BlackRock

Vice President, Portfolio Research (New York, NY)

Posted on: 9 Apr 2021

New York City, New York

Job Description

Description

About this role

Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock, we strive to empower our employees and effectively engage your involvement in our success.

About BlackRock

BlackRocks business is investing on behalf of our clients, from large institutions to parents and grandparents, doctors and teachers who entrust their savings to us. We are committed to our clientsperiod. Our promise is to offer them the clearest thinking about what to do with their money and the products and services they need to secure a better financial future. Thats why investors of all kinds have made us the worlds largest asset manager, entrusting us with trillions of dollars, and its why companies, institutions and global governments come to us for help meeting their biggest financial challenges.

Team Overview

The BlackRock Investment Institute (BII) leverages the firm's expertise and generates proprietary research to provide insights on long-term asset allocation, the global economy, markets and geopolitics all to help our clients and portfolio managers navigate financial markets. As a unique center of excellence, BII offers strategic and tactical market views, publications and digital tools that are underpinned by proprietary research. Our aim is to secure a better financial future for our clients by helping them understand what is in their portfolio and determine the mix of asset classes that fit their risk and return needs.

The Portfolio Research Group in BII strives to be viewed as credible and objective by both clients and academia, building on state-of-the-art academic research and leveraging the expertise of BlackRocks investment teams to deliver complex analytics, practical and actionable content to the rest of the firm.

The output may take the form of financial forecasts across different regions and time horizons, optimization tools, models and processes to support our portfolio construction framework and help portfolio managers in their investment decisions.

The role is based in our New York office.

Key Responsibilities

* Generating BlackRocks Capital Market Assumptions. You will help us build new state of the art quantitative models to project the returns of assets through time, as well as play a key role in developing and automating forecasting models.
* Developing new investment frameworks. You will come up with new analytical methodologies to improve the construction of portfolios and help clients meet their long-term investment objectives.
* Prototyping new optimization and other asset allocation models. You will work with advanced optimization algorithms to develop BlackRocks approach to portfolio construction.
* Delivering content to build our brand: You will help us to communicate our research via internal and external publications, partnership with BlackRocks investment teams and participation in conferences, client meetings and media appearances.
* Driving internal adoption: You will work with team members to disseminate the groups research with internal partners and work with those partners to facilitate its use and adoption

Knowledge / Experience

* A demonstrably quantitative and creative mind, with a degree in a quantitative field (e.g. economics, finance, engineering, physics, and math)
* Strong communication skills and ability to distil research for broad consumption
* Strong statistical modelling and data analysis skills
* Open-minded thought process and intellectual curiosity
* Motivated team player, flexible in approach and ability to work independently
* Responsive with keen attention to detail
* Strong understanding of the use of computer technology in financial and economic research, with strong statistical package programming skills (e.g., Matlab, R, Python) Intuition for and a passion in financial markets and with experience in the finance sector

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.

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 childrens 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. Its why were 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.

BlackRock

New York, New York

BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager with $6.5 trillion in assets under management as of April 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.

In May 2019, BlackRock received widespread criticism for the environmental impact of its holdings. It is counted among the top three shareholders in every oil “supermajor” except Total, and is among the top 10 shareholders in seven of the 10 biggest coal producers. In its 2018 annual letter to shareholders, chief executive Larry Fink said that his overriding duty is to make customers money, whatever the environmental consequences.

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