At a Glance
- Tasks: Design and implement innovative LDI strategies for institutional clients across EMEA.
- Company: Join BlackRock, a leader in investment management with a diverse and inclusive culture.
- Benefits: Enjoy flexible time off, education reimbursement, and comprehensive health resources.
- Why this job: Make a real impact on clients' financial futures while working with top industry experts.
- Qualifications: 4+ years in LDI or relevant fields, fluent in Dutch and English.
- Other info: Collaborative hybrid work model to enhance your learning and career 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 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.
Client Portfolio Manager, European LDI - VP (Dutch speaker) in London 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) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors, especially those who work with LDI or fixed income. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and current market trends. Be ready to discuss how you can tackle the specific challenges faced by institutional clients. Show them you’re not just another candidate, but the one they need!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you note to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at BlackRock and contributing to our mission.
We think you need these skills to ace Client Portfolio Manager, European LDI - VP (Dutch speaker) in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Client Portfolio Manager role. Highlight your experience in LDI and how it aligns with the responsibilities mentioned in the job description. We want to see how you can bring value to our team!
Showcase Your Communication Skills: Since excellent communication is key for this role, use clear and concise language in your application. We love candidates who can distil complex concepts into simple terms, so don’t hesitate to demonstrate this skill in your writing.
Highlight Relevant Experience: Be sure to emphasise your background in asset management, consulting, or banking, especially if you've worked with institutional clients. We’re looking for someone who understands the nuances of the fixed income universe, so make that shine through!
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at BlackRock!
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 prepare a few examples of how you've done this in the past, especially in Dutch, as fluency is a must for this position.
✨Showcase Your Client-Focused Mindset
Prepare to discuss specific instances where you've put clients' needs first. Think about challenges you've helped clients overcome and how you designed solutions tailored to their objectives. This will demonstrate your accountability and client-centric approach.
✨Be Ready for Technical Questions
Expect some technical questions related to fixed income products and market dynamics. Brush up on your technical knowledge and be prepared to discuss how you would integrate sustainability considerations into investment strategies. This will highlight your intellectual curiosity and problem-solving skills.