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VP, Fixed Income Risk Manager

Learn more about BlackRock
BlackRock

BlackRock

VP, Fixed Income Risk Manager

Princeton, NJ
Full Time
Paid
  • Responsibilities

    Business Overview

    The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s principal objectives are 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 skills to tackle real-world problems and provide tangible solutions in the investment management process.

    RQA is committed to investing in our people to increase individual enablement and ultimately build a stronger team. Our goal is to create a culture of inclusion which encourages collaboration, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strength connect with our purpose.

    Fixed Income Risk Management

    You will partner with the fixed income businesses to deliver independent risk oversight, risk advice, and provide quantitative analysis to assist with portfolio construction, performance measurement, product design and investor engagement. We have two positions available, one each in both San Francisco and New York, covering active multi-sector fixed income investment businesses.

    Key Responsibilities:

    Responsibilities include but are not limited to taking a lead role in facilitating discussions with portfolio managers on all aspects of the portfolio construction process, working with portfolio managers to understand the exposures and risks taken, and providing the necessary risk oversight by ensuring that senior management is advised of risks.

    • Partnering with senior risk managers to help ensure that the risks are fully understood and are consistent with clients’ objectives and risk constraints
    • Regular monitoring of portfolio risks and presenting pertinent analyses on markets, portfolio risk and performance drivers to portfolio management teams
    • Partnering with various groups within BlackRock in developing new and improving existing analytics and quantitative models to advance the state of quantitative risk management
    • Understanding how macroeconomic factors and market dynamics drive the investment decision-making process
    • Helping portfolio managers with portfolio construction and scenario analysis

    Qualifications:

    • Minimum of 6 years of proven experience in risk management, research, or portfolio management.
    • Experience with Aladdin infrastructure and production process highly desired and a strong plus
    • Expertise in fixed income products, investments, and portfolio construction techniques; Experience of equity risk management also a plus.
    • An ability to explain complex ideas in simple but impactful terms in order to influence portfolio construction decisions
    • A passion for applying quantitative techniques to real-world problems including analyzing portfolio risk taking and understanding financial markets
    • Extensive experience with factor models, scenario analysis, stress-testing, performance attribution, and other risk-related metrics and tools
    • An advanced degree in mathematics, quantitative finance, computer science, economics, statistics, engineering or another quantitative field
    • Proven coding skills, i.e. Python, R etc.
    • FRM and/or CFA designation is a plus

    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.

    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.

  • Industry
    Financial Services
  • Fun Fact
    We offer a fun, entrepreneurial culture you wouldn’t typically find at a financial services company. You can even wear jeans to work!
  • About Us

    BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable.