Director, Securitized Fixed Income Risk Manager (m|f|x) New York

BlackRock is a global asset manager and technology provider dedicated to helping more and more people experience financial well-being.

We help millions of people invest to build savings that serve them throughout their lives. We always start with our clients’ needs and look to offer them more quality choices for how and where to invest their money.

Our global investments platform offers our clients access to the world’s markets while making investing easier and more affordable. And with offices in more than 40 countries, our global expertise helps them navigate changing markets to stay ahead of the curve.

Tasks

You will be the senior risk manager for BlackRock’s US Securitized platform including agency mortgages, mortgage credits, CMBS and ABS. You will partner with the fixed income investment team to deliver independent risk oversight, risk advice, and provide quantitative analysis to assist with portfolio construction, product design and investor engagement.

The RQA Fixed Income risk management team is seeking a senior candidate with Securitized risk management experience to support the risk management efforts of our ~$100B Global Securitized platform. Responsibilities include both day-to-day risk management and contribution to strategic projects to enhance risk and portfolio management processes.

• Function as the lead risk manager overseeing BlackRock’s Agency MBS, CMBS, ABS and Mortgage Credit business
• Manage business relationships with the Head of the Securitized investment business and lead portfolio managers, both as an independent risk fiduciary and a value-add partner
• Provide independent, constructive challenge of portfolio risk taking, exposure, portfolio construction and performance analysis
• Conduct regular risk meetings with analyses and deep dives on risk and performance to portfolio management teams
• Perform quantitative analysis to help investors understand risk analytics, risk models, performance attribution and help improve investment process
• Partner with BlackRock Aladdin risk modeling team to deliver state-of-the-practice risk analytics and risk models through the Aladdin platform
• Work with RQA Core Risk Management team and Aladdin technology teams to improve risk reporting infrastructure
• Collaborate with peers in RQA investment risk and enterprise risk, manage and develop junior team talent.

Profile / Your qualification / Your personality

• Advanced degree in a quantitative discipline and 10+years of work experience in fixed income and especially Securitized markets
• Strong knowledge of Securitized market products, investment and risk management for buy-side Securitized portfolio management required
• Deep understanding of Securitized risk models and risk analytics, demonstrated experience in working with risk modelers to enhance risk models based on risk and investment needs
• Excellent interpersonal, leadership and oral/written communication skills. Ability to communicate, influence and engage with senior level portfolio managers on risk discussions
• Strong technical skills and programming skills in Python, familiarity with BlackRock’s Aladdin risk system is a strong plus.
• A strong work ethic and ability to work effectively in a team environment and adhere to tight deadlines.

That awaits you

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

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Location

50 Hudson Yards, US-10001 New York