Investment Risk and Quantitative Analysis
Positions available in the Americas, APAC and EMEA
The Risk & Quantitative Analysis (RQA) group provides independent top‑down and bottom‑up oversight of BlackRock’s investment and enterprise risks. We deliver risk management, tailored advice and quantitative analytics to ensure risks are well understood and appropriately managed to support stronger business and investment outcomes.
We apply quantitative analysis, market expertise and multidisciplinary skills to identify, assess and address real‑world risks across portfolios and the firm. We partner closely with investment teams and other businesses to challenge assumptions, inform decision‑making and help portfolio managers build risk‑aware portfolios. We also develop and enhance analytics for risk and portfolio management by leveraging Aladdin’s capabilities.
Team you may be considered for:
It is possible that you may be evaluated for opportunities with teams other than the one listed below.
Investment Risk
- Partners with investment businesses to deliver independent risk oversight and constructive challenge on managing risk and return for portfolios
- Develops expertise in global portfolio management teams’ investment processes to provide quantitative advice and risk oversight
- Leverages global subject‑matter expertise in investing, macroeconomics and strategy
This function is known for:
- Being a team of outstanding risk managers and quants partnering with portfolio management teams to oversee our clients’ portfolios to ensure they are consistent with specified risk and performance objectives
- Providing real-world solutions that help preserve the financial well-being of all our clients
- Holding unbiased insights into financial markets and portfolios
- Providing critical independent thought leadership and risk oversight for senior management of the firm and the Board of Directors
What will you do as an Analyst?
- Develop a strong understanding of fundamental risk management principles including risk estimation methodologies, stress testing and attribution
- Deepen your understanding of financial markets and how market dynamics influence portfolio outcomes
- Apply statistical techniques to real financial data and live portfolios to support portfolio managers’ real‑time decision making
- Critique risk models using experience and judgment to interpret outputs and recommend improvements
- Communicate complex ideas clearly and effectively to key partners to influence outcomes
- Partner with Core Risk Management in regular risk oversight and contribute to key risk identification and control evaluation efforts
- Leverage technology including Python to query data, conduct statistical analyses and support research into investment risk
What capabilities are we looking for?
- A passion for applying quantitative techniques to real‑world problems
- Effective communication and presentation skills that make complex ideas accessible
- Strong critical thinking and problem‑solving skills for tackling analytical challenges
- A deep curiosity about financial markets and how they shape portfolio outcomes
- Python coding skills – or a strong interest in developing them – supported by intermediate programming expectations (e.g., R and/or Python)
- An interest in pursuing the FRM and/or CFA designation as part of long‑term professional development (noted as a strong plus)
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