Associate

About this role

Company: BlackRock Financial Management, Inc.
Job Title: Associate
Location: 50 Hudson Yards, New York, NY 10001

Job Duties: Perform analysis and research on securities using statistical methods and machine learning including natural language processing. Utilize large and unconventional data sources to identify and test market patterns related to sustainability. Develop valuation approaches, improve mathematical models and convert algorithms into code. Back test and implement trading models and signals for BSII strategy. Design, develop, and deploy code to be used by other quantitative researchers. Partner with investment, risk and client-facing teams to understand their business problems and provide differentiated, creative solutions using Aladdin analytics. Develop a broad understanding of analytics, markets, and Aladdin's capabilities, by utilizing analytical models, reports and large-scale data processing tools to help investment teams and clients manage their portfolio risk, exposure and performance. Perform special analyses in response to market events, new business needs and client needs. Improve operational efficiencies to enable scalable business growth, by working with technology and analytics groups across BlackRock to build and deliver scalable customized solutions leveraging Aladdin APIs and the Aladdin Data Sciences platform.

Qualifications: Master’s degree (or foreign equivalent) in Mathematics, Financial Engineering, Data Science, Operations Research, Mathematics, Statistics or a related field. In the alternative, Bachelor’s degree (or foreign equivalent) in Mathematics, Financial Engineering, Data Science, Operations Research, Mathematics, Statistics or a related field; and 24 months experience in the job offered or in a related occupation. Requires any experience with Master's or 24 months of experience with a Bachelor's involving the following: 1. Build infrastructure and data pipelines to scale and centralize research and analytics for multi-asset investment teams; 2. Utilize SQL and Python to conduct statistical analysis; 3. Statistical techniques and experience in real life applications (statistical, time-series, machine learning, natural language processing, deep learning); 4. Using data science algorithms to provide tactical solutions to asset teams to support end-to-end investment processes; 5. Support daily to day analytics procedures in a data research environment including risk and attribution reports.

To apply, please click “Apply” on this webpage.

For New York City only: The salary range for this position is $138,200 - $147,500. 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.