Associate, Index Asset Allocation Portfolio Manager

$105,000 - $137,500/Yr

BlackRock - San Francisco, CA

Full-time - Entry Level

Remote - San Francisco, CA

Funds, Trusts, and Other Financial Vehicles

About the position

The Associate, Index Asset Allocation Portfolio Manager role at BlackRock involves managing portfolio implementation for various equity, fixed income, and multi-asset funds for clients in the US and Canada. The position emphasizes collaboration, skill development, and effective communication within a team-oriented environment, focusing on delivering high-quality investment results and solutions.

Responsibilities

• Perform daily fund management tasks including handling client contributions and redemptions, portfolio rebalancing, and performance attribution.
• Utilize market experience and knowledge of index construction in portfolio management and investment solution design.
• Collaborate with developers to enhance business tools and processes.
• Support management and client-facing groups in reporting business metrics and ad-hoc requests.
• Partner with internal stakeholders in managing new fund launches and restructures.
• Analyze datasets and leverage coding to drive investment outcomes.
• Build expertise in managing large-scale portfolio management processes and complexity around mandate changes, transitions, or market events.
• Foster strong working relationships with internal teams in Index Equity, Fixed Income, FX, Trading, Risk & Quantitative Analysis, Business Operations, and Client Business.

Requirements

• 2+ years within the financial services industry
• Bachelor's degree in finance, data science, or related field
• Interest in financial markets and portfolio management
• Ability to multi-task and prioritize assignments in a fast-paced environment
• Excellent verbal and written communication, teamwork, and relationship-building skills
• Curious and self-motivated with attention to detail
• Experience with SQL, Python, or any coding is a plus
• Flexible to work market hours

Nice-to-haves

• Experience in portfolio management
• Knowledge of investment solutions
• Familiarity with performance attribution techniques

Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)