Blackrock PAG prestige?

Press0's picture
Rank: Senior Monkey | banana points 82

I want to know how prestigious BlackRock PAG is. I am deciding between some offers between this and a prop trading shop called trillium.

I'm leaning towards BlackRock right now because i hear it is very analytical and has great exit ops into hedge funds or investment banking because of the BlackRock name.

Some people though have been telling me that this is a back office job and I won't be analyzing stocks, is this true or are they just jealous? Some of my classmates who told me this probably didn't get interviews so just letting you know.

also is it possible to get into investment banking from BlackRock and if so does it base more on gpa and major or your current job? i ask this because my current stats are not too impressive i have a 3.2 from a nontarget state school (top 100 us news ranking).

thanks.

also please let me know what PAG does? and if prestige is better than prop trading.

Comments (30)

Feb 4, 2013

For some reason, every group at Blackrock sounds like back-office.

Feb 4, 2013

back office sweatshop, apparently

Dec 24, 2017

not true. their hours are 9AM-5PM

Feb 4, 2013

Trillium is a legit prop shop. I think "shorttheworld" worked there. Might want to PM him.

    • 1
Feb 4, 2013

I've been at trillium, pm me. It's a great shop.

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Feb 4, 2013

So Blackrock PAG isn't front office? The people I interviewed with told me it was basically front office and that you can move into portfolio management easily, does this mean exit ops into hedge funds from PAG?

Feb 4, 2013
Press0:

So Blackrock PAG isn't front office? The people I interviewed with told me it was basically front office and that you can move into portfolio management easily, does this mean exit ops into hedge funds from PAG?

whenever the selling point of a group is that "you can move into another group" at the same firm, you know you don't want to be in that group.

Feb 4, 2013

Skill set from PAG is so far removed from what you would be doing as an analyst at an investment bank, so you may as well call it back office.

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Feb 4, 2013

so you think trillium is better?

i talked to another blackrock PAG alum and he says its basically front office and u can decide investment decisions

Feb 4, 2013
Press0:

so you think trillium is better?

i talked to another blackrock PAG alum and he says its basically front office and u can decide investment decisions

While this is technically true, choosing which passively managed fund to allocate their 401k into isn't exactly the type of investment decision most people are looking for.

Feb 4, 2013

This sounds like a technology, back office reporting, or risk mgt function to me. I don't see anything about investment decisions in here.

Portfolio Analytics Group

The Portfolio Analytics Group (PAG) is a risk and analytics group in BlackRock Solutions that utilizes sophisticated analytics on fixed income, equity and alternatives businesses to help our clients and portfolio managers understand their portfolio exposures, strategy, risk and returns. PAG provides the daily risk reporting and ad-hoc analytical support to over $7 trillion worth of assets under risk management across thousands of portfolios. Analysts will gain a broad understanding of the asset and risk management business, which includes learning about the wide range of securities our clients trade, how they are priced in the market, how we analyze them within BlackRock Solutions and what sensitivities they have to various market factors. The group is also responsible for developing, maintaining and enhancing the technology that is used to support the trading and reporting needs of BlackRock Solutions' risk management clients.

Feb 4, 2013

I know a couple people who work in PMG, they say PAG is back office. Few people outside of PMG know its back office so I'd say its still pretty prestigious though

Similar to MSSB

Feb 4, 2013

How about prestige of FMA?

Best Response
Feb 4, 2013

Given you are Mr. Prestige: it is very simple, PMG is where it's at. You can make up whatever excuses you want for PAG being "FO". Twist/spin that job description all you want, label it, map it on your subjective little 1 to 10 FO scale, but you'll only be kidding yourself. It is binary. You're either in that clearly defined investment role or you're not. There's no in between and there are no grey areas.

Now, if you just want a decent well-paid job where you can challenge yourself, PAG probably has some very rewarding and interesting functions. However, judging by your posts, you'll always be that little douchebag. The douchebag that's always concerned with his status (despite having none). The same one who's always trying to explain what it is he does exactly while always using vague descriptions...instead of just owning up to it with a simple "oh I'm in PAG at BlackRock" or "I'm in operations at GS".

Rant over. Go with trillium.

    • 3
Feb 4, 2013

I think you guys are all just jealous. trillium is a no name and will be hard to get into IBD from there. i'm a non target so I need a big name on my resume like blackrock. PAG is also more like risk which I hear is up and coming and the next big thing for hedge funds and investment banks.

can someone tell me how prestigious PAG is from 1-10.

Feb 4, 2013
Press0:

I think you guys are all just jealous. trillium is a no name and will be hard to get into IBD from there. i'm a non target so I need a big name on my resume like blackrock. PAG is also more like risk which I hear is up and coming and the next big thing for hedge funds and investment banks.

can someone tell me how prestigious PAG is from 1-10.

1/10 Mr. Troll

Feb 5, 2013
Press0:

I think you guys are all just jealous. trillium is a no name and will be hard to get into IBD from there. i'm a non target so I need a big name on my resume like blackrock. PAG is also more like risk which I hear is up and coming and the next big thing for hedge funds and investment banks.

can someone tell me how prestigious PAG is from 1-10.

Hilarious. Gave up the trolling too easily.

    • 1
Feb 4, 2013

Flake you're a hater. i will be telling everyone i work in the best group at blackrock and that's it. no need to be jealous, i bet you don't even have a job as prestigious as mine.

Feb 4, 2013

I'm totally jealous. Can I be a part of your posse?

    • 1
Feb 8, 2013

Shorttheworld used to work at Trillium so you should PM him and discuss. He was very successful there, so he may be a bit bias, but I imagine he'll give you an honest picture of what you're looking at. The salary is like 26k in midtown NYC and the washout rate is extremely high. It is pure equity/etf prop in the sense that it isn't terribly dissimilar from using E-trade on your own. That being said, it is entirely "legit" and not a scam like several companies that claim to be "prop firms". If you want to analyze and trade stocks, that does seem like a good fit, just be aware of the situation. I don't really see how either will lead you on a clear path to IB without getting an MBA first.

In my mind, PAG will be a steady paycheck and you might be able to transfer to other areas with some experience. The trading firm is high risk/high reward so it really just depends what you're looking for.

Feb 8, 2013

This was awesome

Feb 8, 2013

+1? Any insights on bonus & salary progression?

Feb 8, 2013

why don't you google it?

Feb 8, 2013
Dec 24, 2017

A lot of coding (CS + Econ/Finance/Business) preferred
quite technical

Feb 8, 2013