Vice President, RQA Alternatives Risk Manager

Employer: BlackRock

Location: Santa Monica, New York, United States of America

Salary: Competitive

Closing date: 9 Dec 2024

About this role

Business Overview
BlackRock's Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. RQA's mission is to advance the firm's risk management practices and deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA's risk managers play a meaningful role in BlackRock's investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.

RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. Our goal is to create a culture of inclusion that encourages teamwork, innovation, diversity, and the development of our future leaders.

Key Responsibilities:

• Daily risk management and oversight of credit portfolios, including review of new deals going to investment committee, where material
• Partner with investment teams and businesses to ensure that risks are fully understood, consistent with client objectives, and appropriately mitigated
• Communicate with impact and provide constructive challenge to decision makers to influence portfolio construction and drive better investment decisions
• Assess portfolios' ability to withstand market and economic stress by conducting scenario analysis and stress tests
• Drive continuous evolution in portfolio analytics and risk monitoring tools in partnership with team members across RQA, portfolio management, and financial engineering
• Work collaboratively with peers across RQA and help mentor junior risk managers

Qualifications:

• A degree in finance, economics, or a related field. Advanced degree or certifications (e.g., MBA, CFA, etc.) preferred
• 9+ years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) required
• Previous experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferred
• Strong written/oral communication and interpersonal skills with a track record of articulating independent thinking with conviction
• Ability to anchor relationships with lead portfolio managers and build a network across BlackRock and externally
• Highly organized, proactive, and exhibiting impeccable attention to detail
• Ability to bring innovative ideas into the portfolio construction and risk management process

For California and New York City only, the salary range for this position is $147,500 - $209,500. Additionally, employees are eligible for an annual discretionary bonus and benefits including healthcare, leave benefits, and retirement benefits.

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.

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.

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.

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