Portfolio Management Engineer, Vice President at BlackRock

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Financial Services, Investment ManagementIndustries

Requirements

Strong quantitative background (at least BA/BS in Math/Science/Engineering/Computer Science)
Development expertise in Python
Deep understanding of Active Investment Processes (Research and Portfolio Management) across sectors or asset classes
Working knowledge of Fixed Income markets
Working knowledge of the ETF as an investment vehicle
Familiarity across a range of funds and investment styles (index/active, fundamental/quantitative)
Excellent problem-solving skills and process-oriented approach
Excellent teamwork and communication skills
Experience

Responsibilities

Design, build, and manage ETF primary platform technology and infrastructure
Architect scalable active ETF investment processes across a variety of investment teams
Design, build, and implement algorithms spanning research, pre-trade analytics, portfolio construction, workflow automation, and investment control
Develop both prototype and production tools
Develop reporting methods & analytics on new tools to ensure improvements can be measured
Collaborate with BGM Architecture teams to build common libraries and components
Partner with PMs to integrate primary platform capabilities into daily processes and continually refine them
Partner with Product Engineering to ensure primary platform supports product commercial outcomes
Partner with Capital Markets to ensure primary platform supports Liquidity Provider operating models and enhances fund market quality
Partner with Aladdin Financial Engineering to design and implement predictive analytics and optimization-based solutions
Partner with BlackRock Technology teams to continue to develop the core “Algo Platform”

Skills

Key technologies and capabilities for this role

Portfolio ManagementETF TradingCreations & RedemptionsAlgorithm DevelopmentInvestment ProcessesPrimary Market TradingQuantitative StrategiesRisk ManagementData Driven ProcessesScalable Technology

Questions & Answers

Common questions about this position

What are the key responsibilities of the Portfolio Management Engineer role?

Key responsibilities include designing and building ETF primary platform technology and infrastructure, architecting scalable active ETF investment processes, developing algorithms for research, pre-trade analytics, portfolio construction, and workflow automation, creating prototype and production tools, developing reporting and analytics, collaborating with architecture teams, and partnering with PMs to integrate capabilities into daily processes.

What skills and experience are required for this position?

Successful candidates need familiarity with diverse investment strategies and strong technical capabilities to develop robust prototypes for improving the PM create/redeem process, along with experience designing technology, algorithms, and investment processes for ETF primary market trading.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What makes a strong candidate for this Portfolio Management Engineer position?

A strong candidate will have familiarity with diverse investment strategies, strong technical skills for developing prototypes and production tools, and the ability to collaborate with PM and technology teams to integrate solutions into workflows.

BlackRock

About BlackRock

New York City, New YorkHeadquarters

1988Year Founded

$78,647.7MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

Benefits

Health Insurance

Unlimited Paid Time Off

Mental Health Support

Wellness Program

401(k) Retirement Plan

Risks

FDIC scrutiny could lead to regulatory challenges for BlackRock.

Workforce reduction may indicate internal financial pressures or strategic shifts.

Involvement in Yangzijiang Shipbuilding exposes BlackRock to geopolitical risks.

Differentiation

BlackRock's Bitcoin ETF, IBIT, reached over $50 billion in assets quickly.

The firm is developing a layer-2 tokenized real-world asset platform on Ethereum.

BlackRock's partnership with Frax Finance enhances its stablecoin market presence.

Upsides

IBIT's success attracts a broader range of cryptocurrency investors.

The Ethereum platform positions BlackRock as a leader in blockchain financial services.

Partnership with Frax Finance enhances digital finance offerings and compliance.

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