Skip to main content

Portfolio and Climate Risk Modeling Vice President

Locations: London, United Kingdom

Overview of Technology roles

At BlackRock, technology has always been at the core of what we do – and today, our technologists continue to shape the future of the industry with their innovative work. We are not only curious but also collaborative and eager to embrace experimentation as a means to solve complex challenges. Here you’ll find an environment that promotes working across teams, businesses, regions and specialties – and a firm committed to supporting your growth as a technologist through curated learning opportunities, tech-specific career paths, and access to experts and leaders around the world.

Job description

About this role

The Aladdin Financial Engineering business is responsible for all analytics technology across the Aladdin platform. We research, develop, and implement state-of-the-art quantitative models used to assess financial risk across fixed income, equities, derivatives, alternative products and private markets.

Within AFE, the Portfolio and Climate Risk (PCR) modelling team plays a central role in delivering core portfolio risk analytics alongside climate, energy, and transition risk modelling capabilities used across BlackRock’s investment platform.

Team overview & what we do 

The Portfolio& Climate Risk(PCRmodelling team is responsible for the research, development, and continuous evolution of BlackRock’s multi-asset portfolio risk models and climate- and energy-related risk analytics delivered through the Aladdin platform.

The team leads the development of foundational portfolio risk analytics, including factor-based risk models, Value-at-Risk (VaR), tracking error, and stress testing across equities, fixed income, and derivatives. These analytics support portfolio construction, risk oversight, regulatory reporting, and client decision-making, providing a consistent and scalable risk language across investment workflows.

In parallel, the team develops financially grounded climate, energy, and infrastructure risk models, including climate physical risk, energy systems, energy transition, decarbonization pathways, and geospatial analytics. These models are integrated into asset valuation, portfolio monitoring, due diligence, and client reporting, translating complex climate and energy signals into decision-relevant insights embedded across Aladdin platforms.

As a Vice President in the Portfolio and Climate Risk Modeling team, you will provide technical leadership across power market and energy transition modeling while operating within a broader portfolio risk modeling ecosystem. The role combines hands-on quantitative research with strategic ownership of models, stakeholder engagement, and governance. You will help shape modeling roadmaps, mentor junior modelers, and ensure analytics meet the standards required for enterprise-scale investment use.

Key Responsibilities: 

  • Develop and maintain models for power market analytics, comprising dispatch, balancing/reserve market, price and revenue calculationreporting and visualization.

  • Develop and maintain the Aladdin Transition Scenario Engine underpinning the BII Transition Scenario in partnership with the BlackRock Investment Institute (BII). Conduct research and develop data pipelines to ensure BIITS reflects the latest technology, policy and macro-economic developments, in line with our investment platform views.

  • Conduct research using data science and AI/ML techniques to enhance analytics, create investment signals or thought leadership papers.

  • Engage with stakeholders (investors, governance) to facilitate adoption of these analytics into the investment process.

  • Perform & implement complex quantitative calculations with high accuracy and performanceleveragingBlackRock’s content experts and modelers.

Skills & Qualifications: 

  • Bachelor or master’s level education in Computer Science, Engineering, or a related discipline.

  • Minimum 3+ years of experience in energy modelling, with a preference for energy systems or power market modelling.

  • Formidable analytical, problem-solving, and critical thinking skills.

  • A passion for providing fundamental software solutions for highly available, performant full stack applications with a “Student of Technology” attitude.

  • Demonstrates enthusiasm for teamwork, multitasking and effective communication within a collaborative, fast-paced environment.

  • Exhibits strong individual productivity, including the ability to work independently, maximizesthe impact of the work deliveredquickly adapt, self-motivate and efficiently learn new skills.

Familiarity with following areas is essential:

  • Power market modelling (dispatch, capacity expansion),

  • Optimization (LP, CPLEX) and Machine Learning,

  • Python development (PyPSA, scikit-learn, streamlit, polars) using git,

  • Data analytics & content research,

  • Exposure to integrated assessment models.

Familiarity with following areas is desirable:

  • GenAI is used very widely across a range of activities: drafting code and documents, researching and summarizing information to name a few,

  • Exposure to model development lifecycle including interactions with stakeholders and partners (investors, governance, software engineers and product designers),

  • Exposure to private assets modelling.

Good to Have 

  • Understanding of Agile Software Development Life Cycle underpinned by Azure DevOps.

  • Knowledge of investment process, climate risk particularly transition risk & decarbonization analytics.

  • CFA/FRM preferred.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; 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 Employer.  We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.

Job Requisition #
R263713
Apply
Map Icon
Explore this location View Map

BlackRock Principles

We look to hire people that will embody our BlackRock Principles:

  • We are a fiduciary to our clients.

    This is the bedrock of our identity; it reflects our integrity and the unbiased advice we give our clients.

  • We are One BlackRock.

    We work collaboratively to create the best outcomes for our clients, our firm and the communities where we operate.

  • We are passionate about performance.

    We are relentless in innovating and finding better ways to serve our clients and improve our firm.

  • We take emotional ownership.

    We have a deep sense of responsibility to our clients and to each other.

  • We are committed to a better future.

    We are long-term thinkers, focused on helping people build a better tomorrow.

Orange and yellow blocks

Career path

We recognize that our technologists benefit from a tailored approach to navigating and advancing their careers in the ways they envision. Our tech career paths are specifically built to support vertical and horizontal trajectories – including Enterprise Leadership (team manager) and Tech Leadership (individual contributor) ‘tracks’ as well as various other career moves.

  • Engineer I (Analyst)
  • Engineer II/III (Associate)
  • Senior Engineer I/II (Vice President)
  • Lead Engineer
    (Vice President)
    Engineering Team Manager
    (Vice President)
  • Principal/Sr. Principal
    Engineer (Director)
    Engineering Team Director/ Sr. Engineering Team Director
  • Managing Director
    Managing Director
  • TECH
    LEADERSHIP
    ENTERPRISE
    LEADERSHIP

Benefits

We care about your overall well-being and design our benefits package to support you in various aspects of your life.

  • Financial well-being

    We offer resources designed to help you build a sound financial future for you and your family, like retirement savings plans and tuition reimbursement.

  • Pay for performance

    Our pay-for-performance philosophy includes a base salary and a discretionary annual bonus.

  • Physical well-being

    Our healthcare plans and resources help you focus on your physical health, so you and your family can feel your best.

  • Emotional well-being

    We support our people's mental health and emotional well-being by providing access to an Employee Assistance Program and a network of Mental Health Ambassadors.

  • Life management

    You'll be able to focus on moments that are important to you with benefits designed to support life in and outside of work with Flexible Time Off, parental leave and more.

Stay in the know

Sign up to get information on open roles, upcoming events and life at the firm – straight to your inbox.