Private Markets Risk Manager, Vice President

About this role

BlackRock's Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. The group's mission is to advance risk management practices and deliver independent risk expertise. RQA's risk managers play a meaningful role in BlackRock's investment process, using quantitative analysis and multi-disciplinary skillsets to tackle real-world problems.

RQA is committed to investing in people to increase individual enablement and create a strong collaborative environment. As a global group, the goal is to create a culture of inclusion that encourages teamwork, innovation, diversity and development of future leaders.

Private Markets Risk Management

BlackRock manages over $300 billion in private markets assets. The firm seeks individuals who combine strong analytical and communication skills and can solve challenging problems related to private markets investing. This individual will work closely with private credit portfolio managers and senior risk managers to provide investment risk oversight across multiple private credit portfolios, leading various market and portfolio analyses.

Key Responsibilities:

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

- Partner with investment teams to ensure 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

- Track performance of portfolio companies and engage investment teams as needed to respond to warning signals

- 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:

- Degree in finance, economics, or technical field (advanced degree or certifications such as MBA or CFA preferred)

- 7-10 years of previous work experience in financial services industry (asset management, investment banking, consulting, etc.)

- Previous experience as risk manager or investment analyst supporting corporate credit, private credit, or private equity portfolios preferred

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

- Ability to anchor relationships with lead portfolio managers and build networks across BlackRock and externally

- Highly organized, proactive, with impeccable attention to detail

- Ability to bring innovative ideas into portfolio construction and risk management processes

Compensation: For New York, NY: USD $155,000 - $210,000 salary range, plus annual discretionary bonus and benefits including healthcare, leave benefits, and retirement benefits.

Hybrid Work Model: Employees are required to work at least 4 days in the office per week, with flexibility to work from home 1 day weekly.

BlackRock is seeking a Private Markets Risk Manager, Vice President to join their Private Credit team in New York, United States.

This role involves supporting senior leadership in deal evaluation, due diligence, and portfolio monitoring.

The position is Full-time.

Compensation: $155,000 - $210,000 plus annual discretionary bonus.

Interested candidates can apply through the original job posting.