Director, Emerging Market Debt Portfolio Manager

About this role

Description:

BlackRock’s Fundamental Fixed Income (FFI) business manages more than $2.8 trillion in global fixed income assets across index, actively managed, alternative, and liability driven investment strategies. The platform provides fixed income investors one of the industrys broadest arrays of investment solutions encompassing both model-based and fundamental investment styles.

The Emerging Markets Fixed Income Team, a part of BlackRock’s Portfolio Management Group, comprises Portfolio Managers (PMs) based in London, New York and Sao Paulo. PMs use a combination of fundamental, valuations and technical analyses within their top-down and bottom-up framework, aiming to generate durable alpha returns for retail and institutional investors. As of March 2024, the team managed $c35bn in assets across more than 50 portfolios.

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Based in Riyadh, BlackRock is seeking a senior portfolio manager with strong interest in fixed income research, analysis, and portfolio management. The selected candidate will join the Emerging Markets Debt team and will be responsible for the array of portfolio implementation and management responsibilities described below across our Saudi and GCC/MENA portfolios, with an emphasis on a fundamentally intensive research process. The candidate will also be involved in portfolio construction, risk management as well as contribute to region-wide commercial projects.

The EMD team at BlackRock provides a great opportunity for business growth in the MENA region and highly collegial environment that emphasizes teaching and learning as a team. This role has considerable scope for the right individual to have an impact on the success of the team and broader business. The successful candidate will possess outstanding attention to detail, excellent interpersonal skills, and have a passion for thinking critically about financial markets.

Key Responsibilities:

Portfolio management responsibilities include:

• Fundamental sovereign analysis and idea generation in sovereign and quasi sovereign opportunities

• Fundamental corporate analysis and idea generation in MENA corporates

• Order raising, monitoring execution, ensuring portfolio consistency with broader EM views.

• Delivering operational excellence and foster a culture of investment risk control and compliance.

• Coordinate with the Product Strategy team to ensure seamless dialogue with the client.

Qualifications:

• Degree in a quantitative field preferred (e.g., finance/economics, computer science, engineering, math, etc.)

• Relevant experience in the investment management industry

• Interpersonal skills that contribute to and foster a culture of teamwork and knowledge sharing

• Willingness to produce high quality work in a demanding, fast-paced environment

• Excellent verbal and written communication, and relationship-building skills

• Detail-oriented, team-oriented and self-motivated

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.

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.