New York, NY, 10176, USA
24 days ago
Vice President, RQA Alternatives Risk Manager
**About this role** **Business Overview** BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process. RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose. **Alternatives** **Risk Management** BlackRock manages over $300 billion in alternative assets. We are seeking individuals with strong analytical and communication skills that can solve challenging problems related to investing in private markets. This individual will work closely with private credit portfolio managers and senior risk managers on various market and portfolio analyses, employing superior influencing skills to help inform the investment process and improve portfolio design. **Key Responsibilities:** + Daily risk management and oversight of credit portfolios, including review of new deals going to investment committee, where material + Partner with investment teams and businesses to ensure that risks are fully understood, consistent with client objectives, and appropriately mitigated + Communicate with impact and provide constructive challenge to decision makers to influence portfolio construction and drive better investment decisions + Assess portfolios’ ability to withstand market and economic stress by conducting scenario analysis and stress tests + Drive continuous evolution in portfolio analytics and risk monitoring tools in partnership with team members across RQA, portfolio management, and financial engineering + Work collaboratively with peers across RQA and help mentor junior risk managers **Qualifications** + A degree in finance, economics, or a related field. Advanced degree or certifications (e.g., MBA, CFA, etc.) preferred + 9+ years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) required + Previous experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferred + Strong written/oral communication and interpersonal skills with a track record of articulating independent thinking with conviction + Ability to anchor relationships with lead portfolio managers and build a network across BlackRock and externally + Highly organized, proactive, and exhibiting impeccable attention to detail + Ability to bring innovative ideas into the portfolio construction and risk management process For California and New York City only the salary range for this position is $147,500 - $209,500. 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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