Private Markets Risk Manager, Vice President
About the position
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. Private Markets Risk Management BlackRock manages over $300 billion in private markets assets. We are seeking individuals who combine strong analytical and communication skills and can solve challenging problems related to investing in private markets. This individual will work closely with private credit portfolio managers and senior risk managers to provide investment risk oversight across multiple private credit portfolios. They will lead various market and portfolio analyses, employing excellent influencing skills to help inform the investment process and improve portfolio construction.
Responsibilities
• Daily risk management and oversight of private credit portfolios, including review of new deals going to investment committee
• 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
• Track performance of portfolio companies and engage investment teams as needed to respond to potential warning signals
• Assess portfolios’ ability to withstand market and economic stress by conducting scenario analysis and stress tests
• 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
Requirements
• A degree in finance, economics, or technical field.
• 7-10 years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) required
• 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 and externally
• Highly organized, proactive, and exhibiting impeccable attention to detail
• Ability to bring innovative ideas into the portfolio construction and risk management process
Nice-to-haves
• Advanced degree or certifications (e.g. MBA, CFA, etc.) preferred
• Previous experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferred
Benefits
• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)
Apply tot his job
Apply To this Job
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. Private Markets Risk Management BlackRock manages over $300 billion in private markets assets. We are seeking individuals who combine strong analytical and communication skills and can solve challenging problems related to investing in private markets. This individual will work closely with private credit portfolio managers and senior risk managers to provide investment risk oversight across multiple private credit portfolios. They will lead various market and portfolio analyses, employing excellent influencing skills to help inform the investment process and improve portfolio construction.
Responsibilities
• Daily risk management and oversight of private credit portfolios, including review of new deals going to investment committee
• 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
• Track performance of portfolio companies and engage investment teams as needed to respond to potential warning signals
• Assess portfolios’ ability to withstand market and economic stress by conducting scenario analysis and stress tests
• 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
Requirements
• A degree in finance, economics, or technical field.
• 7-10 years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) required
• 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 and externally
• Highly organized, proactive, and exhibiting impeccable attention to detail
• Ability to bring innovative ideas into the portfolio construction and risk management process
Nice-to-haves
• Advanced degree or certifications (e.g. MBA, CFA, etc.) preferred
• Previous experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferred
Benefits
• employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits
• strong retirement plan
• tuition reimbursement
• comprehensive healthcare
• support for working parents
• Flexible Time Off (FTO)
Apply tot his job
Apply To this Job