Vice President, Core Portfolio Management

Employer
BlackRock
Location
Singapore, Singapore
Salary
Competitive
Posted
15 Nov 2022
Closes
01 Dec 2022
Ref
17244442
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Description

About this role

Job Purpose/Background:

This role will sit within the Fixed Income CorePM team that is responsible for managing Blackrock's Fixed Income portfolios. This role will be focussed on managing the fundamental fixed income Asia strategies. The team liaises closely with the Global Fixed Income platform and the local Asia fixed income and credit teams and is responsible for the portfolio construction process and ensuring that Credit and Fixed Income portfolios are managed effectively and in a consistent and risk-controlled manner.

Responsibilities:

General:
  • Manage and support Fundamental Fixed Income Active Asia strategies and partner with the Research team and Senior PMs to manage active strategies via top down portfolio construction and bottom up positioning that reflects the views whilst taking into account the account level investment objective and restrictions
  • Work with multiple internal teams across platform and portfolio management to build out a best practice for a scalable robust portfolio management investment process
  • Play a pivotal role in the further development of the Active franchise, partnering with Senior PMs, research and trading amongst others to drive the ongoing enhancement of the investment process and platform while delivering on investment objectives.


Portfolio Management:
  • Maintain and monitor top down portfolio construction and consistency across the portfolios with the portfolio strategy and team views
  • Propose and manage orders and trade ideas by working closely with senior portfolio managers and trading desk.
  • Invest daily client subscriptions and ensure redemptions are dealt with in an efficient manner.
  • Maintain overall portfolio compliance and organize the resolution of issues with the appropriate individuals.
  • Handle enquiries and resolve issues by escalating matters to relevant parties including operations, compliance and RQA in a timely fashion
  • Produce daily, periodic and ad hoc reporting required by the internal teams
  • Establish strong business relationships with numerous internal teams (BRS, GPAS, Operations, Compliance, Onboarding, Trading, RQA, etc.)
  • Work closely with the team's product specialists on new product/mandate development from conception through to portfolio onboarding
  • Actively contribute to building on desk tools and solutions including optimisation, sampling algorithms and automation to enhance the investment process
  • Monitor portfolio performance and undertake attribution analysis as required


Knowledge/Experience:
  • Strong knowledge of the financial markets, with familiarity in fixed income products and investing.
  • Understanding of derivatives in FX, Rates and Credit markets (Options, IRS, CDS, etc.). Knowledge of fixed income and FX hedging instruments in APAC local currency markets
  • Knowledge of and experience managing Credit and Rates portfolios
  • Knowledge of Aladdin tools, particularly Portfolio Construction, RACE, Tableau, Portfolio Monitor, PRISM and Aladdin Dashboard preferable.
  • Excellent quantitative skills; proficient with Microsoft Excel, Bloomberg experience a plus.
  • Strong process-oriented background including introduction of controls & procedures. Able to demonstrate keen awareness of Operational risk issues.
  • Experience in training and helping to manage junior personnel


Key Skills and Characteristics:
  • Language: Native level English, Other local languages a benefit
  • Self-Directed: Ability to work autonomously, dynamically problem solve and effectively prioritise multiple tasks across a range of disciplines including portfolio management, process building, and business development.
  • Technology minded: Ability to assess and leverage technology both internal BlackRock and third-party tools to support a scalable robust portfolio management investment process

    Proficiency in Python programming language strongly preferred
  • Strong Communication skills: Effective communicator with ability to manage multiple stakeholders across function and location.
  • Governance minded. Strong focus on compliance and regulatory risk with ability to assess and impact of regulatory changes on business model. Engage with appropriate regulatory bodies, market groups, internal government relations teams on consultations around regulatory matters.
  • Perseverance: Ability to work within a changing and at times challenging environment, comfort with ambiguity and ability to drive solutions.
  • Demonstrated planning and organization skills and the proven ability to work efficiently under pressure. Ability to work with challenging situations in a mature manner.


Our benefits

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.

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 required to 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 will always 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 opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

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