At a Glance
- Tasks: Design and implement innovative LDI strategies for institutional clients across EMEA.
- Company: Join BlackRock, a leading investment firm with a collaborative culture.
- Benefits: Enjoy flexible time off, education reimbursement, and comprehensive health resources.
- Why this job: Make a real impact in the financial world while working with top-tier professionals.
- Qualifications: 4+ years in LDI or relevant fields; fluency in Dutch and English required.
- Other info: Dynamic hybrid work model fostering collaboration and personal growth.
The predicted salary is between 48000 - 84000 £ per year.
About this role
Portfolio Management Group - Liability Driven Investments
With one of the most diverse set of capabilities and resources in the industry, we are uniquely positioned to be able to put our best ideas into practice. The Fixed Income department at BlackRock - part of the comprehensive Portfolio Management Group (PMG) - manages more than $2.5 trillion in fixed income assets across index and active strategies, including the $220 billion European liability driven investment business. The Liability Driven Investment (LDI) business utilises the breadth and depth of the entire fixed income platform when delivering investment solutions for our clients. BlackRock has been running LDI mandates for over 25 years, and we are passionate about crafting and implementing fixed income solutions to help institutional clients meet their long-term investment objectives.
The Team
The Client Portfolio Management team is responsible for the design, development and support of LDI solutions to institutional investors. The team is also the primary contact point for clients and consultants on all matters related to the LDI mandate. The team works closely with the Core Portfolio Management team, who are responsible for trade construction, implementation and ongoing management of LDI portfolios.
What you will be doing
- Engagement with existing and prospective clients to identify the investment challenges they face, and to understand their goals and objectives;
- Designing investment solutions for institutional clients and working with the client and their advisors to implement the strategy;
- Providing ongoing technical support to the client with respect to the mandate (i.e. training, delivering mandate and market updates);
- Working to integrate sustainability considerations into client mandates;
- Contributing to idea generation tailored for LDI clients and prospects;
- Making a significant contribution to projects that further enhance the investment platform, our capabilities, our product offering and our team;
- Generating thought leadership on markets, regulation and the new Dutch pension contract;
- Working in partnership with internal stakeholders across the organisation to achieve the above.
The role is positioned at the Vice President-level, but we will also consider talented individuals at the Associate level.
We are looking for people who are:
- Accountable: You feel personal ownership for the work you do and an aspiration to be better
- Client-focused: You orientate around the clients' needs and put them first
- Multi-taskers: You have an ability to handle a range of tasks in a high-volume environment
- Finishers: You drive things to completion
- Intellectual: You want to outsmart the problem
- Communicators: You can connect with clarity, distilling complex issues into simple explanations
- Team players: You want to contribute to a strong team performance
Your background
- 4+ years of LDI or relevant experience (ideally asset management, consulting, or banking)
- Experience working with institutional corporate pension fund or insurance clients
- Strong technical, product and market knowledge across the fixed income universe
- Excellent communication skills both verbal and written; capable of explaining complex concepts in simple terms
- Fluency in Dutch and English writing and speaking
- Knowledge of new Dutch pension contract is an advantage
- CFA, FRM and/or Actuarial qualification is a plus
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.
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
Client Portfolio Manager, European LDI - VP (Dutch speaker) employer: CFA Institute
Contact Detail:
CFA Institute Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Client Portfolio Manager, European LDI - VP (Dutch speaker)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at BlackRock. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your experience in LDI and fixed income. Prepare some examples of how you've tackled challenges in the past and how you can bring value to their team. Confidence is key!
✨Tailor Your Approach
Every interaction is a chance to showcase your fit for the role. Research BlackRock’s values and recent projects, and weave that knowledge into your conversations. Show them you’re not just another candidate; you’re the right candidate.
✨Follow Up Like a Boss
After any meeting or interview, send a quick thank-you note. It’s a simple gesture that keeps you top of mind and shows your enthusiasm for the role. Plus, it’s a great way to reiterate your interest in the position and the company.
We think you need these skills to ace Client Portfolio Manager, European LDI - VP (Dutch speaker)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Client Portfolio Manager role. Highlight your experience in LDI and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about LDI and how your background aligns with our mission at BlackRock. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills: Since communication is key in this role, make sure your written application reflects your ability to distil complex concepts into simple terms. We want to see clarity and confidence in your writing!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at CFA Institute
✨Know Your LDI Inside Out
Make sure you brush up on your knowledge of Liability Driven Investments. Understand the key concepts, recent trends, and how they apply to institutional clients. Being able to discuss these topics confidently will show that you're not just familiar with the role but genuinely interested in it.
✨Tailor Your Communication Style
Since this role requires excellent communication skills, practice explaining complex financial concepts in simple terms. You might even want to do a mock interview with a friend where you explain LDI strategies or the new Dutch pension contract. This will help you articulate your thoughts clearly during the actual interview.
✨Showcase Your Client-Focused Mindset
Prepare examples from your past experiences where you've successfully engaged with clients or solved their investment challenges. Highlight how you prioritised their needs and contributed to their long-term objectives. This will demonstrate that you align with the company's client-focused values.
✨Be Ready for Technical Questions
Expect some technical questions related to fixed income products and LDI strategies. Brush up on your technical knowledge and be prepared to discuss how you would approach designing investment solutions. This will showcase your expertise and readiness for the role.