About this role
Company: BlackRock Financial Management, Inc.
Job Title: Vice President, Portfolio Management - Fixed Income
Location: 50 Hudson Yards, New York, NY 10001
Job Duties: Manage risk and duration exposure for multi-currency fixed income portfolios within risk tolerances in compliance with client and fund guidelines and restrictions. Support the CIOs and senior portfolio managers in running portfolios, contributing to investment decision-making, portfolio construction, and risk management. Ensure portfolio implementation across multiple strategies, ensuring efficient trade execution, liquidity management, and alignment with investment views. Drive consistency of portfolio exposures relative to mandates, house views, and risk budgets, proactively identifying and resolving drift or unintended positioning • Manage daily portfolio responsibilities including performance monitoring, risk oversight, rebalancing, cash flow rebalancing, and attribution analysis. Produce customized reporting and presentation materials required for client meetings. Help develop automation, analytical tools, and scalable processes to improve efficiency and operational robustness across portfolios. Lead and mentor junior portfolio managers and analysts, fostering a culture of accountability, rigor, and continuous improvement. Global Fixed Income (GFI) platform offers fixed income investors with one of the industry's broadest arrays of investment choices across index, model-based, and fundamental investment styles. This position is primarily involved with fundamental fixed income portfolios with an active management strategy. Portfolio managers in this position are expected to represent their portfolio strategy in front of existing and prospective clients. This involves conducting and preparing presentation materials for periodical portfolio performance reviews, presenting macro outlook for clients, and building customized model portfolios for prospective clients who are considering a potential investment with our strategy.
Qualifications: Bachelor's Degree or foreign equivalent in Financial Economics, Finance, Economics, Business Management, or related field and 60 months in job offered or closely related role. Position requires five (5) years of experience in the following: Performance attribution, and benchmark construction; Utilizing programming, data querying, and scripting languages including R, Python (including Pandas), SQL and advanced Excel, including VBA, to handle large datasets; Utilizing Aladdin API to automate portfolio reporting; and client facing or external client engagement. Position requires two (2) years of experience in the following: Fixed Income Global Bond portfolio management, portfolio construction, risk management, compliance and operations, and trading, including trading of benchmark extensions across the Global Aggregate Universe; Fixed Income Global Bond relative value analysis across Foreign Exchange, Global Sovereign Bonds, Supranational, Agency Bonds, Covered Bonds, Agency Mortgage Backed Securities, Investment Grade Credit, High Yield Credit, Loans, Asset Backed Securities, Collateralized Loan Obligations, Commercial Mortgage Backed Securities, Non Agency Mortgage Backed Securities, and Private Placements
To apply, please click "Apply" on this webpage.
For New York, NY Only the salary range for this position is USD$188,178.00 - USD$210,000.00 . 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.
