and performance attribution.
• Experience building AI tools combined with academic experience in quantitative finance and portfolio management.
• Meticulous attention to detail with an ability to remain focused across a wide range of portfolio types and activities.
• Strong process awareness and ability to address operational risk issues.
• Ability to problem-solve by identifying potential issues, seeking input, working toward resolution, and proposing changes to mitigate future issues.
• Strong communication and interpersonal skills, including the ability to deliver presentations internally/externally and coordinate across multiple groups.
• Coding experience with Python and SQL required; experience with other programming languages is a plus.

Pay

For New York, NY, the salary range for this position is USD $155,000.00 – USD $210,000.00. 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, 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 spend time with 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 in-office time based on their roles and responsibilities. New joiners can expect this hybrid model to accelerate their learning and onboarding experience.