Director, Core PM - Fixed Income at ENGINEERINGUK

About this role

Director, Portfolio Manager - Systematic Fixed Income

The Systematic Fixed Income Portfolio Management team is responsible for managing Blackrock's Systematic (BSYS) Fixed Income portfolios. The team ensures that the portfolios meet their investment objectives and are managed in a consistent and risk-controlled manner.

We are now seeking a portfolio manager to join the Long Only Multi Sector team as a Vice President / Director in San Francisco, responsible for a wide array of portfolio management activities across a diverse range of multi sector funds spanning institutional pooled funds, mutual funds, separate accounts, and hedge funds. The successful candidate will work with the Lead PM to ensure that active, systematic model views are applied to the portfolios accurately, efficiently, and in line with portfolio guidelines and risk budgets. A successful candidate will also have strong technology skills, allowing him/her to contribute to the development of reports, tools, analytics, and frameworks to attribute performance, monitor risks, and design custom portfolio solutions using systematic insights, portfolio construction, and risk management.

Key responsibilities

• Daily portfolio management tasks including handling cash flow allocations, portfolio rebalancing, and monitoring of positions, performance, compliance, and risk.
• Maintain processes for portfolio and risk management in a scalable and risk-controlled manner.
• Apply technology, automation, and analytical tools to improve processes and build scale.
• Participate in research related to multi-sector portfolios and share model updates, risk, positioning, and investment views with peers in investment meetings.
• Evaluate performance attribution and communicate market/portfolio performance.
• Work with operations, risk, data, and other platform teams to drive operational improvements and participate in overall systems, investment, and trading process improvements.
• Mentor junior members of staff.

Experience and knowledge required

• Preferably 8+ years proven experience in the financial services or related industry.
• Demonstrate knowledge and passion for financial markets.
• Demonstrate keen awareness of operational risk issues as well as adapt quickly and perform under tight time constraints.
• Knowledge of Aladdin tools like Portfolio Construction, Portfolio Monitor, Dashboard, and Explore is beneficial.
• Capacity to work in a challenging environment, often to time-specific deadlines with relative autonomy.

Skills and Competencies

• Strong programming skills required, especially in Python.
• Successful experience working both independently and as part of a team in a fast-paced, entrepreneurial environment.
• Strong interpersonal skills are a must as you will have to deal with several internal teams such as Strategy, Trading, Operations, Risk, and Quantitative Analysis.
• Demonstrated planning and organization skills and ability to work efficiently under pressure.
• Strong analytical, organizational, and problem-solving skills with diligent attention to detail.

For California only, the salary range for this position is $205,000 - $260,000. Additionally, employees are eligible for an annual discretionary bonus and benefits including healthcare, 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 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. 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.

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.

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.