AddressAbout this role
Title: Director, RQA Alternatives Risk Manager
Job Description
Business Overview
BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s Risk Management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.
RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.
Alternatives Risk Management
BlackRock manages over $300 billion in alternative assets. You will partner with the Global Private Debt and Equity Private Markets businesses to deliver independent risk oversight and advice, and provide rigorous analysis to assist with portfolio construction and performance measurement, with a focus on private credit and private equity portfolios.
Key Responsibilities:
Daily Risk Management and oversight of portfolios, ensuring risks are fully understood by RQA, portfolio managers and key stakeholders
Partner with investment teams and businesses to ensure that risks are fully understood, consistent with client objectives, and appropriately mitigated
Communicate with impact and provide constructive challenge to decision makers to influence portfolio construction and drive better investment decisions
Assess portfolios’ ability to withstand market and economic stress by conducting scenario analysis and stress tests
Analyze and think holistically about a variety of portfolio risks, including liquidity risk, FX risk, and credit concentrations
Drive continuous evolution in portfolio analytics and risk monitoring tools in partnership with team members across RQA, portfolio management, and financial engineering
Work collaboratively with peers across RQA and help mentor junior risk managers
Qualifications
A degree in finance, economics, or a related field. Advanced degree or certifications (e.g., MBA, CFA, etc.) preferred
10-15 years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) preferred
Previous experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferred
Strong written/oral communication and interpersonal skills with a track record of articulating independent thinking with conviction
Ability to anchor relationships with lead portfolio managers and build a network across BlackRock
Highly organized, proactive, and exhibiting impeccable attention to detail
Ability to bring innovative ideas into the portfolio construction and Risk Management process
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 to support 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 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.
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 opportunities to help them thrive.
