Associate

About this role

Company: BlackRock Financial Management, Inc.

Job Title: Associate

Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Leverage Aladdin to transform our client's business workflows and reporting across portfolio construction, order management, risk reporting, ESG, and performance measurement & attribution. Collaborate closely with client leadership (e.g., Chief Investment Officer, Chief Risk Officer, Head Portfolio Managers, Chief Sustainability Officer) to understand client objectives and goals while delivering strong representation on behalf of the Aladdin Business. Lead and document the redesign of investment and reporting workflows across various asset classes including equities, fixed income, alternatives, and derivatives, with a focus on operational scale and efficiency. Work closely with the client and Aladdin Product Managers to support the product development needs of our clients. Improve the efficiency and repeatability of our execution methodology with each new implementation. Develop deep relationships within BlackRock Solutions and BlackRock to ensure the best client experience. Mentor junior members of the team. 15% domestic travel required.

Qualifications: Bachelor’s degree in Finance, Business Administration, Economics, Information Technology, Engineering Management, or a related field; and 24 months experience in the job offered or in a related occupation. Requires 12 months of experience involving the following: 1. Contributing to technology implementation projects as subject-matter expert or practice owner with a specific focus on front office business processes; 2. Coordinating client relationships including with portfolio managers, risk officers, and/or senior executives; 3. Working with capital market instruments including fixed income, equities, derivatives, and alternative assets both in terms of their indicative structure and the use in the investments lifecycle; 4. Working on front office processes/workflows, including CIO/CRO reporting and analysis, portfolio management, and risk management and analytics; 5. Applying security and portfolio risk analytics/investment risk concepts including: duration/convexity, risk factor exposure, VaR/Tracking Error, performance attribution; 6. Maintaining relational databases (both input and output); 7. Working with programming languages including Unix, SQL, Perl, Python.

To apply, please click “Apply” on this webpage.

For New York, NY Only the salary range for this position is USD$137,700.00 - USD$155,000.00 . 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 | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email [email protected]. All requests are treated in line with our privacy policy.

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.