BlackRock LDI Client Strategist, Associate in London, United Kingdom
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Global Fixed Income
BlackRock’s Global Fixed Income (GFI) platform brings together distinct, yet complementary businesses under one global structure. With over 400 investment professionals across the Americas, APAC and EMEA, and with a combined $1.45 trillion of AUM, Global Fixed Income draws on a depth of expertise and experience to provide clients with the most comprehensive and diverse investment strategies in the market today.
Across our Fundamental, Global Credit, Municipal, Model Based and Beta investment groups, we have many world class teams and products, covering both active and passive strategies. Each of our investment teams are responsible for delivering performance and continuing to evolve and improve their investment process so that future performance can be delivered.
The Liability Driven Investment (LDI) business is a distinct part of Global Fixed Income which leverages the breadth and depth of the entire fixed income platform when delivering solutions for our clients. BlackRock has been managing LDI mandates for over 20 years in the EMEA region. Since taking-on our first mandates in 1995, the business has grown to 251 LDI clients with £189bn1 AUM.
Who we are
The Client Strategy team is responsible for the design, development and support of LDI solutions to institutional investors. The team is the primary contact point for clients and prospects and leads the development of our LDI investment proposition for the European LDI market. The team works closely with two partner teams within the LDI department:
Portfolio Management – this team is responsible for trade construction, implementation and on-going management of LDI portfolios and delivering bottom-up product and market knowledge and execution expertise.
Client Fulfilment – this team is responsible for coordinating the team's mandate change and service excellence efforts for LDI mandates.
What you will be doing
- Design and implement client specific LDI strategies, mainly focused on UK clients. Specific stages that you will be responsible for:
Engage with existing and prospective clients to identify the investment challenges they face and to understand their goals and objectives; Design solutions using BlackRock’s analytical toolset and market views and prepare client materials; Articulate and explain results to clients; Facilitate the implementation of an agreed investment strategy; and Provide ongoing technical support to the client with respect to the mandate (i.e. training, delivering mandate and market updates, resolving client requests).
Contribute to idea generation and production of thought leadership tailored for LDI clients and prospects.
Work closely and in partnership with internal stakeholders across the organisation to achieve the above.
We are looking for people who are:
Accountable: You feel personal ownership for the work you do and an aspiration to be better
Exacting: “Good enough” is simply not good enough
Curious: You like to learn new things and are happy to challenge the status quo
Empathetic: You have an uncanny ability to “put yourself in others’ shoes”
Experimental: You make mistakes, but learn from them
Finishers: You drive things to completion
Intellectual: You want to outsmart the problem
What you should have
2+ years of LDI or relevant experience (either asset management or advisory)
Experience working with institutional pooled funds is desirable but not essential
Some technical, product and market knowledge across the fixed income universe
Excellent communication skills in writing and verbally; capable of explaining complex concepts in simple terms
Experience managing and working with multiple stakeholders
Strong problem-solving and analytical skills
High level of self-motivation, ownership and initiative
Excellent organisational and project management skills
Be recognised as a team player
BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, disability, veteran status, and other statuses protected by law.