About this role
BlackRock is one of the worldâs preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock offers a range of solutions â from meticulous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the worldâs 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 iSharesÂŽ ETFs. Business Unit Overview
BlackRock Global Markets and Index Investments (BGM) brings together BlackRockâs Index Investments, Cash Management, Global Trading, ETF Markets, Securities Lending, and Financing & Financial Resource Management businesses. Together, we provide clients with superior market access and index investment outcomes through:
Job Purpose /Background:
The Index Fixed Income (IFI) team has responsibility for managing Blackrockâs Index Fixed Income portfolios, including Exchange Traded Funds (ETFs), mutual funds, & segregated mandates. The IFI team liaises closely with many areas of Fixed Income and is responsible for ensuring that Fixed Income portfolios are managed efficiently and in a consistent and risk-controlled manner.
BlackRockâs IFI business is the leading index investment group in the world. We help investors build better portfolios with the industryâs leading suite of index investment tools. We manage over $1.5 trillion in global index fixed income assets across Developed and Emerging Markets. Our clients include corporate and public pension plans, central banks, sovereign wealth funds and retail investors.
The PM Architecture team are designing and developing 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 investment styles 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 scale. They will also have the communication skills and enthusiasm 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:
Knowledge/Experience/Qualifications:
For San Francisco, CA Only the salary range for this position is USD$116,000.00 - USD$155,000.00 . 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
BlackRockâs 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 â 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 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 childrenâs 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 â the one we make in our employees. Itâs why weâre dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View theEEOCâs Know Your Rights poster and its supplementand the[pay transparency statement](https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay- transp_%20English_formattedESQA508c.pdf).
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a personâs appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.