Municipals Primary Markets Analyst

About this role

About BlackRock

BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.

About BlackRock US Municipals Group

The Municipal Fixed Income business in BlackRock’s Portfolio Management Group is one of the largest managers of municipal securities in the industry with over $159 billion of assets under management.  The platform offers a broad array of investment choices including mandates focused on both taxable and tax-exempt bonds.  BlackRock seeks a Gurgaon-based Analyst to join its Municipal Primary Markets Group.  The analyst will have close daily interaction with a variety of investment professionals on the Municipals, Data Integrity, Legal and Compliance, and Trade Operations teams globally.

Position Overview:

The responsibilities of a Municipals Primary Markets Analyst include:

• Coordinate BlackRock’s participation in new issue (primary market) municipal bond transactions from portfolio managers across the US Municipals platform
• Communicate orders to investment banking counterparties in a professional manner with the goal of achieving the best possible allocations for our clients
• Organize and maintain a centralized database of pertinent new issue information, including data sourced from both internal and external sources
• Conduct relative value analysis on public issuers of municipal debt to uncover investment opportunities in the primary market

• Build partnerships and strong working relationships with analysts, portfolio managers and other internal BlackRock stakeholders, serving as a resource and an ambassador of the Municipal Group in the APAC region
• Develop contacts with sell-side traders, salespeople and underwriters focused on the US Public Finance market
• Contribute to regular team meetings and prepare written commentary on the municipal market

Qualifications:

• Undergraduate degree in a relevant field
• Excellent written and verbal communication skills
• 1-3 years US fixed income market experience; knowledge of the municipal bond market preferred
• Ability to work during times that overlap with financial markets hours in eastern US (approximately 13:00-22:00 IST) and provide for seamless handoff of daily tasks with US-based counterparts
• Strong technical skills including knowledge of SQL, Python, VBA, R, or other programming languages
• Mastery of MS Excel required; experience with Bloomberg and Aladdin preferred
• Proven experience working both independently and as part of a team in a highly collaborative, global environment
• Passion for financial markets

We are looking for people who are:

• Tech-Savvy: You want to find new ways to outsmart the problem
• Curious: You have a self-starting personality
• Passionate: You feel personal ownership for the work you do
• Open: You want to work as part of a team

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 Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.