Private Markets Risk Manager, Director at BlackRock

London, England, United Kingdom

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Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Asset Management, Private Markets, Financial ServicesIndustries

Requirements

A degree in finance, economics, or a related field. Advanced degree or certifications (e.g., MBA, CFA, etc.) preferred
12+ years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) required
Previous experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferred
Strong written/oral communication and interpersonal skills with a track record of articulating independent thinking with conviction
Ability to anchor relationships with lead portfolio managers and build a network across BlackRock and externally
Highly organized, proactive, and exhibiting impeccable attention to detail
Ability to bring innovative ideas into the portfolio construction and risk management process

Responsibilities

Daily risk management and oversight of private credit portfolios, including review of new deals going to investment committee
Partner with investment teams and businesses to ensure that risks are fully understood, consistent with client objectives, and appropriately mitigated
Communicate with impact and provide constructive challenge to decision makers to influence portfolio construction and drive better investment decisions
Assess portfolios’ ability to withstand market and economic stress by conducting scenario analysis and stress tests
Drive continuous evolution in portfolio analytics and risk monitoring tools in partnership with team members across RQA, portfolio management, and financial engineering
Work collaboratively with peers across RQA and help mentor junior risk managers

Skills

Key technologies and capabilities for this role

Quantitative AnalysisRisk ManagementPrivate CreditPortfolio AnalysisMarket AnalysisInvestment OversightCommunication SkillsInfluencing Skills

Questions & Answers

Common questions about this position

What qualifications are required for the Private Markets Risk Manager role?

A degree in finance, economics, or a related field is required, with an advanced degree or certifications like MBA or CFA preferred. Candidates need 12+ years of experience in the financial services industry, such as asset management or investment banking, and previous experience as a risk manager or investment analyst in corporate credit, private credit, or private equity is preferred.

What are the key responsibilities of this position?

Key responsibilities include daily risk management of private credit portfolios, partnering with investment teams to mitigate risks, communicating to influence decisions, conducting scenario analysis and stress tests, evolving analytics tools, and mentoring junior risk managers.

What is the company culture like in BlackRock’s RQA group?

RQA is committed to investing in people for individual enablement and collaboration, fostering a culture of inclusion that encourages teamwork, innovation, diversity, and development of future leaders, with active discussions on career growth.

Is this a remote position, or is there a location requirement?

This information is not specified in the job description.

What salary or compensation does this role offer?

This information is not specified in the job description.

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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