Vice President

About this role

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

Job Duties: Lead the deployment of BlackRock intellectual property in complex enterprise level asset allocation and asset-liability management analysis. Leverage BlackRock’s proprietary capabilities, undertake stochastic, deterministic, and other statistical modelling to analyze investment outcomes, liabilities, accounting metrics, capital and other key insurance metrics. Work side-by-side with the broader Advisory team to assimilate client requirements, build close relationships with clients, and drive impactful and deployable asset allocation analysis. Direct the technological development of the Insurance Analytics team’s proprietary intellectual property. Use deep knowledge of BlackRock’s intellectual property architecture, leverage BlackRock’s extensive modelling platform and broader capabilities; design, build, and deploy leading edge insurance focused analytical capabilities. Engage closely with teams across BlackRock to ensure that Insurance Solutions infrastructure is aligned with and leverages what is available across the platform.

Qualifications: Bachelor’s degree (or foreign equivalent) in Information Technology, Mathematics, Engineering, Computer Science, Actuarial Science, Statistics, or a related quantitative field; and 6 years of progressive, post-baccalaureate experience in the job offered or in a related occupation. Requires 6 years of experience involving each of the following: 1. Quantitative modelling experience gained within an insurance company, asset manager, investment bank or consultancy. 2. Modern financial mathematics (e.g. bond mathematics, option pricing, hedging, stochastic processes, Monte Carlo simulation in real and risk neutral environment, interest-rate modelling) and portfolio construction analytics (e.g. mean-variance optimization with constraints). 3. Insurers’ portfolio construction considerations, including but not limited to ALM and asset allocation frameworks. 4. US and EMEA accounting and regulatory regimes under which insurers operate. 5. Demonstrable practical experience of model development in Python. 6. Asset-liability simulation model implementation and infrastructure development, maintenance and optimisation. 7. Portfolio construction and optimisation workflow and model design, implementation and maintenance.

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

For New York, NY Only the salary range for this position is USD$182,500.00 - USD$210,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, 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 workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency statement.

BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.

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.