Associate, Portfolio Specialist

Portfolio Specialist

Black Rock's Separately Managed Account Solutions (SMA Solutions) is seeking a Portfolio Specialist to work within the dynamic and fast-paced environment of our Fixed Income 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 we are seeking will bring robust technology skills to help develop and drive process efficiencies and automation of manual tasks, while providing new perspectives on ways to increase scale across a rapidly growing business!

• Develop 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 improvements 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 running the business
• Prepare client and prospect presentations, including gathering statistical data
• Develop a broad understanding of Black Rock's SMA product offerings

• BA/BS is required or considerable portfolio support experience
• Series 7 and 66 licenses or the ability to obtain within the first 3-6 months of employment required
• Strong technology skills and proficiency with Excel, Python, and SQL are highly preferred
• Demonstrated experience working both independently and as part of a team in a highly collaborative environment
• Experience with Aladdin is preferred
• Experience with trading and implementation of separately managed accounts (SMAs) 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
• Fixed Income market knowledge preferred

For Princeton, NJ Only the salary range for this position is USD$ - USD$. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. Black Rock 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 Black Rock'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…