Modelling Data Scientist, Associate - AI Labs

AI Labs Overview:

Since our founding over 30 years ago, BlackRock has brought together great minds to drive innovation. From the beginning, we have been demonstrating technology for insight and efficiency to make our business better and to help clients realize the objectives they desire. At BlackRock, there is a rich problem space for data scientists and engineers across all areas of the business including investments, sales, marketing, operations, product, UX, etc. and the potential to have large scale impact.In 2018, BlackRock accelerated innovation and technology again with additional investment in artificial intelligence and data science and all the potential they represent.

AI Labs was formed to act as a central hub with a firm-wide remit to solve strategic business challenges for the firm by bringing to bear our expertise in data science, machine learning, generative AI, optimization, stochastic control and statistics. Our mission is to combine human and machine intelligence to revolutionize asset management.The team is led by Dr. Rachel Schutt.

Our solutions drive towards commercial impact in the form of alpha generation, operational efficiencies, and cost reduction. Building on the success of systematic investment teams with a history of demonstrating machine learning at BlackRock to create alpha, the goal is to apply these same techniques throughout the business.

The team has grown to 40+ data scientists and data engineers. Working collaboratively, the team is multi-disciplinary with the following skills and capabilities: machine learning, statistical modeling, signal detection, natural language processing, data visualization, network/graph modeling, ETL, data pipelines, data architecture, communication, product management and strategy. We work with data from a wide variety of sources including text, news feeds, financial reports, time series transactions, user behavior logs, and real-time data.

AI Labs has offices in New York, Palo Alto, Edinburgh, Atlanta and Seattle. 

We are looking for candidates with unique backgrounds and diverse skill sets with fresh perspectives to accelerate and amplify our efforts to make an impact at BlackRock. AI Labs aims to bring best of class technologies, analytics, and insights to the entirety of the firm and to our clients.

Job Description

As a data scientist, you will collaborate with a distributed team of outstanding academics, engineers, and investment professionals to develop methodologies to solve a corporate-wide set of client, investor, and operational problems. Solutionsdeveloped often use multiple subject areas, including statistics, artificial intelligence, machine learning, and optimization, and combine original methods with pioneering solutions available in industry and academia. You will be part of the entire research lifecycle, from initial research and prototyping, to iterating on system design, to detailing the final solutionand clearing internal review processes.