Associate, Portfolio Management - Index Products

BlackRock Global Markets and Index Investments (BGM) is seeking an Associate Portfolio Manager for its Munich Index Equity team. This role involves comprehensive index equity portfolio management, including daily liquidity, re-balancing, corporate action analysis, and risk/performance monitoring. The successful candidate will collaborate with global trading teams, establish best practices, work with technology teams to build next-generation investment platforms, and drive operational improvements. The position requires a passion for financial markets and technology, strong analytical skills, and a desire to contribute to a diverse and inclusive culture.

Must Have

• Strong technical aptitude in financial markets and technology
• Knowledge of both equities and the indexing ecosystem
• High levels of self-motivation, intellectual curiosity, strong critical thinking, and a strong work-ethic
• High attention to detail and accountability
• Robust organisational and project management capabilities
• Ability to work quickly and accurately in a fast-paced, data-driven environment
• Excellent analytical and problem-solving skills
• Strong Technical proficiency, including hands-on experience with data tools and programming languages (preferably Python)
• Experience in the investment industry (3+ years) with a solid understanding of financial instruments and derivatives
• Effective written and verbal communication skills
• Collaborative mindset and relationship-building skills

Good to Have

• Experience in ETF portfolio management
• Familiarity with APIs, automation, and scripting

Perks & Benefits

• Retirement investment and tools
• Access to education reimbursement
• Comprehensive resources to support physical health and emotional well-being
• Family support programs
• Flexible Time Off (FTO)

About this role

Business Unit Overview

BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s Index Investments, Cash Management, Global Trading, ETF Markets, Securities Lending, and Financing & Financial Resource Management businesses. Together, we provide clients with superior market access and index investment outcomes through:

• World class talent, operating at the intersection of investment insight, markets expertise, risk management and process design
• Technology at the heart of our processes, with in-business tech teams that create cutting-edge IP, providing an advantage in quality, scale, and risk control
• A focus on transforming markets, driving and advocating for more accessible, resilient, and transparent markets to deliver more choice and lower costs for investors

Your Role and Impact

We have a superb opportunity for a Portfolio Manager to join our Munich Index Equity Portfolio Management team. You’ll be responsible for all aspects of index equity portfolio management of global equity exposures, including the day-to-day management, risk and performance analysis and business process reengineering. We’re looking for individuals who are passionate about making a difference and have the know-how to make it happen - both as Students of the Market as well as Students of Technology!

Your Responsibilities

• Portfolio management tasks, including, daily liquidity management, portfolio re-balancing, corporate action analysis, client activity, risk and performance monitoring
• Performance and risk management including but not limited to working with our Global Trading teams to navigate rebalances and other large-scale investment events
• Help establish portfolio management best practices that can be shared globally
• Work closely with our technology teams to build our next generation investment platform
• Identify and drive operational improvements that lower risk and increase efficiency across the global teams
• Engage with business partners to provide thought leadership and advice to promote high quality client solutions
• Support client-facing groups in client reporting and analysis on ad-hoc requests.
• Contributing positively to our culture and supporting diversity, equity and inclusion

You Have

We’re looking for individuals, from a variety of backgrounds, who have:

• Strong technical aptitude in financial markets and technology
• Knowledge of both equities and the indexing ecosystem
• Experience in ETF portfolio management is a plus
• High levels of self-motivation, intellectual curiosity with strong critical thinking, and a strong work-ethic The desire to make an impact

Skills/Qualifications

The aptitudes we look for in our PMs include:

• High attention to detail and accountability, with robust organisational and project management capabilities.
• Ability to work quickly and accurately in a fast-paced, data-driven environment.
• Excellent analytical and problem-solving skills, with the ability to translate complex technical concepts into actionable insights.
• Strong Technical proficiency, including hands-on experience with data tools and programming languages (preferably in Python; familiarity with APIs, automation, and scripting is a plus) and a deep interest in technology solutions related to portfolio management, trading, and data analytics.
• Experience in the investment industry (3+ years), with a solid understanding of financial instruments and derivatives.
• Effective written and verbal communication skills, including the ability to explain technical topics to non-technical stakeholders.
• Collaborative mindset and relationship-building skills, with a desire to work cross-functionally with engineering, data science, and investment teams.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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.