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Blackrock, Inc.

Vice President, RQA Alternatives Risk Manager

Blackrock, Inc., Santa Monica, California, United States, 90403


About this roleBusiness OverviewBlackRock’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 to 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. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development of our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.Key Responsibilities:Daily risk management and oversight of credit portfolios, including review of new deals going to investment committee, where materialPartner with investment teams and businesses to ensure that risks are fully understood, consistent with client objectives, and appropriately mitigatedCommunicate with impact and provide constructive challenge to decision makers to influence portfolio construction and drive better investment decisionsAssess portfolios’ ability to withstand market and economic stress by conducting scenario analysis and stress testsDrive continuous evolution in portfolio analytics and risk monitoring tools in partnership with team members across RQA, portfolio management, and financial engineeringWork collaboratively with peers across RQA and help mentor junior risk managersQualificationsA degree in finance, economics, or a related field. Advanced degree or certifications (e.g., MBA, CFA, etc.) preferred9+ years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) requiredPrevious experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferredStrong written/oral communication and interpersonal skills with a track record of articulating independent thinking with convictionAbility to anchor relationships with lead portfolio managers and build a network across BlackRock and externallyHighly organized, proactive, and exhibiting impeccable attention to detailAbility to bring innovative ideas into the portfolio construction and risk management processFor 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 health 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 benefitsTo 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 modelBlackRock’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 BlackRockAt 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.

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