Vice President, Portfolio Management - Index Fixed Income

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.

Job Purpose/Background:

The EMEA Indexed Fixed Income Portfolio Management team has responsibility for managing a complex book of business spanning 300 accounts, $500bn AUM, across ETFs, Index Mutual Funds and Segregated Accounts. The team is responsible for ensuring that the portfolios meet their investment objectives and are managed in a consistent and risk-controlled manner.

Key Responsibilities:

• Working in the Indexed Fixed Income Credit team in EMEA. This is a book of 90+ portfolios and ~$150bn in AUM.
• Responsible for managing Credit portfolios across ETF, Index Mutual Funds and Segregated accounts.
• Ensure that all portfolios are managed to the highest fiduciary standards within their tracking error targets.
• Daily investment of portfolios client cash flows/custom baskets in a risk-controlled manner across the book of business.
• Implementing and sizing new issues in a pragmatic manner across the book of business.
• Managing large index events, rebalances and corporate actions in a risk-controlled way
• Managing fund transitions and transfers, working closely with BlackRock’s Trading team to ensure optimal execution
• Working with partner teams to be on top of risk and performance metrics

• Partner with iShares and Product Strategy to build the IG Credit & Emerging Markets business both in terms of growing the existing book and contributing towards new client pitches
• Help drive team’s ESG efforts from a Credit perspective.
• Be involved in designing and researching innovative products/solutions for clients in collaboration with Product teams.
• Be a leader in efforts towards building the future state of Portfolio Management by working closely with our Architecture team on the Algo framework and other automation efforts
• Contribute towards the client experience by participating in portfolio reviews and client pitches.

Knowledge/Experience:

• 5-8 years professional work experience in a Fixed Income or Investments related role
• Keen interest in financial markets
• Knowledge of IG/HY Credit and/or Emerging Markets Debt

• Strong process-oriented background including introduction of controls & procedures. 

• Strong risk management awareness and ability to proactively manage credit portfolios
• Experience in nuances of Fixed Income benchmarks

• Knowledge of Aladdin tools like PfC, PfM, Dashboard and Explore beneficial
• Experience/ Understanding of ETF Create/Redeem process beneficial

Skills/Qualifications:

• Coding experience in Python essential. Interest in data analysis/ visualisation using Tableau also beneficial.

• Successful experience working both independently and as part of a team in a fast-paced, entrepreneurial environment; drive to succeed.
• Strong interpersonal skills are a must as will have to deal with several internal teams such as Architecture, Capital Markets, Sales, Product Strategy, Risk and Quantitative Analysis etc.
• Demonstrated planning and organization skills and the proven ability to work efficiently under pressure. Ability to work with challenging situations in a mature manner.
• Impeccable attention to detail
• Strong analytical, organizational and project management skills.
• Strong communication and interpersonal skills.
• Sound judgment, professionalism and discretion.

If you think you are interested in this role but don’t necessarily tick every bullet point above – we are interested in hearing from you and seeing what you have to offer. This is a unique opportunity to be a part of a market leading, collaborative and dynamic team that has a strong passion for innovating in the world of indexed investments.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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, race, religion, sex, sexual orientation and other protected characteristics at law.