Applied Risk & Performance Quant, Vice President

About this role

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’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. 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.

BACKGROUND

Do you thrive in an environment that champions positive relationships and recognizes outstanding performance? Elevate your career by joining the world's largest asset manager and the most sophisticated institutional FinTech in the industry. At BlackRock, we strive to empower our employees and integrate your involvement into our collective success. With assets from a global and diverse client base flowing through Aladdin, we have an outstanding responsibility: our technology and services empower hundreds of institutions to achieve their strategic and financial objectives every day.

The Analytics & Quantitative Solutions (AQS) team within the Aladdin Business is responsible for delivering high-impact solutions to our clients’ investment, risk and business challenges, as well as expanding and enhancing Aladdin’s analytics capabilities through research and innovation, capitalizing on the collective intelligence of Aladdin's client community. Each team member is tasked with understanding market and investment practice trends along with client needs, and proactively offering new and comprehensive solutions using Aladdin analytics and data. The Vice President within the AQS team will contribute to solving complex challenges for market practitioners by crafting and developing analytics solutions projects and initiatives.

TEAM

AQS is actively seeking a New York based Vice President to work in the diverse group of market and analytic experts, collaborating with business leaders to develop impactful and fit for purpose solutions for Aladdin clients across regions and industries. The person will also work with colleagues from the Aladdin Client Business, Aladdin Financial Engineering and Aladdin Product teams to evolve our analytics capabilities across Fixed Income, Equity and Alternatives asset classes.

RESPONSIBILITIES

Key responsibilities of the role include:

• Drive analytics, modeling, and investment tool improvements for Aladdin factor models based on client feedback and evolution within the financial landscape

• Provide subject matter expertise on the market, industry trends landscape and applicable Aladdin analytical solutions

• Draw upon deep subject matter expertise and thought leadership to drive client engagement and provide support during pre-sale and implementation processes

• Address industry challenges and showcase Aladdin’s capabilities by developing customized fit-for-purpose solutions and analyses for targeted client and prospective client use cases

• Participate in firm-wide initiatives for enhancing analytics and strategic partner relationships

• Coordinate to resolve analytics issues and ensure successful analytics model validation and deployment

• Provide guidance on sophisticated analytics inquiries to clients and partners across Client Business, Client Services, and Analytics Production teams

QUALIFICATIONS

• 5+ years in a quantitative role, preferably in financial services, financial technology, or consulting companies

• Academic degree(s) in Financial Engineering, Mathematics, Computer Science, Statistics, Economics or related field

• Understanding of equities and fixed income factor risk models required; experience with multi-asset models desired

• Knowledge of private markets is a plus

• Familiarity with Excel and established background with programming languages (Python is preferable) is a must

• Experience with scripting and visualization tools is desirable

• Superior communication and presentation skills

• Keen interest in financial markets and ability to comprehend the impact of market events

• Excellent problem solving abilities, and experience understanding complexity of clients' challenges

• Enjoys a fast-paced, energy-filled environment. Works well in a team setting with autonomy. Well organized and able to handle multiple priorities

• Keen to deliver to clients, willing to take on additional responsibilities

For New York City only: The salary range for this position is $150,000 – $204,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock 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

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 and Affirmative Action Employer.  We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock 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.