About this role

Team Overview

Black Rock is one of the world’s leading providers of investment, advisory, and risk management solutions. 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 i Shares® ETFs.

Black Rock’s Global Cash Management is a dynamic area of growth. We are one of the largest managers of cash in the world with over $1 trillion in cash assets under management (as of 31 December 2025). We have been an innovator and leader in the cash markets for over 30 years by combining investment management, distribution, and technology to build a safe, effective and efficient cash management experience for our clients.

About this Role

Black Rock is looking to hire a Junior Portfolio Manager to join its Global Cash Management team in the Philadelphia, Pennsylvania office. The Junior PM will have a unique opportunity to work closely with senior portfolio managers, research analysts, and operations professionals in addition to working closely with broker-dealers and counterparties in trading and managing a book of short-term funding instruments. A successful candidate will be self-motivated and naturally curious with exceptional problem-solving capabilities. A foundational knowledge of banking and capital markets, experience in the money markets is a plus.

Key Responsibilities:

• Monitor and manage the liquidity needs of portfolios.

• Analyze market conditions and provide daily insight to senior investors.

• Support the operational workflows of the senior portfolio management team.

• Participate in projects to improve efficiency of PM and trading processes.

• Assist in preparing reports and delivering market updates

• Interact with different business areas including technology, legal, risk, and operations.

• Maintain understanding of the regulatory environment that governs our operations.

Qualifications:

• BA/BS required with preference for Math, Engineering, Finance or Economics.

• 2-3 years of experience or internships in financial markets or related areas a plus.

• Strong attention to detail and the ability to synthesize large amounts of data.

• Excellent written and verbal communication skills.

• Outstanding problem-solving and interpersonal skills.

• Experience building, deploying or scaling solutions a plus.

• Strong organizational and multitasking skills.

• A high degree of integrity with the ability to handle confidential matters.

• Capacity to work in a fast-paced environment.

• Collaborative attitude is a must.

• Experience with Bloomberg and Aladdin a plus.

For Philadelphia, PA Only the salary range for this position is USD**$105,000.00** - USD**$140,000.00** . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. Black Rock 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

Black Rock’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 Black Rock.

About Black Rock

At Black Rock, 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 Black Rock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

Black Rock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

Black Rock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.

Assistance@blackrock.com. All requests are treated in line with our privacy policy.

Black Rock 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.