# Director, Investment Strategy - BlackRock Investment Institute (BII) - Italy

**Company**: BlackRock
**Location**: Milano, Lombardia
**Experience**: senior
**Job type**: full-time
**Salary**: 140000 - 195000 EUR
**Category**: Finance
**Industry**: Finance
**Wikidata**: https://www.wikidata.org/wiki/Q219635

**Apply**: https://jobs.workable.com/view/3VFKQAraae7v4MakT7YDVC/director%2C-investment-strategy---blackrock-investment-institute-(bii)---italy-in-milano-at-blackrock?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_8573f925-657

## Description

The BlackRock Investment Institute (BII) brings together BlackRock's expertise and proprietary research to provide insights on the global economy, financial markets, geopolitics, sustainable investing, portfolio construction, and long-term asset allocation.

As a Milan-based Director and Investment Strategist, you will develop research and analytics that inform global Tactical Asset Allocation (TAA) views and their portfolio implications. At least half of your time will focus on hands-on research, including data analysis, investment modelling, and the development and testing of cross-asset hypotheses.

Your responsibilities include:

- Developing and critically evaluating investment models, testing asset-allocation hypotheses, assessing the strength and limitations of the evidence, and using research to support or challenge investment views.

- Contributing to investment discussions, identifying topical macroeconomic and asset-allocation questions, preparing substantive inputs for the monthly investment meeting cycle, and presenting and defending conclusions with the wider TAA team.

- Delivering selected Italian client engagements, taking responsibility for the agreed program of client meetings and smaller events, presenting BII macroeconomic and market insights, and explaining specific portfolio implications.

- Collaborating with regional Wealth, Institutional Client Business (ICB), and Investment Portfolio Solutions (IPS) colleagues to connect investment insights to relevant client partnerships and product or solution discussions.

We are looking for someone with:

- At least 10 years of relevant experience and a strong track record in tactical asset allocation, multi-asset investing, macro investment strategy, or cross-asset research.

- Hands-on analytical capability, with evidence of personally conducting empirical research and developing or critically evaluating investment models.

- Experience using AI-assisted coding and other approved analytical tools to improve research workflows.

- Strong writing, presentation, and client communication skills.

- Professional fluency in Italian and English, with the ability to present investment views and respond confidently to client questions in both languages.

The salary range for Italy is 140000 - 195000 EUR. Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits.

## Skills

### Required
- investment strategy
- tactical asset allocation
- macro investment strategy
- cross-asset research
- data analysis
- investment modelling
- client communication
- Italian
- English
- AI-assisted coding

### Nice to have
- Spanish

---

Source: [Apply at jobs.workable.com](https://jobs.workable.com/view/3VFKQAraae7v4MakT7YDVC/director%2C-investment-strategy---blackrock-investment-institute-(bii)---italy-in-milano-at-blackrock?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)