Model Governance & Performance Monitoring , Aladdin Financial Engineering - Associate

Job Description

About Aladdin Financial Engineering (AFE):

Join a diverse and collaborative team of over 300 modelers and technologists in Aladdin Financial Engineering (AFE) within BlackRock Solutions, the business responsible for the research and development of Aladdin’s financial models. This group is also accountable for analytics production, enhancing the infrastructure platform and delivering analytics content to portfolio and risk management professionals (both within BlackRock and across the Aladdin client community). The models developed and supported by AFE span a wide array of financial products covering equities, fixed income, commodities, derivatives, and private markets. AFEprovidesinvestment insights that range from an analysis of cash flows on a single bond, to the overall financial risk associated with an entire portfolio, balance sheet, or enterprise. 

Role Description: 

We areseekinga highly analyticalAssociateto join theSecuritized Products Modeling Teamwithin AFE Single Security. This role will support the fullmodel life cyclefor RMBS, CMBS, ABS, and CLOs, with a strong focus onmodel development, governance, and performance monitoring. You will collaborate with quantitative developers, risk teams, and stakeholders to ensure models are robust, well-documented, and aligned with internal and regulatory standards.

Key Responsibilities:

• ModelDevelopment & Life Cycle Support–Contribute to design,enhancementand implementation of securitized products models.Assistin model validation, implementation testing, and integration into production environments. 

• Governance & Risk Management – Design and implement methodologies tomonitormodel performance, including defining test metrics anddefining performancethresholds.Respond to risk reviews and address findings with clear, quantitatively driven solutions. 

• Data Quality Control –Perform rigorous checks on model inputs & outputs to ensure consistency across model development & implementation layers

• Programming & Automation – Develop andmaintainscripts in Python, R, C++, or similar languages to support automated monitoring and reporting workflows.

• Communication & Reporting – Clearly present model and monitoring results and methodologies to model reviewers, risk teams, and other stakeholders in both written reports and meetings.

Qualifications:

• Experience – 3-4 years of hands-on experience in model development, implementation, or validation. 

• Quantitative Background – Degree in a quantitative field such as Engineering, Mathematics, Statistics, Computer Science, Finance, or Economics.

• Technical Skills – Strong programmingproficiencyin Python, R, or equivalent; experience with C++ is a plus.

• Securitized Products Knowledge – Familiarity with RMBS, CMBS, ABS, or CLOs is a plus, though notrequired.

• Communication Skills – Excellent written and verbal communication skills, with the ability to explain complex modeling concepts and results to both technical and non-technical stakeholder