Model Portfolio Manager - Multi-Asset Strategies & Solutions (MASS), Associate

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® ETF.

Role Overview

The Model Portfolio team within Multi-Asset Strategies & Solutions (MASS) is seeking a highly analytical Associate to support the ongoing management and continuous evolution of our model portfolio management platform. This position is designed as a hybrid role split between technology and portfolio management responsibilities.

As an Associate, you will work at the intersection of portfolio management, financial analytics, and technology. The role involves supporting daily portfolio operations while owning scalable analytics across performance, attribution, and risk, with a strong emphasis on AI-enabled analytical workflows.

Key Responsibilities:

Portfolio Management

• Support the ongoing management of model portfolios, including monitoring portfolio positioning, facilitating rebalances, and evaluating implementation outcomes.

• Collaborate closely with Portfolio Managers to execute portfolio changes resulting from asset allocation updates and model enhancements.

• Utilize internal risk and compliance tools to ensure portfolios remain aligned with established investment objectives.

Financial Analytics

• Own performance analysis across model portfolios, with a focus on benchmark-relative returns and implementation effects.

• Design, maintain, and enhance multi-asset attribution and risk analytics to support robust portfolio evaluation.

• Translate complex analytical outputs into clear, actionable investment insights to support decision-making.

Technology & AI Enablement

• Develop Python-based tools and automated workflows to support scalable portfolio analytics.

• Leverage internal data platforms, including Aladdin and SQL-based sources, to improve the efficiency and effectiveness of analytics.

• Explore and apply AI and machine learning techniques, including prompt engineering, to advance scalable analytics and generate new investment insights.

Qualifications:

Required

• Bachelor’s degree in a quantitative or finance-related field.

• Strong understanding of portfolio management, performance evaluation, attribution, and risk.

• Proficiency in Python and experience working with structured datasets, including SQL.

Preferred

• Experience with model portfolios or multi-asset strategies.

• Familiarity with Aladdin or factor risk models.

• Exposure to AI, machine learning, or AI-assisted analytics workflows.

• Progress toward a CFA or similar professional designation.

Why This Role

• Gain direct exposure to model portfolio management within the leading global asset management firm in a fast-growing and innovative segment.

• Contribute to shaping scalable, AI-enabled investment analytics.

• Benefit from a clear and well-defined long-term growth path within the Model Portfolio Management track.

For New York, NY Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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.