Associate/Vice President - Portfolio Manager

3w3 weeks ago

BlackRock

London, GB · Full-time · £95,000 – £160,000

About this role

Systematic Active Equity (SAE) is the quantitative equity investment group at BlackRock managing approximately $300bn in client assets using quantitative insights in a scalable process. SAE has achieved client investment goals across global equity markets for over 40 years, serving corporate pension plans, public pension plans, central banks and sovereign wealth funds.

The Platform PM team handles portfolio implementation and management responsibilities across Developed and Emerging Market portfolios. Emphasis is placed on adhering to effective, risk-controlled and consistent processes while supporting ongoing platform improvements and research contributions.

Team members work alongside SAE Portfolio Management, Research, Product Strategy and Business Management to execute commercial initiatives and onboard new products and clients. Partnership with BlackRock business partners drives system enhancements and investment process improvements.

This role offers considerable scope for the right individual to impact the success of the team and broader SAE business through operational excellence and a culture of investment risk control.

Requirements

Degree in a quantitative field such as computer science, engineering, physics, math, finance or economics
2+ years in a portfolio management-related or trading role with equities, futures and FX experience
Knowledge of Aladdin; programming skills in Python, MATLAB or other languages; knowledge of AI applications is desirable
Knowledge of ETF portfolio management is a plus
Detail-oriented, team oriented and self-motivated with a desire to work across a wide range of portfolio types
Interpersonal skills that align with a culture of teamwork, learning and knowledge sharing

Responsibilities

Manage portfolio cash flows including subscriptions, redemptions and equitizations
Manage portfolio FX exposures and derivative lifecycle events for futures, TRS, FX forwards and options
Manage daily processes and rebalance activity for absolute return funds, active ETFs and other long-only and long-short portfolios
Rebalance futures, FX overlay and portable alpha strategies while ensuring compliance with investment guidelines
Monitor, submit elections and ensure proper processing of corporate actions
Deliver operational excellence and foster a culture of investment risk control and compliance
Work alongside SAE teams to execute commercial initiatives and onboard new products, mandates and clients

Benefits

Retirement investment and tools to help build a sound financial future
Access to education reimbursement and comprehensive resources for physical health and emotional well-being
Family support programs and Flexible Time Off (FTO) to relax and recharge
Hybrid work model enabling collaboration with at least 4 days in the office per week