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BlackRock Analyst/Associate, Investment Product Strategy - Multi-Asset Strategies & Solutions in Budapest, Hungary

About this role

About BlackRock Budapest

At BlackRock we are building something great in Budapest, our new global technology and innovation hub, where we are shaping our culture in which challenge, development and innovation happen every day. Our mission as an organisation is to create a better financial future for our clients and BlackRock Budapest enables this through a relentless drive to make ourselves and our communities better. We are a diverse bunch of people who like to analyse, reinvent, and enhance how we work, all in the pursuit of a better experience for our colleagues and clients. We offer the excitement of a young office with the security of a global, leading organization, where you will find innovation and inclusion are our competitive advantages. There are limitless problems to solve and opportunities for learning and development, alongside a team of clever and caring colleagues. Our culture is one of respect, challenge and stretch and we expect and value feedback. We believe that people reach their best potential when the different facets of their home, work and community are all cared about. We have a fun, fast paced work environment located in cutting edge facilities, with competitive and innovative benefits, and the ability to define your role, pursue your aspirations and shape your future within Hungary and beyond.

Product Strategy

We are growing the Product Strategy Platform in Budapest for our Multi-Asset Strategies & Solutions franchise that plays a central role in offering clients and prospects connectivity to and information on the investment process ensuring a best in class client experience. This team is responsible for a wide range of activities, including but not limited to maintaining fund data and analytics as well as production of marketing collateral and client reports. We seek an Analyst and an Associate to join the MASS team.

Introduction to Multi-Asset Strategies & Solutions Group

BlackRock’s Multi-Asset Strategies & Solutions (MASS) team is the investment group at the heart of BlackRock's portfolio construction, asset allocation, and active management ecosystem. MASS draws on the full toolkit of BlackRock's index, factor, and alpha-seeking investment capabilities to deliver precise investment outcomes and cutting-edge alpha insights. MASS constructs active asset allocation strategies and whole portfolio solutions across a wide spectrum of commingled funds, separate accounts, model portfolios, and outsourcing solutions in the wealth and institutional channels. Our team of over 400 multi-asset investment professionals manages over $1200 billion in assets and has a strong presence in San Francisco, New York, London and throughout Asia Pacific.

Key Responsibilities

  • Closely follow global markets and be up to date on events and movements

  • Perform analyses to help position funds/strategies

  • Prepare and maintain product pitchbooks, portfolio review decks and other marketing collateral, ensuring these meet compliance practices

  • Assist Portfolio Managers and senior Product Strategists with complex ad-hoc requests

  • Update DDQs and RFPs with product and strategy level information

  • Support and investigate technology and process options to scale and automate routine client service activities using Python/BlackRock technology

  • Keep abreast of regulatory and other structural trends and ensure that both new and existing products comply with regulatory requirements

  • Be part of a truly global team and work with colleagues in New York and London daily

  • Liaise with other team members across Budapest Product Strategy and help establish a culture of excellence within the group

  • Give short presentations at internal meetings and events

We are looking for people who are

Curious: You like to learn new things

Brave: You are happiest outside your comfort zone

Passionate: You feel personal ownership for the work you do and an aspiration to be better

Open: You value and respect input from others

Experimental: You make mistakes, but learn from them

Geeky: You want to outsmart the problem

You should have

  • BA/BS required with degrees in quantitative, finance or economics disciplines preferred

  • For Associate level candidates, prior experience working in a finance-related role, in addition to strong interest and knowledge of financial markets

  • For Analyst level candidates, a strong desire to learn more about the Investment Management industry. Work experience or internships in finance-related roles is helpful

  • Fluency in written and spoken English is essential; additional European languages are a plus

  • Strong attention to detail, a sense of urgency around deadlines and an ability to multitask

  • High proficiency in Excel, with ability to manipulate data in a spreadsheet (knowledge of macros is a plus) and PowerPoint, with ability to create appealing slides for clients/investors

  • Strong data management and manipulation skills; Experience with Python or other coding languages

  • Proactive, problem-solving attitude supported by the ability to effectively combine outputs from different sources of technology/systems

  • Keen interest in global financial markets; be up to date on macro events and market trends

  • A desire to pursue CFA, FRM and/or CAIA is welcome

Your Learning & Development will include

  • Participating in daily market updates about the positioning of our products

  • Learning about our clients and their investment strategies

  • Assisting investors in achieving their investment goals by utilizing BlackRock’s technology

  • Collaborating across multiple business functions to learn about the product life cycle

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.

For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock

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.

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