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Fixed Income Financial Institutional Group Portfolio Manager job in New York at BlackRock

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Fixed Income Financial Institutional Group Portfolio Manager at BlackRock

Fixed Income Financial Institutional Group Portfolio Manager

BlackRock New York, NY Full-Time
Description

About this role

What team will you be on?

BlackRock's Fixed Income team manages more than $1 trillion in global fixed income assets across index, active long-only, alternative, and liability driven strategies. The platform offers fixed income investors one of the industry's broadest array of investment choices across model-based and fundamental investment styles.

BlackRock is seeking a candidate to join the Financial Institutions Group (FIG) as a Multi-Sector Portfolio Manager

Your role and impact

  • Manage portfolios to achieve/ exceed alpha targets within risk tolerances and constraints, while following client/fund guidelines, restrictions, and gain/loss budgets.

  • Implement trade programs to drive portfolio construction and optimize portfolio positioning. Work with sector specialists and trading teams to ensure accurate execution and compliant portfolio outcomes.

  • Monitor and invest cash flows resulting from client subscriptions and redemptions.

  • Ensure that portfolios are in compliance with investment guidelines and communicate and resolve potential issues expeditiously.

  • Enhance portfolio management processes. Develop and implement tools to aid in portfolio construction and reporting.

  • Contribute to alpha and idea generation through cross asset relative value, sector rotation, security selection, and duration/yield curve positioning.

  • Closely track broad market and sector trends to source opportunities for portfolios and drive alpha.

  • Drive innovation and scale to the FIG Platform to help deliver optimal results for clients with efficiency.


What are we looking for?

  • Minimum five years of experience in portfolio management or related role such as portfolio research, risk management, compliance and operations, or trading, preferably related to fixed income portfolios.

  • BA/BS required. Progress toward CFA a plus.

  • Fixed income and general finance knowledge, including an understanding of bond math and risk.

  • Strong understanding of markets, including complexities of different issue types, liquidity, and trading.

  • Ability to grasp quantitative concepts of risk and exposure and their application to portfolio management.

  • Knowledge of financial institution / insurance client portfolio management a plus (e.g. accounting impact, capital requirements, income considerations).

  • Strong technical skills including advanced Excel, Power Point, Bloomberg, Aladdin. SQL, VBA, Python and other programing experience a plus.


Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work pilot

BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

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