Analyst, Quantitative Researcher

About this role

BlackRock China Fund Management Corporation (FMC):

BlackRock’s purpose is to help more and more people experience financial well-being and the firm has a long history of investing in and serving investors in China. BlackRock aspires to become the leading global asset management firm operating in China and is committed to contributing to the long-term development of the local asset management industry. BlackRock China Fund Management Company, a Shanghai-based wholly-owned subsidiary of BlackRock, aims to extend its asset and risk management expertise and offer Chinese investors innovative and diversified mutual fund products and investment solutions to help transform more cash savers into long-term investors.

Role Description:

BlackRock is looking to continue its expansion in China with talented individuals who can truly drive the business to the next level.  We are currently looking for an experienced professional with minimum 2 years of quantitative research or investment experience, plus a strong desire to advance his/her career to take up the role of Analyst, Quantitative Researcher, with a focus on Equity or Multi-Asset. We will also consider exceptional candidates with strong experience who are returning to the industry. The position will be based in Shanghai and report to the CIO of Equity, MASS and Index at China FMC.

This role is expected to produce quantitative research and drive investment process according to business needs. In addition, this analyst will provide comprehensive support for offline IPO, including drafting stock valuation reports, driving offline processes, maintaining investment pool , etc. Furthermore,  this role will be highly involved in team daily operations with report automation,  performance / risk analytics and other ad-hoc tasks. The role is expected to progress towards ranked researcher or junior portfolio manager after a few years, depending on business needs and the candidate’s capabilities.

Key Responsibilities:

• Perform rigorous quantitative research (in areas like equities, fixed income, macro, CTA etc.) to generate candidate investment strategies. Write research reports on the signals and models. Productionize the signal generation systematically to be used in live products, after passing the required research approval process.

• Follow the market, macro and policy development on the daily basis. Automate data collection/analytics generation to produce regular reports.

• Work with RQA and IT teams to understand the risk analytics infrastructure, help to produce risk decomposition and performance attribution reports. Produce ad-hoc due diligence reports on issuers to maintain investment pools – leveraging quantitative insights as well as discretionary judgements on the issuers’ fundamentals.

• Report to the CIO of Equity, MASS and Index directly while collaborating with the team members, as well as other relevant teams (investments, trading, RQA, ops, tech, L&C etc.) both locally and across the globe.

• Process driven - track and update China offline IPO deals and relevant data. Write stock research reports - conduct financial analysis, build valuation models and provide pre-IPO pricings. Drive product-specific investment allocations in a timely and orderly manner.

Qualifications, Knowledge and Experience:

• Minimum 2 years of quantitative investment & research experience in areas like equities, fixed income, macro, CTA etc., from reputable financial institutions.  Experience in quantitative equity strategies, cross-asset quantitative research, and model-based quantitative strategies are highly preferred. Exposure to the global markets is a plus.

• Ability to independently conduct quantitative investment research. Ability to synthesize own work into research papers. Ability to communicate clearly with global teams. Past experience in implementing quant signals from research methodology papers (can be academic papers) is preferred.

• Self-driven and hard-working. Able to simultaneously drive multiple work streams from start to finish, while prioritizing critical business needs. Remain focused amid stressful market periods and despite working long hours.

• Familiarity with China onshore offline IPO would be a plus, such as the full end-to-end process, valuation, post-allotment follow-up arrangements etc.  

• Strong coding skill (Python preferred) . Advanced academic degrees preferred but not necessary. CFA, CIPM and other related professional qualifications preferred.

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.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

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.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an Equal Opportunity Employer.  We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.