Associate/vice President, Ldi Core Portfolio - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Description

About this role

About the team

The Fixed Income departments at BlackRock, part of the comprehensive Portfolio Management Group (PMG), manage more than $2.5 trillion in fixed income assets across index, active, and the $307B liability driven strategies business.

The PMG Fixed Income platformoffers fixed income investors one of the industry's broadest array of investment choices across index, model-based and fundamental investment styles.

The Liability Driven Investment (LDI) business is a distinct part of Global Fixed Income which leverages the breadth and depth of the entire fixed income platform when delivering investment solutions for our clients.

BlackRock has been managing LDI mandatesfor over 20 years.

We are passionate about designing and implementing fixed income solutions to help, primarily, pension fund clients to meet their long-term investment objectives.

We are an investment team with offices located in New York, Atlanta, San Francisco,London, Gurgaon, and Budapest split across Client Portfolio Management and Core Portfolio Management sub-teams.

Our day to day activities range from monitoring the markets, modelling solutions and formulating the investment proposition, to trade construction,to designing the operational structure of the mandate and working with multiple BlackRock teams to implement it.

The LDI Core Portfolio Management team is responsible for trade construction, implementation and ongoing mandate and risk management of LDI investment solutions to institutional investors.

The Core PM team ensures that clients' portfolios meet their investmentobjectives and are managed in a consistent and risk-controlled manner.

Key responsibilities

You will be the primary coder for LDI Core PM technology initiatives to develop and manage the code base used by the LDI Core PM team.

Specific stages you will be responsible for:

Identify and scope out automation opportunities (both for existing activities and new products) on LDI Core PM team and inputting into prioritisation process
Design efficient algorithms and optimizers to automate key portfolio construction processes
Develop both prototypes and production tools
Create Unit and Integration Tests to test code
Develop other desk tools to support the Core PM investment process
Partner with Core PMs to integrate these tools into daily processes and continually refine them
Develop reporting methods and analytics on new tools to ensure improvements can be measured
Observing and contributing to improving best practices with regards to the governance of the codebase
Working with PMs and partner teams throughout the code release cycle including managing version control, obtaining or providing the appropriate levels of peer review and sign offs.
Upskilling and training Core PMs on new technology and assist in integrating into established processes
Partner with LDI Core PM Technology Lead and Index Core PM Architecture Team Lead to ensure coding governance reviews and recertifications are undertaken in a timely manner

Skills and experience required

Solid quantitative background (at least BA/BS in IT, Computer Science or in a Technologyrelated field)
Strong focus on Python
Involvement in endtoend development process, including turning requirements into code, and facilitating successful testing and release into production
Excellent verbal and written English skills
Problemsolving skills and processoriented approach
Excellent teamwork and communication skills
Knowledge of Fixed Income markets beneficial
Knowledge of BlackRock Aladdin tools beneficial

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources tosupport your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock's current hybrid work model is designed to enable in-person connections and collaboration that is core to our culture, while supporting increased flexibility for all employees.

In line with local health guidance and regulations, employees are requiredto work at least 3 days in the office each week, with the flexibility to work from home up to 2 days a week.

Some business groups may require more time in the office due to their roles and responsibilities.

The health, safety and well-being of our people willalways be our top priorities; we will continue to monitor local conditions and health advisories in making decisions about our work environments.

About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.

Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses.

Their investments also help to strengthen the global economy:

support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees.

It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunitiesto help them thrive.

BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at