About this role
Company: BlackRock Investment Management, LLC
Job Title: Associate
Location: 50 Hudson Yards, New York, NY 10001
Job Duties: Facilitate client due diligence by setting up meetings with portfolio managers and providing them all necessary reporting and data. Procure, communicate and deliver investment solutions to BlackRock clients in the US market. Manage existing client schedule of monthly, quarterly and annual portfolio requests. Analyze search trends with proprietary tools such as Aladdin CRM to propose potential opportunities and construct future team priorities. Liaise with portfolio managers, retail sales, marketing, legal and compliance for RFP/RFI accuracy and completeness. Provide and demonstrate analysis of mutual fund and exchange traded fund data to Morningstar and Lipper (3rd party organizations) to assist in ongoing efforts to improve their fund category databases and maintain placement of BlackRock funds in preferred categories. Distribute Separately Managed Account data including performance indicators, AUM, applicable asset class exposures etc to Morningstar as part of their data dissemination service. Utilize Aladdin (proprietary data management and risk management tool) and its subapplications in tracking, analyzing and distributing mutual fund, sub-advised and ETF portfolio data to internal stakeholders as well as clients. Oversee and manage BlackRock's independent audit process (undertaken through Deloitte) of 3rd party classification database compliance controls.
Qualifications: Master's degree in Business Analytics, Finance, Economics, or related field and 12 months of experience in job offered or closely related role. ALT REQUIREMENTS: Bachelor's degree or foreign equivalent in Business Analytics, Finance, Economics, or related field, and 36 months of experience in job offered or closely related role. Position requires one year of experience in the following: Financial advisory services; Analysis of financial reports using data visualization tools including Power BI, Tableau, Excel, Morningstar Performance Dashboard, or Morningstar Flows Dashboard; Educating clients on financial markets, securities, and instruments, including equities, fixed income, and derivatives; Analyze and present financial market trends using ADAM, and Goldman Sachs 360; Tableau; Bloomberg Wire; Data analytics; Risk Management for Financial Services Industry; ETF
To apply, please click "Apply" on this webpage.
For New York, NY Only the salary range for this position is USD$158,000.00 - USD$200,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
