Associate

About this role

Company: BlackRock Institutional Trust Company, N.A.

Job Title: Associate

Location: 400 Howard St San Francisco, CA 94105

Job Duties: Work with other quantitative researchers and portfolio managers to develop innovative investment strategies that can add alpha for our active Systematic Fixed Income products. Deliver high quality research using advanced statistical techniques, contribute to the team’s code infrastructure and trading tools, construct and support quantitative investment models. Critique and improve our existing Rates market investment models. Participate in market and quantitative research debate across the RV and Systematic Fixed Income team. Work with the technology developers to ensure quantitative investment models run in a timely fashion.

Qualifications: Master’s degree in Financial Engineering, Applied Mathematics, Statistics, Econometrics or related quantitative field and two (2) years of experience in the job offered or as a Associate, Analyst or related. Employer will accept a 3-year or 4-year Bachelor’s degree. Must have two (2) years of experience with: Python; Excel and VBA; and Statistical modelling methods, including Econometric techniques. Must have one (1) year of experience with: Object-Oriented programming and SQL; Systematic investing methods, including Time Series Analysis and Portfolio Optimization; Macroeconomic theory and application to investment problems; and Fixed Income Mathematics. Must have any amount of experience with: Derivatives markets including Option Pricing; Data analysis and Machine Learning methods, including Classification and Decision Trees techniques; and Risk Modelling and Computational Methods, including Monte Carlo simulations and Linear Programming techniques. Experience with the required skills may be gained through graduate-level coursework, internships, or work experience.

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

For San Francisco, CA Only the salary range for this position is USD$145,900.00 - USD$162,000.00 . 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.

We recruit, hire, train, promote, pay, and administer all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law. We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses.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.