What are the responsibilities and job description for the Multi-Asset Strategies & Solutions - Associate, Solutions Strategy position at BlackRock?
About this role
Introduction to Multi-Asset Strategies and Solutions
BlackRock’s Multi-Asset Strategies & Solutions (MASS) group provides investment strategies and solutions that employ sophisticated asset allocation, rigorous risk management, and extensive research to deliver specific outcomes tailored to client needs. Through our comprehensive portfolio approach, diversified return drivers, end-to end partnership and technology, our multi-asset platform is crafted to deliver outcomes with more precision. MASS includes specialized capabilities in areas of tactical asset allocation, income funds, target date and target risk strategies, as well as customized solutions through state-of-the-art portfolio construction and asset allocation methodologies. Our team of over 250 multi-asset investment professionals manages a range of pooled vehicles, model portfolios, and customized mandates for a diversified client base. Currently, MASS manages over $640 billion in assets and has a strong presence in San Francisco, New York, London and throughout Asia Pacific.
What team will you be on?
The Solutions Strategy team works within MASS to oversee and lead the implementation of whole portfolio engagements and similar assignments. Rooted in BlackRock’s longstanding culture of objective problem-solving, the Solutions Strategy team collaborates across the firm to ensure an outstanding client experience and ensure consistency across the range of investment services.
What will you be doing?
We are seeking a candidate to join the Solutions Strategy team in New York. The role will require partnership with numerous commercial, investments and operational teams in order to best coordinate and support fast-paced growth of the platform. A successful team member will be someone, who is curious, innovative, challenges the status quo and a problem solver.
What will you be doing?
Lead sophisticated portfolio design and implementation; ensure that the client set-up conforms to the high standards of the BlackRock operating platform
Apply portfolio strategy views to legal documentation through drafting guidelines for investment management agreements and instruction letters
Design and coordinate recurring portfolio management, data management, reporting and related processes across BlackRock teams
Lead client calls and communications as a subject matter authority on whole portfolio solution details and specific implementation plans
Communicate implementation plans to clients and internal teams through written and verbal communications; responsible for resolving client requests
Build strong relationships and fully maximize internal networks to deliver whole portfolio solutions during implementation and ongoing servicing
Drive innovation and platform strategy initiatives
Oversee custom and standard reporting requests; provide oversight for the report production process
What are we looking for?
2-5 years of asset management or financial services experience in a client facing capacity, preferably across multiple asset classes and investment subject areas
Understanding and/or ability to learn various investment types – including fixed income, derivatives, alternatives, equities, etc.
Outstanding relationship management skills to build and maintain collaborative partnerships regionally. Have strong interpersonal, organizational and influencing skills, ability to engage partners, to understand change readiness, balance differences and build consensus;
Inclination for process design, able to handle various projects simultaneously, remain calm when multi-tasking
Will be an excellent verbal and oral communicator, capable of articulating complex problems in a simplistic manner.
Experience working both independently and as part of a team in a highly collaborative, global environment
Knowledge of eVestment, Morningstar, Bloomberg, Tableau, VBA, SQL, and/or Python is an advantage
Strong interest to learn about and use Aladdin; a familiarity with Aladdin a plus
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 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.
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.