Director, Director of Performance

BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. As a Director of Performance, you will lead a team responsible for calculating and generating monthly performance statements and composites, troubleshooting performance questions across various asset classes, and ensuring GIPS compliance. This role requires strong problem-solving skills and experience in managing cross-functional teams.

Must Have

• Manage a team tasked with monthly performance and composite calculation, review, and statement generation.
• Ensure accuracy and timeliness in reporting across various asset classes.
• Provide oversight for Global Investment Performance Standards (GIPS) compliance and lead annual GIPS verification.
• Optimize processes for long short performance calculations.
• Act as a resource for investment operations team members on performance concepts and best practices.
• Lead projects to streamline operations, automate processes, and reduce errors.
• Handle internal and external client inquiries related to performance reporting.
• Actively contribute to SMA operations agenda and firm-wide initiatives.
• Bachelor’s degree, preferably in business, math, finance or related fields.
• 10+ years of experience calculating performance for various asset classes at an investment management firm.
• Intimate knowledge of Global Investment Performance Standards (GIPS) policies.
• Track record of building teams to support operational processes.
• Proven ability to build strong relationships with senior management, key clients, and stakeholders.
• Exceptional attention to detail and problem-solving abilities.
• Ability to operate/prioritize effectively and adhere to tight deadlines.
• Demonstrated ability to be flexible and adapt to changing circumstances.

Good to Have

• Knowledge of Salesforce CRM, Advent APX, Aladdin, Investcloud APL and Sylvan performance system.
• Strong proficiency in Microsoft Excel (VLOOKUP, pivot table, formula driven data scrubbing, VBA).

Perks & Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)

Team Overview

BlackRock SMA Solutions helps clients customize portfolios for unique tax, values-alignment, or investment exposures across direct indexing, fixed income, active equity, and multi-asset. We deliver world-class service to all of our clients, from wealth advisors to family offices to endowments and foundations.

About the Role

BlackRock SMA Solutions empowers clients to customize portfolios for tax efficiency, values alignment, and unique investment exposures across direct indexing, fixed income, active equity, and multi-asset strategies. We serve a diverse client base from wealth advisors and family offices to endowments and foundations. As we continue expanding globally, we're seeking a Director of Performance to lead a team tasked with calculating and generating monthly performance statements and composites, as well as answering and troubleshooting any performance questions across different asset classes including fix income, equities, ETF, mutual funds, long short, and options.

Ideal candidates must have excellent problem-solving skills, an intimate knowledge of Global Investment Performance Standards (GIPS) policies, a strong grasp of performance concepts across different asset classes, experience in long short strategies, and a track record of managing cross functional teams

Responsibilities

• Manage a team of two individuals tasked with the monthly performance and composite calculation, review, and statement generation process. This includes ensuring accuracy and timeliness in reporting across various asset classes such as fixed income, equities, ETFs, mutual funds, long-short strategies, and options.
• Provide oversight for Global Investment Performance Standards (GIPS) compliance and leading the annual GIPS verification process to ensure industry-standard reporting.
• Optimize the current process for long short performance calculations.
• Acting as a resource for other investment operations team members, providing guidance and expertise on performance concepts and operational best practices.
• Lead projects to streamline operations, automate processes, and reduce errors.
• Handling various internal and external client inquiries and requests related to performance reporting.
• Actively contribute to SMA operations agenda and any firm-wide initiatives.
• Other duties as assigned.

Requirements

• Bachelor’s degree required. Preferably in business, math, finance or related fields
• 10+ years of experience in calculating performance for various asset classes at an investment management firm.
• Intimate knowledge of Global Investment Performance Standards (GIPS) policies
• Knowledge of Salesforce CRM, Advent APX, Aladdin, Investcloud APL and Sylvan performance system is a plus.
• Track record of building teams to support operational processes.
• Proven ability to build strong relationships with senior management, key clients, and internal/external stakeholders (e.g. Portfolio Managers, Custodians, Brokers)
• Exceptional attention to detail and problem solving abilities
• Strong proficiency in Microsoft Excel (VLOOKUP, pivot table, formula driven data scrubbing, VBA) is a plus
• Ability to operate/prioritize effectively and adhere to tight deadlines
• Demonstrated ability to be flexible and adapt to changing circumstances

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.