Portfolio Solutions Specialist (Associate)

Introduction to Multi Asset Strategies & Solutions Group

The Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of the firm’s index, factor, and alpha-seeking investment capabilities to deliver investment outcomes and ground-breaking alpha insights. MASS constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels.

Role Description & Responsibilities

MASS is looking for a motivated individual to join ourgrowingEMEASolutionsteam basedinBudapest. The Solutionsteam designs, implements, and leads on all aspects of portfolio construction and asset allocation to solve our clients’investment challenges. The team coversdesigning wholisticportfoliosolutionsfor largeassetowners and financial institutions,includingtailored investment mandates oriented around client outcomes.

Responsibilities

• Supportthe design, implementation,and ongoing management of portfolio solutions for existing and prospective clientstounderstand andmeet their uniqueobjectivesand constraints.Keep up to date withclient trends,industry news, events, research, and regulations and ensure these are reflected in solution design. 

• Perform investment analysis, provide insights, and contribute to decision-making across all stages of the investment process, including strategic and tactical asset allocation, manager selection and sizing, portfolio implementation, performance measurement and attribution, risk budgeting, and risk management.Support the delivery of high-quality investment outcomes across the client book while seeking opportunities to streamline workflows.

• Contribute to thedevelopment andongoing enhancement of portfolio construction tools, analytics, and investment processes.Identifyopportunities to drive scale, improve efficiency, and strengthen data quality by developing and implementing technology-enabled solutions whererelevant.

• Collaboratewitha range of internalpartnerteamsto deliverthe best possibleclient investment outcomes,including portfolio construction researchers, implementation specialists, manager researchers, risk managers, asset class specialist investment teams, and technology partnerswhereappropriate. 

• Drive the continuous evolution of the investment process by seeking opportunities to improve analytical frameworks, challenge existing approaches, and introduce new investment ideas, tools, and technologies that enhance the consistency, efficiency, and scalability of portfolio construction. 

• Activelyparticipateincross-team research initiatives togenerate andexplore new investment ideas. Collaboratewithmultipleteam membersacross multipleprioritiesto seeideasthrough to completion and implementation in client portfolios. 

• Support ourcommercialgrowth targets bysupplyinginvestment content to RFP responses, pitch materials, marketingmaterialsand other externalclientcommunications. 

Skills & Qualifications

• Minimum of3years’provenexperiencewithin financial services or asset management, preferably across multiple asset classes and investment subject areas

• Strong analytical and quantitative skills, withthedesireto solve investment problems and translate analysis into practical insights. Demonstratedexperiencein improving processes, analytics, and workflows through technology.Coding skills and/or knowledge of Aladdin, Morningstar, Bloomberg, Tableau, VBA, SQL, and/or Pythonisexpected, with a willingness to further develop these skills to enhance portfolio construction capabilities.

• Solid understanding of financial markets, investments (i.e.Fixed Income, Equities, Alternatives) and key financial concepts (such asasset allocation, risk analytics, performance,attributionetc.)

• CFAand/or CAIA encouraged but notrequired.

• Consistenttrackrecordof academic achievement, workethic, and leadership.

• Fluent in English with excellent communication skills,able to communicateeffectivelywith a range of internal and externalpartners,and ableto explain complex topics to non-investmentindividuals, both verbally and in writing.

• Curious self-starterpassionateabout execution with results-oriented work ethic and professional disposition.

• Strong teammate who takes a collaborative and cooperative approach to tasks,experiencedworking withmultiplepartnerstodeliver on projects on time and to a highstandard,butcan work independently.

• Organized andthorough, able toprioritiseand multi-task quickly efficiently, adapting to new situations in a fast-pacedenvironment.

• Being a strong fiduciary by ensuring the highest level of integrity and professionalism in every aspect of performance.