Vice President, Portfolio Management - Transition, BlackRock Global Markets (BGM) at BlackRock

San Francisco, California, United States

Apply Now

Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Investment Management, Financial ServicesIndustries

Requirements

5+ years of experience in the Financial Services industry, in portfolio management, trading, transition management, or a related function
A passion for and strong understanding of capital markets, financial instruments, portfolio hedging and optimization, and multi-asset allocation strategies
Deep knowledge of transaction cost and portfolio risk analytics
Excellent interpersonal skills and a track record of teamwork and collaboration

Responsibilities

Manage portfolio construction and positioning during live transition assignments
Prepare orders and send them to the Global Trading team, partnering with them to oversee execution and exposure management (including equities, fixed income, currency, and futures/forwards)
Develop efficient trading and hedging strategies, with detailed execution plans
Prepare and present pre-trade analysis reports that clearly explain the proposed strategy and detail the expected transaction costs and risk
Engage with clients throughout the course of a transition to communicate market conditions, transition progress, and portfolio performance
Stay abreast of and research the applicability of new sophisticated trading mechanisms, strategies, risk tools, and liquidity sources to help evolve the product
Craft the trade strategy, directly manage each portfolio's exposures and positions, and serve as the client's go-to resource for understanding current market liquidity conditions, active portfolio exposures, and how these factors tie into the transition outcome
Partner closely with BlackRock’s equity, fixed income, and FX traders across all regions and develop expertise in these markets

Skills

Key technologies and capabilities for this role

Portfolio ManagementRisk ManagementTransition ManagementTrade ExecutionProject ManagementMulti-Asset InvestingInstitutional Investing

Questions & Answers

Common questions about this position

What is the employment type for this role?

This is a full-time position.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What are the main responsibilities of the Transition Portfolio Manager?

The role involves managing portfolio construction and positioning during live transitions, preparing orders and partnering with the Global Trading team for execution and exposure management across equities, fixed income, currency, and futures/forwards, while serving as the client's go-to resource for market liquidity and exposures.

What is the team structure like for BlackRock's Transition Management?

The team has over 50 transition professionals globally, runs more than 200 transitions a year from offices in London, New York, San Francisco, Tokyo, and Hong Kong, with the Transition Portfolio Manager co-owning implementation alongside another function.

What kind of experience makes a strong candidate for this role?

Strong candidates will have expertise in portfolio risk management, trade strategy development, and market knowledge in equities, fixed income, FX, and derivatives, with the ability to partner with traders and manage client transitions effectively.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free