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Index Fixed Income - Associate, Portfolio Management

Employer
BlackRock
Location
San Francisco, USA
Salary
Competitive
Closing date
Oct 15, 2022

View more

Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

YOUR TEAM
BlackRock's ETF and Index Investments (EII) business is the leading index investment engine in the world. We help investors build better portfolios with the industry's leading suite of index investment tools. We manage over $1.5 trillion in global index fixed income assets across Global Developed and Emerging Markets.

EII includes BlackRock's iShares product line. With a global footprint, strong client orientation and an innovative product range, the fixed income suite sits at $700 billion in assets and over 380 Fixed Income ETFs. Our clients include corporate and public pension plans, central banks, sovereign wealth funds and retail investors.

YOUR ROLE AND IMPACT
You will be a member of the San Francisco based Canadian Fixed Income Index Portfolio Management team, managing a suite of Canadian institutional commingled and separate accounts as well as our Canadian FI iShares platform. As portfolio managers, we contribute to and influence investment decision making, and exercise critical judgement across asset and sector allocation, instrument selection, implementation methods, and trading decisions.

You will actively contribute to the investment outcomes for over cad$75 billion in Canadian Fixed Income assets, and the development and implementation of new products by providing your insights and expertise on Canadian multi-sector portfolio management functions across the investment grade and high yield assets. You will have the best in portfolio management technology and a team of colleagues working with you to achieve BlackRock's mission to provide superior investment products to our clients. Portfolio managers are relied upon by our partner groups to share their knowledge and develop and implement various initiatives that affect the business, including our client facing teams, ETF markets teams, technology, compliance, and risk management.

YOUR RESPONSIBILITIES
- Assessing relative values across the investment grade and HY Canadian fixed income sectors to construct optimal portfolios to meet mandate objectives.
- Index portfolio management across institutional separate and commingled accounts, participate in new issues, rebalance to track benchmark. Additionally, manage our Canadian Fixed Income iShares platform developing creation/redemption baskets for ETFs, participate in new issues and perform both daily and monthly rebalance activities.
- Working with index providers to correctly build and maintain index constituents.
- Improve and streamline investment processes towards stability of tracking error, harnessing the technology and resources of BlackRock to further scale the investment process.

You have...
- Bachelor's degree with 3+ years of buy-side investment management experience. Knowledge of the Fixed Income markets and analytics.
- Strong technical skills (e.g. Python) with a curiosity for technology solutions related to portfolio cash flow and index rebalance management.
- Meticulous attention to detail with an ability to remain focused across a wide range of portfolio types and activities. Strong process awareness and ability to address operational risk issues.
- Ability to multitask and prioritize assignments while producing high quality work in a demanding, fast-paced environment.
- High degree of professional discretion, integrity, and judgment.
- Excellent verbal and written communication, collaboration, and relationship-building skills
- Experience with Canadian Fixed Income, ESG, ETFs, and/or Aladdin tools are 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.

Our hybrid work pilot

BlackRock's current hybrid work pilot is designed to help you experience the best of both worlds: the opportunity to connect with colleagues in person and the flexibility to work remotely, with greater time to focus on what's important to you. In line with local health guidance and regulations, employees are generally expected to work 3 days in the office and 2 days from home (on average) each week. For some business groups, more time may be required in the office, while greater flexibility may be in place for others. Our "One BlackRock" culture means you'll be supported to collaborate with your new colleagues while bringing your full self to work - wherever you are.

The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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 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.

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.

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