Portfolio Consulting, US Wealth Advisory, Analyst

About this role

BlackRock Company Description:

Elevate your career by joining the world's largest asset manager! Thrive in an environment that fosters positive relationships and recognizes outstanding performance! We know you want to feel valued every single day and be recognized for your contribution. At BlackRock we strive to empower our employees and actively engage your involvement in our success. With over USD $11.5 trillion of assets we have an outstanding responsibility: our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified individuals without regard to race, color, national origin, religion, gender, sexual orientation, gender identity and disability.

For additional information on BlackRock, please visit www.blackrock.com | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock.

Business Unit Overview:

BlackRock’s WEA team sits within the US Wealth Advisory business and partners with Portfolio Design Services, Advisor Engagement, Sales Organization and Product Pillar teams to develop commercial priorities. WEA also supports Portfolio Consulting and Practice Management businesses, which deliver consulting engagements, education, analytics, technology tools, and thought leadership focused on helping wealth firms and advisors build better portfolios for end investors, scale their business models, and increase client acquisition.

Job Purpose/Background:

This role is a part of dynamic and rapidly evolving team responsible for three major functions – Analysis, Scale, and Reporting.

Seeking an energetic professional to work with US-based US Wealth Advisory – Wealth Enablement and Analytics (WEA), producing customized risk and other detailed reports for clients (US Financial Advisors). Will also be responsible for building partnership with US counterparts – manufacture comprehensive reports consisting of detailed risk and performance analytics on the client’s portfolio.

Key Responsibilities:

• Produce and analyze highly specialized and customized portfolio risk reports like Model Scaling, Suite Report, etc with detailed risk and performance analysis for financial advisors’ portfolios.
• Customization of BlackRock Model Portfolios based on guidelines agreed with the clients.
• Understand and update Product Performance, Industry flow details and post necessary commentaries for asset classes like Equity, Fixed Income, Alternatives, etc.
• Ensure that all the requirements are completed on a timely basis with the highest level of accuracy.
• Fulfill ad-hoc tasks related to portfolio, returns and market data reporting.
• Develop and maintain up-to-date process flow documents for all tasks related to assigned processes.
• Support and complete various efficiency and capacity-building initiatives, including automation/ standardization efforts.
• Evaluate systems, processes, and procedures for inefficiencies, and make recommendations for improvement.
• Manage workload to successfully meet set deadlines and assist other team members when required.

Qualifications:

• Post-Graduate - MBA (Finance) from reputed institute.
• Working knowledge of Power BI / Tableau, VBA and Python will be an added advantage.
• CFA / FRM certification will be an added advantage.

Skills:

• 2 to 4 years of relevant experience in investment management/asset management or financial industry.
• Knowledge of financial markets, with familiarity across all asset classes and geographies
• Knowledge of portfolio risk concepts like Standard Deviation, Sharpe ratio, Tracking Error, etc.
• Knowledge of mutual fund, ETF business and portfolio construction.

• Strong familiarity with MS Office suite (Word, Excel, PowerPoint).
• Strong familiarity with financial data platforms like Morningstar, etc a strong plus.
• Familiarity Carbon footprint and Sustainable investing.
• Working knowledge of Power BI / Tableau, VBA, Python, will be an added advantage.
• Flexible and able to respond quickly to urgent requests.
• Excellent attitude, attention to detail, and verbal/written communication skills.
• Tech-savvy and eager to harness new techniques to improve reporting workflows.

• Experience with sales CRM systems, risk reporting tools also desirable.

Competencies:

• Strong spoken and written communication skills, particularly with global counterparts
• Highly organized and detail oriented with a focus on time management.
• Values the importance of quality data and strives to maintain its integrity in the system.
• Proven ability to multitask, manage concurrent efforts, and work to deadlines with minimal supervision in a team environment.
• Flexible and comfortable with change, and prepared for a fast-paced, rapidly evolving workflow.
• Strong critical reasoning and problem-solving capabilities.
• Ability to thrive in a deadline-oriented atmosphere, and comfortable completing multiple projects simultaneously.
• Team player with attention to detail, problem solving abilities, and analytical skills.
• Flexibility of shift timings.

BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer—M/F/D/V.

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. 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 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.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.