Core Portfolio Manager, Emerging Markets - Global Fixed Income, Associate
About the position
About this role 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 around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. The Emerging Market Debt Team within BlackRock’s Fundamental Fixed Income platform is seeking a Junior Portfolio Manager to oversee portfolio construction, risk budgeting and consistency across EM Crossover and dedicated strategies. These portfolios invest across the spectrum of hard currency, local currency and corporate credit and use of derivatives to meet the investment objectives. Clients include pension funds, corporate treasury departments and retail investors, with portfolio types spanning separate accounts, mutual funds and ETFs. The disparate nature of the client base results in portfolios with varying alpha targets and opportunity sets. The PM will be responsible for portfolio construction for this group of portfolios and strategies, customizing trade targets based on client objectives, guidelines and team views and implementing investment process enhancements through coding and automation.
Responsibilities
• Develop a deep understanding of client specific guidelines and objectives and customize portfolio construction accordingly.
• Assist with day-to-day portfolio management activities including raising orders, target changes, compliance management, cash management and derivative lifecycle.
• Leverage technical skills to make continual improvements to the investment process, increasing efficiency and reducing operational risk.
• Automate processes to speed implementation of risk, decrease dispersion of PnL outcomes and detect risk deviations
• Utilizing centralized investment support functions to assist the EM Portfolio Management Team
• Contributing to full lifecycle of the investment process, including idea generation, trade implementation, risk management and attribution
• Support the development of new scalable and automated processes in partnership with software developers
• Develop expertise across Aladdin applications (Explore, Portfolio Construction, Portfolio Monitor, Portfolio Risk Tools, etc.) and Bloomberg
• Work with trading, legal and operational partners to implement portfolios as needed
Requirements
• 3/4+ years of experience in a fixed income portfolio management, risk management or analytics role.
• Experience in Fixed Income Emerging Markets and/or degree in technical field is a plus
• Strong technical, data analysis skills and coding using programming languages, including VBA, R, and Python, and handling large datasets to create automated and algorithmic portfolio construction solutions
• Command of fixed income analytical concepts (duration, convexity, measures of carry, tracking error, scenario analysis, etc.) and instrument types (bonds, futures, swaps, securitized products, FX, etc.)
• Understanding of macroeconomics and monetary policy, and their impacts on fixed income markets
• Effective communication skills
Nice-to-haves
• Experience in Fixed Income Emerging Markets and/or degree in technical field is a plus
Benefits
• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement 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.
Apply Now
Apply Now
About this role 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 around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs. The Emerging Market Debt Team within BlackRock’s Fundamental Fixed Income platform is seeking a Junior Portfolio Manager to oversee portfolio construction, risk budgeting and consistency across EM Crossover and dedicated strategies. These portfolios invest across the spectrum of hard currency, local currency and corporate credit and use of derivatives to meet the investment objectives. Clients include pension funds, corporate treasury departments and retail investors, with portfolio types spanning separate accounts, mutual funds and ETFs. The disparate nature of the client base results in portfolios with varying alpha targets and opportunity sets. The PM will be responsible for portfolio construction for this group of portfolios and strategies, customizing trade targets based on client objectives, guidelines and team views and implementing investment process enhancements through coding and automation.
Responsibilities
• Develop a deep understanding of client specific guidelines and objectives and customize portfolio construction accordingly.
• Assist with day-to-day portfolio management activities including raising orders, target changes, compliance management, cash management and derivative lifecycle.
• Leverage technical skills to make continual improvements to the investment process, increasing efficiency and reducing operational risk.
• Automate processes to speed implementation of risk, decrease dispersion of PnL outcomes and detect risk deviations
• Utilizing centralized investment support functions to assist the EM Portfolio Management Team
• Contributing to full lifecycle of the investment process, including idea generation, trade implementation, risk management and attribution
• Support the development of new scalable and automated processes in partnership with software developers
• Develop expertise across Aladdin applications (Explore, Portfolio Construction, Portfolio Monitor, Portfolio Risk Tools, etc.) and Bloomberg
• Work with trading, legal and operational partners to implement portfolios as needed
Requirements
• 3/4+ years of experience in a fixed income portfolio management, risk management or analytics role.
• Experience in Fixed Income Emerging Markets and/or degree in technical field is a plus
• Strong technical, data analysis skills and coding using programming languages, including VBA, R, and Python, and handling large datasets to create automated and algorithmic portfolio construction solutions
• Command of fixed income analytical concepts (duration, convexity, measures of carry, tracking error, scenario analysis, etc.) and instrument types (bonds, futures, swaps, securitized products, FX, etc.)
• Understanding of macroeconomics and monetary policy, and their impacts on fixed income markets
• Effective communication skills
Nice-to-haves
• Experience in Fixed Income Emerging Markets and/or degree in technical field is a plus
Benefits
• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement 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.
Apply Now
Apply Now