About this role
BlackRock is one of the world’s 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 — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s 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 iShares® ETFs.
Business Unit Overview:
The International Cash Management Group manages a suite of products that includes Prime and Government Money Market and Ultra-Short Duration Mutual funds and Separate Accounts. BlackRock’s cash management style is designed to meet each client’s objectives of capital preservation, liquidity and yield – in that order. This philosophy is built on a risk-controlled framework, featuring careful analysis of credit, interest rate trends, and relative value opportunities which ultimately produce investment returns on a risk-adjusted basis. Our disciplined approach to investing originated in 1973 when we pioneered the first constant-dollar money market fund dedicated to institutional investors.
Job Purpose/Background/Responsibilities:
This role sits within the International Cash Portfolio Management Team and is a portfolio management / trader role based in Singapore or Hong Kong. This dynamic role offers the opportunity to help establish the Money Market fund portfolio management / trading desk in APAC for the Cash Portfolio Management Team. The successful candidate will be the lead person responsible for the international cash investment process in APAC. They will be investing and executing in money market instruments (Time Deposits, Reverse Repo, Commercial Paper, Certificates of Deposit, short Government bonds and Bills, Supranationals and any other suitable instruments), with an emphasis on HKD/ USD and other major Asian currencies. The person will also play a major role in developing and implementing money market investment strategies. A natural curiosity and drive will help the successful candidate establish themselves within a busy and proactive team, helping research markets, regulation, credit, technology and ESG.
To manage and trade diversified portfolios of money market instruments in HKD/ USD and other major Asian currencies.
To lead the efforts to construct and implement investment strategies for Asian currency money market funds as well as separately managed accounts
To be the representative of International Cash Portfolio Management Team in APAC in both internal and external client meetings, industry conferences and roundtables
To build and maintain strong professional relationships with external trading counterparties (brokers and dealer banks) and other parts of the broader ecosystem (rating agencies, etc.)
To build strong partnerships with internal stakeholders such as credit, product strategy, risk, operations, pricing, legal & compliance, and contribute to our diverse and inclusive work environment
To work with other data and technology focused colleagues to help create greater operational efficiencies across the desk
Knowledge / Experience Required:
5+ years of work experience in money market portfolio management, and transferable skills to benefit this role.
Established relationships with major trading counterparties and the broader money market ecosystem across APAC, particularly Hong Kong and Singapore
Managerial experience and help in identifying and developing strong talent preferred
Demonstrated organizational, interpersonal, and leadership skills. An enthusiastic attitude with a willingness to learn
Ability to multi-task and prioritize tasks in a demanding and fast-paced environment
Deep understanding of financial markets, money market funds, credit, money market regulatory framework and risk management
Strong quantitative or analytical skills, particularly using data systems (Knowledge of Aladdin a plus)
Knowledge and understanding of digital assets and tokenised real world assets preferred
Experience with Python, SQL, Tableau, Bloomberg, VBA a plus
Strong presentation and written communication skills, comfortable speaking in front of clients
Interpersonal skills to help foster an inclusive culture of teamwork and knowledge sharing
Fluent in English. Cantonese/Mandarin a plus but not mandatory
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.
Top Skills
What We Do
As the world’s largest asset manager, BlackRock partners with investors around the globe to help them (and those on whose behalf they invest) plan for life’s most important goals – like retirement, home ownership and their children’s education. Our clients range from governments, foundations and other large institutions to those investing on behalf of individuals, including firefighters, nurses, teachers and factory workers.
BlackRock was founded with the idea of creating a better asset management firm — one that was purpose-driven, focused on clients and risk management, and propelled by data and technology. Our breakthrough Aladdin® platform is BlackRock’s technological backbone, helping investors see and manage their whole portfolios in one place – from constructing investments to monitoring risk and executing trades. Used by hundreds of external institutions around the world, Aladdin combines powerful analytics and a common language to help investment teams make faster, more informed decisions across public and private markets. It’s a key part of our business and one of the reasons we’re trusted to manage more assets than any other investment manager today.
At BlackRock, we challenge conventions and raise the bar for what’s possible. We harness technology to unlock new solutions, simplify complexity, and deliver investment strategies that meet people where they are. Whether it’s retirement planning, wealth building or navigating market shifts, we’re here to help clients invest more easily, more affordably and with more choice as we chart a path toward financial well-being together.
Learn more: Careers.BlackRock.com
Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
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Employees engage in a combination of remote and on-site work.
BlackRock has 25,000 employees across more than 100 offices in over 40 countries around the world.