Multi Asset Solutions, Portfolio Management, Associate

Blackrock

Hybrid

Quick summary

Work type
Hybrid
Location
New York
Salary
$116,000–$155,000 / yr
Posted
today

Market check

Salary context

Competitive pay

How this pay compares to similar roles

Similar $162k
This role $136k
$106k most similar roles pay here $206k

This role pays less than 62% of similar roles. Most pay $127,325–$196,550 — the shaded band above. At the midpoint, this role pays about $136k versus about $162k 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 89 open roles on FindRole.

Listed pay typically runs $137,500–$180,000 across 89 roles with salary data.

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At a glance

TL;DR · Multi Asset Solutions, Portfolio Management, Associate

The Multi-Asset Strategies & Solutions (MASS) team at BlackRock, a leading investment group, is seeking a motivated individual with financial knowledge and technical expertise to drive the development of their Python-based investment platform. This hybrid role between technology and portfolio management involves researching and building generative AI systems to enhance scalability in portfolio management, integrating new developments via APIs and SQL queries, and translating investment workflows into scalable tech solutions. The position also includes maintaining existing applications and collaborating with portfolio managers to configure client portfolios for optimal outcomes while leveraging risk and compliance tools. Key qualifications include a strong background in object-oriented programming languages like Python, familiarity with git and relational databases, and a desire to innovate in the financial sector. Desirable skills encompass experience with Python packages such as Pandas and Numpy, building financial applications, and using generative AI through APIs. This role is pivotal in driving investment results for thousands of clients across BlackRock’s Model Portfolios business, one of the most significant evolutions in Wealth Management over the past decade.

What you'll do

  • Research and build generative AI systems to enhance scale in portfolio management.
  • Integrate new developments and data via APIs and SQL queries with tech teams.
  • Translate investment workflows into scalable technology solutions for efficiency.
  • Maintain and evolve existing applications, ensuring deployment and testing standards.
  • Work with client-facing managers to configure portfolios for optimal outcomes.

What we're looking for

  • Proven technical background with strong knowledge of object-oriented design patterns and experience in Python, Java, or C/C++
  • Experience in building financial applications using Python packages like Pandas and Numpy
  • Familiarity with relational databases and version control systems (e.g., git)
  • Understanding of financial markets and portfolio management concepts
  • Ability to interface with portfolio managers to translate investment workflows into scalable technology solutions
  • Desire to drive innovative investing solutions and challenge the status quo

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