Vice President, Portfolio Management - Fixed Income

About This Role

Company: BlackRock Financial Management, Inc.
Job Title: Vice President, Portfolio Management - Fixed Income
Location: 50 Hudson Yards, New York, NY 10001

Job Duties

• Manage risk and duration exposure for multi-currency fixed income portfolios within risk tolerances in compliance with client and fund guidelines and restrictions.
• Support the CIOs and senior portfolio managers in running portfolios, contributing to investment decision-making, portfolio construction, and risk management.
• Ensure portfolio implementation across multiple strategies, ensuring efficient trade execution, liquidity management, and alignment with investment views.
• Drive consistency of portfolio exposures relative to mandates, house views, and risk budgets, proactively identifying and resolving drift or unintended positioning.
• Manage daily portfolio responsibilities including performance monitoring, risk oversight, rebalancing, cash flow rebalancing, and attribution analysis.
• Produce customized reporting and presentation materials required for client meetings.
• Help develop automation, analytical tools, and scalable processes to improve efficiency and operational robustness across portfolios.
• Lead and mentor junior portfolio managers and analysts, fostering a culture of accountability, rigor, and continuous improvement.

Qualifications

• Bachelor’s Degree or foreign equivalent in Financial Economics, Finance, Economics, Business Management, or related field and 60 months in job offered or closely related role.
• Five (5) years of experience in the following:
• Performance attribution, and benchmark construction;
• Utilizing programming, data querying, and scripting languages including R, Python (including Pandas), SQL and advanced Excel, including VBA, to handle large datasets;
• Utilizing Aladdin API to automate portfolio reporting;
• Fixed Income Global Bond portfolio management, portfolio construction, risk management, compliance and operations, and trading, including trading of benchmark extensions across the Global Aggregate Universe;
• Fixed Income Global Bond relative value analysis across Foreign Exchange, Global Sovereign Bonds, Supranational, Agency Bonds, Covered Bonds, Agency Mortgage Backed Securities, Investment Grade Credit, High Yield Credit, Loans, Asset Backed Securities, Collateralized Loan Obligations, Commercial Mortgage Backed Securities, Non Agency Mortgage Backed Securities, and Private Placements.

Benefits

• Annual discretionary bonus
• Healthcare
• Leave benefits
• Retail benefits
• Retirement benefits

Pay

The salary range for this position is USD$188,178.00 - USD$210,000.00.

Schedule

Employees are currently required 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.

BlackRock’s Hybrid Work Model

Our hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required 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. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation.

Guidance on AI Use for Candidates

We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress. This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

Equal Employment Opportunity

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.