BlackRock’s Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multi-disciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.

RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.

Private Markets Risk Management

BlackRock manages over $450 billion in private markets assets. We are seeking individuals who combine strong analytical and communication skills and can solve challenging problems related to investing in private markets. This individual will work closely with private credit portfolio managers and senior risk managers to provide investment risk oversight of various private credit portfolios. They will lead various market and portfolio analyses, employing superior influencing skills to help inform the investment process and improve portfolio design.

Key Responsibilities:

• Daily risk management and oversight of private credit portfolios, including review of new deals going to investment committee

• Partner with investment teams and businesses to ensure that risks are fully understood, consistent with client objectives, and appropriately mitigated

• Communicate with impact and provide constructive challenge to decision makers to influence portfolio construction and drive better investment decisions

• Assess portfolios’ ability to withstand market and economic stress by conducting scenario analysis and stress tests

• Drive continuous evolution in portfolio analytics and risk monitoring tools in partnership with team members across RQA, portfolio management, and financial engineering

• Work collaboratively with peers across RQA and help mentor junior risk managers

Qualifications

• A degree in finance, economics, or a related field. Advanced degree or certifications (e.g., MBA, CFA, etc.) preferred

• 12+ years of previous work experience in the financial services industry (asset management, investment banking, consulting, etc.) required

• Previous experience as a risk manager or investment analyst supporting corporate credit (C&I), private credit, or private equity portfolios is preferred

• Strong written/oral communication and interpersonal skills with a track record of articulating independent thinking with conviction

• Ability to anchor relationships with lead portfolio managers and build a network across BlackRock and externally

• Highly organized, proactive, and exhibiting impeccable attention to detail

• Ability to bring innovative ideas into the portfolio construction and risk management process