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BlackRock’s Transition Management team helps institutional clients restructure their investment portfolios, acting as a bridge between their existing and desired allocations. A transition can be anything from a manager change to a full-scale plan merger. We deliver a modern approach to project management, portfolio risk management and trade execution to help clients reduce costs and minimize risk during periods of significant portfolio turnover. We deliver the best of BlackRock’s expertise in risk management, trading and technology directly to clients.
Job Responsibility:
Manage portfolio construction and positioning during live transition assignments
Preparing orders and sending them to our Global Trading team, partnering with them to oversee execution and exposure management
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 our product
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 including a willingness to develop talent within the team with a mentorship approach
Ability to multi-task, prioritize contending demands in a fast-paced environment and are driven
High energy, curiosity, problem solving mentality, and attention to detail
A strong propensity for technology and an entrepreneurial eye towards innovation in processes and workflows
Familiarity with a programming language such as Python, or willingness and desire to learn