BlackRock's Portfolio Management Group (PMG) is looking for a Separately Managed Account (SMA) Portfolio Specialist to support our Core PM SMA Team in the Princeton office. As a Portfolio Specialist, you will build relationships internally with Portfolio Managers, Trading Desks, Operations and the Sales organization as well as externally with clients and Financial Advisors. On a day-to-day basis, you will actively deliver a broad set of separately managed account investment solutions across various platforms and sponsors, ensure accurate model implementation, and minimize performance dispersion for a rapidly growing client population. In addition to having a passion for markets and investing, a successful candidate will bring robust technology skills to help develop and drive process efficiencies and automation of manual tasks, while providing fresh perspectives on ways to increase scale across a rapidly growing business.
Develop an expert knowledge of the Team's trade modeling and order creation systems
Trade client accounts - invest/divest assets as appropriate, rebalance accounts, etc.
Research & resolve individual account discrepancies to ensure a consistent client experience and minimize investment and operational risk
Handle incoming FA inquiries, provide a professional investment experience and resolve account-related issues accurately and efficiently
Provide thoughtful ideas and contribute to the streamlining of processes through technology enhancements and automation
Produce various internal reports relating to trading and investment performance on a timely and accurate basis
Assist Portfolio Managers in handling significant new account growth
Provide basic financial market information via Thomson, Bloomberg, etc.
Produce reports for managing the business
Prepare client and prospect presentations, including gathering statistical data
Develop a broad understanding of BlackRock's SMA product offerings
BA/BS is required or considerable portfolio support experience
Strong technology skills and proficiency with Excel, Python and SQL is highly preferred
Demonstrated experience working both independently and as part of a team in a highly collaborative environment
Experience with trading and implementation of separately managed accounts (SMA's) is preferred
Ability to prioritize responsibilities and manage multiple tasks in a fast-paced environment, while demonstrating meticulous attention to detail
Strong process awareness and ability to identify and address operational risk issues
Demonstrated ability to effectively communicate and present in group settings
Series 7 and 66 highly desired, must be attained within six months of hire if not already licensed
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.
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 careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.