Active ETF Portfolio Management Solutions Architect, Vice President
BlackRock · New York, United States +1 · 1d ago
About this role
About BlackRock Global Markets
BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s Index Investments, Cash Management, Securities Lending and Financing, Global Trading, ETF Markets, Liquid Origination, and Markets Relationship Management businesses. Together, we serve clients at scale through:
- Delivering performance and risk management
- 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
- World class talent, operating at the intersection of investment insight, markets expertise, risk management and process design
Job Purpose/Background:
Global Active ETF assets are projected to triple to $4.2 trillion by 2030. As investor demand accelerates, BlackRock Global Markets (BGM) is investing in next-generation capabilities for our Active ETF franchise.
BlackRock Active ETF Solutions (BAES) is a technology-driven team, responsible for building the firm’s primary market platform for Active ETFs. The team designs operating models and tools that enable seamless interaction between BlackRock’s Active ETFs and the broader ETF ecosystem. This team serves as a hub to centrally manage active ETF primary markets investment processes at scale.
Our mission is to partner across BlackRock to:
- Enhance liquidity and access for clients through scalable technology and data-driven processes
- Increase resilience and operational efficiency across primary markets
- Improve tax efficiency and deliver better outcomes for Active ETF investors
The Role:
We are seeking an Active ETF Portfolio Management Solutions Architect to design, develop, and implement technology, algorithms, and investment processes that power primary market trading (Creations & Redemptions) for Active ETFs.
Successful candidates will be familiar with diverse investment strategies and possess strong technical capabilities, allowing them to develop robust prototypes to improve the PM create / redeem process. In this role they will have the opportunity to partner with various PM and Technology teams to guide the integration of these prototypes into their workflows and evolve them into production components built into core BlackRock technology.
Key Responsibilities:
- Design, build, and manage ETF primary platform technology and infrastructure
- Architect scalable active ETF investment processes across a variety of investment teams
- Design, build, and implement algorithms spanning research, pre-trade analytics, portfolio construction, workflow automation, and investment controls
- Develop both prototype and production tools
- Develop reporting methods & analytics on new tools to ensure improvements can be measured
- Collaborate with BGM Architecture teams to build common libraries and components
- Partner with PMs to integrate primary platform capabilities into daily processes and continually refine them
- Partner with Product Engineering to ensure primary platform supports product commercial outcomes
- Partner with Capital Markets to ensure primary platform supports Liquidity Provider operating models and enhances fund market quality
- Partner with Aladdin Financial Engineering to design and implement predictive analytics and optimization-based solutions
- Partner with BlackRock Technology teams to continue to develop the core “Algo Platform”
Qualifications:
- Strong quantitative background (at least BA/BS in Math/Science/Engineering/Computer Science)
- Development expertise in Python
- Deep understanding of Active Investment Processes (Research and Portfolio Management) across sectors or asset classes
- Working knowledge of Fixed Income markets or Equity markets
- Working knowledge of the ETF as an investment vehicle
- Familiarity across a range of funds and investment styles (index/active, fundamental/quantitative)
- Excellent problem-solving skills and process-oriented approach
- Excellent teamwork and communication skills
- Experience in technical-focused project management
- Knowledge of BlackRock Aladdin tools
- Ability to work efficiently in a fast-paced environment, and perform diverse and complex tasks with accuracy and attention to detail
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.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
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.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.
BlackRock is proud to be an equal opportunity workplace. 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 EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.