Associate

Blackrock

Hybrid

Quick summary

Work type
Hybrid
Location
San Francisco, CA
Salary
$143,500–$155,000 / yr
Posted
1 day ago

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $142k
This role $149k
$106k most similar roles pay here $177k

This role pays more than 61% of similar roles. Most pay $114,500–$170,000 — the shaded band above. At the midpoint, this role pays about $149k versus about $142k for comparable roles.

Based on 240 similar postings.

Employer

About Blackrock

BlackRock is the world''s largest asset management firm, providing investment management, risk management, and advisory services to institutional and retail clients through its Aladdin technology platform. Industry: Asset Management & Financial Services

Blackrock currently has 83 open roles on FindRole.

Listed pay typically runs $147,750–$195,000 across 82 roles with salary data.

Most-posted roles

View all roles at Blackrock

At a glance

TL;DR · Associate

As an Associate at BlackRock Institutional Trust Company, N.A., you will join the Portfolio Management team and work on managing a portfolio of municipal securities with a focus on duration and credit risk in 40-Act funds. Your daily tasks will include coordinating trading strategies, utilizing technology and analytical tools to enhance processes, assessing relative values across the investment grade municipal universe, implementing investment recommendations, and maintaining surveillance processes. You will also leverage liquidity sources for both taxable and tax-exempt municipal bonds, construct trading baskets for ETFs, and manage monthly fund rebalance activities while working closely with index providers. The role requires proficiency in Python and SQL for data analysis, experience with statistical inference and machine learning, and the ability to interpret macroeconomic data for portfolio decisions. Additionally, you will engage in price negotiation with broker-dealers and understand option valuation models for equity options.

What you'll do

  • Manage a portfolio of municipal securities, focusing on duration and credit risk.
  • Coordinate trading strategies and information among the Portfolio Management team.
  • Utilize technology and analytical tools to enhance investment processes and create scale.
  • Assess relative values across the investment grade municipal universe and implement recommendations.
  • Construct trading baskets for ETFs and manage monthly fund rebalance activities.

What we're looking for

  • Bachelor’s degree and 2 years of experience in finance, economics, or related field.
  • Experience analyzing trading performance using market data like TRACE reports and Bloomberg.
  • Proficiency in Python and SQL for data analysis and project management.
  • Ability to apply statistical inference and machine learning for investment assessment.
  • Understanding of macroeconomic trends and their impact on portfolio decisions.
  • Expertise in price negotiation with broker-dealers and alternative liquidity providers.
  • Knowledge of option valuation models and factors driving portfolio performance.

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