Associate, Portfolio Management - Transitions

About this role About Us BlackRock is a world-class provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors. BlackRock offers a range of solutions - from meticulous fundamental and quantitative active management approaches aimed at increasing 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 ETFs. BlackRock's Transition Management team helps institutional clients restructure their investment portfolios, acting as a bridge between their existing and desired allocations. A transition can be anything from a manager change to a full scale plan merger. We deliver a modern approach to project management, portfolio risk management and trade execution to help clients reduce costs and minimize risk during periods of significant portfolio turnover. Role and Responsibilities Manage portfolio construction and positioning during live transition assignments. Preparing orders and sending them to our Global Trading team, partnering with them to oversee execution and exposure management. This includes equities, fixed income, currency and futures/forwards. Develop efficient trading and hedging strategies, with detailed execution plans. Prepare and present pre-trade analysis reports that clearly explain the proposed strategy and detail the expected transaction costs and risk. Engage with clients throughout the course of a transition to communicate market conditions, transition progress, and portfolio performance. Stay abreast and research the applicability of new sophisticated trading mechanisms, strategies, risk tools and liquidity sources to help evolve our product. About You 2-4 years of experience in the Financial Services industry, in portfolio management, trading, transition management, or a related function. A passion for and strong understanding of: capital markets, financial instruments, portfolio hedging and optimization, and multi asset allocation strategies. Deep knowledge of transaction cost and portfolio risk analytics. Excellent interpersonal skills and a track record of teamwork and collaboration including a willingness to develop talent within the team with a mentorship approach. The ability to multi-task, prioritize contending demands in a fast-paced environment and are driven. High energy, curiosity, problem solving mentality, and attention to detail. A strong propensity to technology and an entrepreneurial eye towards innovation in processes and workflows. Familiarity with a programming language such as Python, or willingness and desire to learn. Series 7, 63 & 3 (can be obtained within 6 months of starting). For California only the salary range for this position is $105,000 - $137,500. Additionally, employees are eligible for an annual discretionary bonus, and benefits including health care, 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. 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. #J-18808-Ljbffr