San Francisco, CA, 94103, USA
30 days ago
CorePM Portfolio Manager (Systematic Active Equity) | Associate / Vice President
**About this role** **Systematic Active Equity (SAE) Core PM Portfolio Manager | Associate / VP | San Francisco** Systematic Active Equity (SAE) is the quantitative equity investment group with BlackRock. We invest our client assets (approximately $150bn) using quantitative insights captured in a scalable and repeatable process. SAE is a pioneer and thought leader in the quantitative equity investment industry and has consistently achieved client investment goals across global equity markets for over 30 years. Our clients include corporate pension plans, public pension plans, central banks, sovereign wealth funds and other institutional investors. We are seeking a portfolio manager to complement our Core PM team. SAE Core PM team members are responsible for the array of portfolio implementation and management responsibilities described below across our Developed and Emerging Market portfolios, with an emphasis on adhering to effective, risk-controlled, and consistent processes. Team members also support on-going efforts to improve the SAE portfolio management platform as well as contribute to the research process and commercial projects. This role has considerable scope for the right individual to have an impact on the success of the team and broader SAE business. **Key Responsibilities:** + Manage portfolio cash flows including subscriptions, redemptions and equitizations + Manage portfolio FX exposures + Manage derivative lifecycle events for futures, TRS, FX forwards, and options + Manage daily processes and rebalance activity for active ETFs and other portfolios + Rebalance futures, FX overlay and portable alpha strategies + Ensure portfolios remain in compliance with their investment guidelines + Monitor, submit elections, and ensure proper processing of corporate actions + Deliver operational excellence and foster a culture of investment risk control and compliance + Work alongside SAE Portfolio Management, Product Strategy and Research, and Business Management teams to execute key commercial initiatives and on-board new products, mandates and clients + Partner with BlackRock business partners to drive system enhancements, and investment and trading process improvements **Preferred Knowledge & Experience:** + Degree in a quantitative field (e.g. computer science, engineering, physics, math, finance, or economics) + 2+ years in a portfolio management-related or trading role, preferably with equities, futures, and FX experience + Knowledge of Aladdin; programming skills in Python, MATLAB or other languages or tools are desirable + Knowledge of iShares and ETF portfolio management is a plus + Attention to detail, with a desire to work across a wide range of portfolio types and activities + Interpersonal skills that align with and contribute to a culture of teamwork and constant learning For California only the salary range for this position is $125,000 - $209,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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. **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 model** BlackRock’s 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. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock. **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 @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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. We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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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