Job Information
BlackRock Associate, Junior / Assistant Portfolio Manager in Shanghai, China
About this role
BlackRock Qualified Domestic Limited Partner (QDLP) Description:
BlackRock’s purpose is to help more and more people experience financial well-being and the firm has a long history of investing in and serving investors in China. BlackRock aspires to become the leading global asset management firm operating in China and is committed to contributing to the long-term development of the local asset management industry. BlackRock Qualified Domestic Limited Partner (QDLP), a Shanghai-based wholly-owned subsidiary of BlackRock, aims to offer BlackRock’s global investment solutions to qualified investors in China to meet their international investment needs.
Role Description
This role will sit within the QDLP office, which will be responsible for launching and managing Blackrock’s QDLP Funds. The team works closely with BlackRock’s global Portfolio Management team and is responsible for ensuring that QDLP portfolios are managed effectively and in a consistent and risk-controlled manner.
Responsibilities:
Manage and support QDLP portfolios.
Invest daily client subscriptions and ensure redemptions are dealt with in an efficient manner.
Maintain overall portfolio compliance respecting to portfolio guidelines and organize the resolution of issues with the appropriate teams.
Handle business enquiries and resolve issues by escalating matters to and working with relevant parties promptly.
Produce daily, periodic and ad hoc reporting required by the internal teams.
Work closely with QDLP leadership on new product/mandate development from conception through to portfolio onboarding.
Actively contribute to building on desk tools and solutions including optimization and automation to enhance the investment process.
Partner with sales team to help drive business growth.
Work with client business team to generate weekly investment commentary for fund promotion and handle enquiries from distribution channel.
Requirements:
3-5 years of proven experience within the asset management industry or a related industry, ideally with exposure to portfolio management, investment research, or sales. QDLP experience strongly preferred.
Strong working knowledge of the financial markets and products.
Familiarity with China market practices, participants, and regulatory environment.
Demonstrates a proactive and risk-focused approach to work, understanding the importance of identifying and raising issues appropriately.
Possess strong interpersonal skills, both written and verbal.
Ability to work independently, solve problem dynamically and effectively prioritize multiple tasks across a range disciplines including portfolio management, process building, and business development.
Ability to work within a changing and at times challenging environment, comfort with ambiguity and ability to drive solutions.
A proven ability to develop strong collaborative working relationships with key partners.
High proficiency in Microsoft Excel and prior hands on experience with automation tools (e.g. VBA, RPA, Python, etc.) would be an advantage.
Proficient in Mandarin and English.
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 hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
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 @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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.