Associate, Portfolio Manager - Derivatives and Digital Assets

About this role

Your Team

Are you ready to join the world’s largest asset manager and lead the way in index investing? BlackRock Global Markets (“BGM”) safeguards over $5 trillion in global index assets across Global Developed Markets, Emerging Markets, Commodities, Fixed Income, and Real Estate Investment Trusts. We offer investors one of the industry's most extensive selections of index investments.

Our investment teams consist of professionals with deep expertise in their respective markets, managing the assets of both institutional and individual investors. Our clients benefit from our portfolio management expertise and our strong culture of performance and risk management.

Our purpose is to help more and more people achieve greater financial well-being, and it’s something we are deeply passionate about!

Portfolio Manager Role

We have an exciting opportunity to join our Derivatives and Digital Assets (DDA) team within BGM as a Portfolio Manager. In this role, you will be responsible for developing and managing investment solutions involving multiple strategies and asset classes using both physical and derivative exposures. Your responsibilities will include the day-to-day management of our Exchange-traded funds and Institutional portfolios, conducting risk and performance analysis, and driving investment and business process transformation.

We are looking for individuals who are passionate about making a difference and possess the expertise to make it happen. Ideal candidates should be both Students of the Market and Students of Technology, demonstrating a keen understanding of financial markets and technological advancements.

Your Role and Impact

DDA Portfolio Management handles all aspects of portfolio activity, including asset allocation, risk and performance management, and support for client queries. The successful candidate will be part of a team responsible for managing multi-asset client portfolios, primarily focusing on Currency Overlays and Outcome-based solutions. The individual will contribute to new business and product development while actively developing the systems and processes used to support a diverse and growing book of business.

Your Responsibilities

• Assist in managing all aspects of multi-asset investment strategies, focusing on the usage of derivative instruments.

• Provide support to senior portfolio managers on daily portfolio management tasks, including liquidity management, portfolio re-balancing, and risk and performance management.

• Partner with senior portfolio managers and internal stakeholders driving outcome-oriented ETF platform evolution and product innovation

• Use market experience and knowledge to contribute to system and process development.

• Provide analytical and qualitative support to portfolio design and new product development.

You Have

We’re looking for individuals, from a variety of backgrounds, who have:

• 5+ years in investment industry/portfolio management

• Expertise in options and structured solutions

• Strong knowledge of capital markets and portfolio management theory

• Analytical and quantitative skills

• Proficient in Python, APIs, SQLAlchemy, Pandas, and NumPy

• Experience with financial engineering and software development best practices

• Knowledge of structured derivative strategies (options, forwards, OTC derivatives)

• Ability to multitask and prioritize in fast-paced environments

• Excellent communication, Well-organized, teamwork, and relationship-building skills

For San Francisco, CA 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 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.

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.