Description

About this role

BlackRock is one of the world’s preeminent asset management firms and a world class provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock Solutions (BRS) provides clients with access to the risk analytics and investment platform used to support BlackRock's asset management business. By combining sophisticated risk analytics and investment systems with capital markets and business process expertise, BlackRock Solutions helps clients address a variety of risk management and investment process challenges. BlackRock Solutions’ Aladdin® platform is an operating system for investment managers that combines sophisticated risk analytics with comprehensive portfolio management, trading, and operations tools on a single platform to power informed decision-making, effective risk management, efficient trading, and operational scale.

We are looking for a Performance Attribution Specialist in the PAG Analytics Delivery and Adoption (ADA) Team to help support the ever- growing demand for Aladdin’s performance measurement and performance attribution capabilities.

Performance attribution plays a key role in the investment process, both as a feedback loop in the investment process as well as providing a means of articulating the implication of investment decisions to clients. ADA plays a coordinating role in defining product strategy, conceptualizing, designing, testing, and deploying new capabilities, working closely with financial modelers, engineers, product managers and users. You will also work with clients and relationship managers to ensure that clients are getting the most out of Aladdin’s performance capabilities and that client feedback is addressed appropriately.

We offer a multifaceted, team-oriented environment with tremendous learning and growth potential.

Key Responsibilities

• Work with Financial Modeling Group (FMG) and Aladdin Product Management to analyze, create specifications for and test enhancements to performance measurement and attribution calculation and presentation capabilities

• Support deployment and implementation of performance and attribution, particularly in guiding decisions around tailoring performance attribution to be meaningful to the investment process and coordinating between analytics team, development team and production operations to ensure successful delivery

• Provide thought leadership to help drive the agenda for performance-related product development by maintaining a good understanding of demand from clients and prospects. Keep abreast of market trends and their implication for performance measurement.

• Provide performance measurement and attribution subject matter expertise as a senior point of escalation for client inquiries and production challenges; and provide documentation of performance and attribution calculations and methodology

• Work with client teams and business development to help deliver performance and attribution-related presentations and pitches to clients and prospects

Qualifications

• 6-10 years of work experience with a keen interest in performance measurement, performance attribution and portfolio management process. Backgrounds rooted in analytics, accounting, risk, and performance are all of interest

• Alternatives experience is preferred but knowledge of equity and/or fixed income is required

• Proven subject matter expertise in performance measurement and performance attribution tools and techniques

• Ability to present to clients and prospects and relate their business needs to the Aladdin toolset in both formal and informal settings

• Familiarity with aspects of the broader investment lifecycle (e.g. operational processes) that impact performance measurement and risk production

• Strong analytical skills, critical thinking, and problem-solving abilities

• Good interpersonal skills (written and verbal), organizational skills; a self-starter with ability to perform and communicate under pressure

• Ability to work well within a team structure in a fast-paced, hard-working environment

• Familiarity with the software development lifecycle is helpful.

• Minimum proficiency in Excel, SQL and Python required

• CFA or FMG designation is a plus

For New York City only: The salary range for this position is $147,250 – $185,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, 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 current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees. In line with local health guidance and regulations, employees are 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. The health, safety and well-being of our people will always be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

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.