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Type of Role: InvestmentsResearch

Experience Level: Managing Director/CIO

Location: New York City, New York

Salary: $260K - $350K

BlackRock, Inc. is an American multinational investment company. It is the world’s largest asset manager, with $10 trillion in assets as of December 31, 2023. Headquartered in New York City, Blackrock has 70 offices in 30 countries, and clients in 100 countries. BlackRock is the manager of the iShares group of exchange-traded funds, and along with The Vanguard Group and State Street, it is considered to be one of the Big Three index fund managers. Its Aladdin software keeps track of investment portfolios for many major financial institutions and its BlackRock Solutions division provides financial risk management services. As of 2023, BlackRock was ranked 229th on the Fortune 500 list of the largest United States corporations by revenue. Details below.

Role Overview

The BlackRock investment institute (BII) leverages BlackRock’s expertise and produces proprietary research to provide insights on the global economy, markets, geopolitics and long-term asset allocation – all to help clients and portfolio managers navigate financial markets. We systematically leverage BlackRock’s expertise in markets, asset classes and client segments to help our portfolio managers deliver positive investment results for clients. Our focus is to keep our investment professionals connected, informed and on the cutting edge of investment thinking.

The Head of Macro Research works closely with the Head of BII, Global Chief Investment Strategist and Head of Portfolio Research to develop and communicate macro views. The jobholder is responsible for the macro analysis to support the resulting views, which underpin tactical and strategic horizon asset allocations that give Blackrock’s clients the whole-portfolio perspective they need today.

Key Responsibilities

The primary responsibilities include but not limited to:

  • Identifying and producing most impactful timely macro analysis to inform investment platform debate and decisions
  • Tracking and analyzing global policy developments of relevance to investors
  • Leading development and articulation of the BII global macro view in support of both tactical and strategic investment views, including capital market assumptions.
  • In collaboration with BII head and deputy head, engaging investors and communicating in media on global macro issues
  • Overseeing analytical team of juniors
  • Lead on global client engagement pertaining to macro issues
  • Engaging in macro public debate and with the public policy sector

Knowledge / Experience

  • 15+ years of experience in a senior market economist position in the financial services or policy making sectors.
  • Strong background in macroeconomics and finance with substantial experience forecasting and analyzing economic trends
  • Ability to lead and influence strategic discussions and help develop rigorous investment-relevant conclusions through idea generation and quality analysis.
  • Credible thought leader and effective communicator, both orally and written.
  • Intellectual curiosity that drives creative thinking
  • Ability to work collaboratively with other senior leaders and to build and maintain strong relationships and networks.

For New York City only: The salary range for this position is $260,000 – $350,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

 

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.

 

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.

 

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

 

 

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, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

 

 

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.