← Explore jobs in United Kingdom
Miscellaneous
Associate, Credit Portfolio Manager - Financial Institutions
Job description
Description About this role BlackRock’s Fixed Income team runs more than $1 trillion in global fixed income assets across index, active long-only, alternative, and liability driven strategies. The platform offers fixed income investors one of the industry's broadest array of investment choices across model-based and fundamental investment styles.The Financial Institutions Group is seeking a candidate to join the team as a junior Credit Portfolio Manager in London working primarily on GBP denominated portfolios. The FIG team manages a wide range of Fixed Income portfolios for financial institutions, including over $30bn+ in GBP denominated portfolios. The successful candidate will work with the Lead PM to support the day-to-day management of the portfolios. This will include monitoring portfolio positioning (including cash, risk levels and compliance with investment guidelines), ensuring consistency across portfolios, raising orders on portfolios, and liaising with our partner teams on the portfolios. The candidate will also be expected to contribute to alpha, yield, and idea generation by providing assistance throughout the life cycle of an investment and its implementation in portfolios.Job descriptionWork as part of the FIG Portfolio Management Team, covering GBP denominated portfolios and assets.Asset exposure will include GBP denominated Government bonds, Government Related bonds, Corporate bonds, asset-backed securities (ABS), residential mortgage-backed securities (RMBS) and cash instruments (money market funds and UK Bills).Participate in the monitoring of portfolios, including setup, ongoing evaluation, execution, and management of investments through new issue and secondary market transactions.Coordinate with trading desks and capital markets teams on deals coming to market.Provide quantitative and analytical support to lead PMs.Liaise with the fundamental research teams on holdings and relative-value analysis to reach investment conclusions and make recommendations.
Responsibilities & skills
Strong problem solving skills and attention to detail.Proactive individual with a desire to learn and take on responsibilityGood interpersonal skills.
Education
Minimum 2 years of experience and knowledge of Fixed Income markets strongly desired, with GBP Fixed Income market experience a plus.Fixed income and general finance knowledge, including an understanding of bond math and risk.Ability to learn fixed income markets, including complexities of different issue types, liquidity, and trading.Ability to grasp quantitative concepts of risk and exposure, and their application to portfolio management.Knowledge of financial institution / insurance client portfolio management a plus (e.g. accounting considerations, income or yield-focused management)
Experience
Ready to apply?
Sign in and make sure your profile and resume are up to date.
BlackRock uk
BlackRock is proud to be an Equal Opportunity/Affirmative Action Employer. We are committed to equal employment opportunity to all applicants and existing employees and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEO is the Law poster here and its supplement here. The pay transparency policy is available here.BlackRock is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to Disability.Assistance@blackrock.com and let us know the nature of your request and your contact information.
View company profile