About this role
BlackRock Overview:
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.
Aladdin Financial Engineering Group (AFE)
AFE is a diverse and global team with a keen interest and expertise in all things related to technology and financial analytics. The group is responsible for the research and development of quantitative financial and behavioral models and tools across many different areas – single-security pricing, prepayment models, risk, return attribution, liquidity, optimization and portfolio construction, scenario analysis and simulations, etc. – and covering all asset classes. The group is also responsible for the technology platform that delivers those models to our internal partners and external clients, and their integration with Aladdin.
AFE conducts leading research on the areas above, delivering state-of-the-art models. AFE publishes applied scientific research frequently, and our members present regularly at leading industry conferences. AFE engages constantly with the sales team in client visits and meetings.
Role Overview
We are seeking an analyst level quant developer to join Single Security Pricing team within Aladdin Financial Engineering Group at BlackRock
Job Description
Quantitative Modeling: Expand product and market coverage to address evolving client needs by researching, implementing, and rolling out new models and analytics.
Maintain and enhance existing interest rate, inflation, FX, synthetic credit and equity derivative pricing models.
Model Infrastructure: Design APIs to provide clients with novel ways of leveraging our models. Refactor existing analytical code to make it more modular and scalable.
Analytical Support: Participate in external client calls and on-site visits in support of the Aladdin business.
Thought Leadership: Keep abreast of latest trends in technology, quantitative finance, capital markets and regulation. Bring the latest techniques to bear on the problems we face in our day-to-day work.
You can help conduct research/development to build quantitative pricing models that help manage most of the money of the world’s largest asset manager. You can bring all yourself to the job. From the top of the firm down we embrace the values, identities and ideas brought by our employees.
We are looking for curious people with a strong background in quantitative modeling and development, who have awesome problem-solving skills, insatiable appetite for learning and innovating, adding to BlackRock’s vibrant research culture.
Qualifications:
Minimum education required: Undergraduate degree in a quantitative discipline (Mathematics, Computing, Computer Science, Physics, Finance, or similar area).
A post graduate degree is a plus.
CFA/FRM/CQF certifications are a plus.
Strong background in programming- C++ (preferred). Should have passion for programming and able to write performant code.
Able to apply quantitative techniques to solve real world problems.
Solid analytical mindset with a keen interest in solving problems
Some exposure to Interest Rate and Derivative Markets is a plus.
Ability to work independently and efficiently in a fast-paced and team-oriented environment.
Able to explain complex concepts to non-technical people in simple, intuitive terms.
#EarlyCareers
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 (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/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.