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The PM Architecture team are designing and developing portfolio construction algorithms to significantly increase automation and productivity across IFI globally. They are also partnering with Technology teams to develop the core platform with which to deploy algorithms robustly at scale. Algorithms have already been successfully deployed which are event-based and automatically propose order lists that rebalance funds back to target. A key focus is developing algorithms and analytics to support the rapid growth of Fixed Income ETFs.
Job Responsibility:
Design efficient algorithms and optimizers to automate key portfolio construction processes
Develop both prototypes and production tools
Partner with PMs to integrate these tools into daily processes and continually refine them
On occasion, undertake portfolio management activities to develop a deeper understanding of specific investment processes
Partner with BlackRock Technology teams to design and develop the core “Algo Platform”
Develop other desk tools to support the PM investment process
Partner with BlackRock Technology teams to ensure existing applications continue to evolve to support PM needs
Develop reporting methods & analytics on new tools to ensure improvements can be measured
Requirements:
Strong quantitative background (at least BA/BS in Maths/Science/Engineering/related discipline)
Strong programming skills in at least two of the following: Python, Visual Basic, R, MATLAB, Java, C++
Experience of working as Portfolio Manager, either directly or alongside
Working knowledge of Fixed Income markets
Familiarity across a range of funds and investment styles (index/active, fundamental/quantitative)
Excellent problem-solving skills and process-oriented approach