Multi-Asset Strategies & Solutions (MASS) - Associate, Custom Model Solutions (CMS)
BlackRock
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BlackRock’s Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative alpha insights. Our team of 350+ multi-asset investment professionals construct active asset allocation strategies and whole portfolio solutions...
DescriptionAbout this role
BlackRock’s Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and innovative alpha insights. Our team of 350+ multi-asset investment professionals construct active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels. Currently, MASS handles over $900 billion in assets and has a strong presence in the Americas, EMEA and throughout Asia Pacific.
This role will be a key member of the BlackRock Multi-Asset Strategies & Solutions – Custom Models Solutions team. The team works alongside Portfolio Managers and focuses on commercializing model portfolios for Financial Advisors and their clients.
The widespread adoption of Model Portfolios is one of the most significant evolutions in the Wealth Management industry over the last decade! As the industry drives towards greater simplicity, clarity, cost efficiency, and goals-based financial planning, the Custom Models Solution Business (CMS) is uniquely positioned to support advisors and accelerate the adoption of model portfolios. Through CMS, advisors can tap into BlackRock’s industry leading model portfolio investment framework to build a differentiated suite of custom model portfolios tailored to the needs of their business.
This role is an opportunity to join a high growth, multi-billion-dollar business and a dynamic team in a fast-evolving market! It will require a strong combination of leadership, investment, and client interpersonal skills.
As a CMS Client PM you will be encouraged to:
Construct model portfolios:
- Design custom model portfolios for specific wealth management clients that marry the client’s customization requests with BlackRock’s investment view, as defined by the Model Portfolio Solutions team.
- Define and maintain portfolio substitution and optimization rules using Blackrock’s portfolio construction tools.
- Work closely with model portfolio managements teams, bringing to bear their systematic investment and market insights
Support clients and sales
- In close partnership with USWA Market Teams, deliver the CMS value proposition to clients – position resources, capabilities, and services to increase demand.
- Assist in new business engagements and support existing client relationships by delivering BlackRock’s best thinking on ongoing basis
- Build strong relationships with sales, distribution partners and advisory clients to deliver commercial results aligned with business objectives.
Manage projects to drive growth and scale the business:
- Support critical initiatives to scale the CMS business and its integration across MASS and other parts of the firm
- Think creatively about ways to improve the CMS operating model and deliver on automation and scale-oriented projects to support the business’s growth objectives and risk mitigation.
Qualifications/Skills
- BA/BS required. Advanced Degree / CFA / CAIA / CFP, or progress towards, is strongly preferred
- A minimum of 2 years investment or asset management experience
- Client facing experience in building advisor portfolios
- Combination of investment, analytical, technical and client skills
- Student of the market with fluid understanding of financial markets, portfolio construction and analysis
- Entrepreneurial with a sense of ownership and keen sense to build a business
- Strong organizational skills with attention to detail and process
- Collegial demeanor and eagerness to partner with numerous teams across MASS and the broader firm
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 3 days in the office each week, with the flexibility to work from home up to 2 days a week; some business groups may require more time in the office due to their roles and responsibilities. Beginning in September, all employees will shift to at least 4 days in the office per week, with the flexibility to work from home 1 day a week. 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.
About BlackRock
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.
This job is no longer accepting applications
See open jobs at BlackRock.See open jobs similar to "Multi-Asset Strategies & Solutions (MASS) - Associate, Custom Model Solutions (CMS)" Georgia Fintech Academy.