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g portfolio construction algorithms to significantly increase automation and productivity across IFI globally. They are also partnering with Technology teams to develop the core platform with which to deploy algorithms robustly at scale. Algorithms have already been successfully deployed which are event-based and automatically propose order lists that rebalance funds back to target. A key focus is developing algorithms and analytics to support the rapid growth of Fixed Income ETFs.
A successful candidate will be familiar with management of a wide range of Fixed Income funds and have strong technology skills, allowing them to develop both prototypes which make immediate improvements to the PM process and then refine them into production solutions that can operate at scale. They will also have the communication skills to partner with PM, Trading, and Technology teams to guide the integration of these algorithms into the investment process and leverage core BlackRock technology.
Key Responsibilities:
Design efficient algorithms and optimizers to automate key portfolio construction processes
Develop both prototypes and production tools
Partner with PMs to integrate these tools into daily processes and continually refine them
On occasion, undertake portfolio management activities to develop a deeper understanding of specific investment processes
Partner with BlackRock Technology teams to design and develop the core "Algo Platform"
Develop other desk tools to support the Core PM investment process.
Partner with BlackRock Technology teams to ensure existing applications continue to evolve to support Core PM needs
Develop reporting methods & analytics on new tools to ensure improvements can be measured
Knowledge/Experience/Qualifications:
Strong quantitative background (at least BA/BS in Maths/Science/Engineering/related discipline).
Strong programming skills in at least two of the following: Python, Visual Basic, R, MATLAB, Java, C++
Experience of working as Portfolio Manager, either directly or alongside
Working knowledge of Fixed Income markets
Familiarity across a range of funds and investment styles (index/active, fundamental/quantitative)
Excellent problem-solving skills and process-oriented approach
Excellent teamwork and communication skills
Knowledge of BlackRock Aladdin tools beneficial
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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.
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