Associate, Analytics Specialist

About this role

About BlackRock: 
BlackRock is one of the world’s preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary, and individual investors around the world. BlackRock’s mission is to create a better financial future for our clients. We have a responsibility to be the voice of the investor, and we represent each client fairly and equally. Constant communication with a diverse team of partners strengthens us and delivers better results for our clients. Continuous innovation helps us bring the best of BlackRock to our clients. BlackRock offers a range of solutions — from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the world’s capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares® ETFs.
 
About Analytics Product (AP):
The Analytics Product team empowers investment and risk management decision making for BlackRock and Aladdin clients through industry leading models, analytics, research, and investor workflows. The team delivers value for users, clients, and prospects by reliably delivering on commitments, crafting compelling research and applied solutions, enabling new opportunities with fit for purpose analytics, and applying deep subject matter expertise across the client lifecycle. In close collaboration with partner teams across the Aladdin Business, the team executes the analytics and product development lifecycle with end to end ownership, accelerating model development and delivery through agile processes, leading the deployment of new model features and infrastructure enhancements, driving adoption across the Aladdin community, and promoting model quality through disciplined processes and governance. Analytics Product also shapes the future of the Analytics & Investor Platform by defining the multi year strategy for analytics and investor workflows, building leading private markets and whole portfolio analytics capabilities, shaping analytics infrastructure to support the next phase of growth, and delivering Open Analytics and APIs to enable Open Aladdin. The team is motivated by commercial outcomes and industry leadership, powered by exceptional talent and deep subject matter expertise, accelerated by a strong embrace of AI technologies, and committed to launching rewarding careers.

Our team is known for:

• Problem solving: We partner with investment, risk and client-facing teams to understand their business problems and provide creative solutions using Aladdin analytics
• Innovation & Product Vision: We sit at the intersection of finance and technology. We conceptualize, design and implement new capabilities to ensure that Aladdin remains the best platform for clients to understand and manage portfolios and risk
• Centralized & scalable operating platform: Aladdin is a global investment platform that helps us solve problems in a scalable and efficient manner

 
Role Description:
Analytics Product is actively seeking a New York based associate to serve as a security analytics subject matter expert as well as an owner of analytics as a product to develop impactful fit for purpose and enterprise grade solutions for Aladdin clients across regions and industries. The person will work closely with colleagues from the Aladdin Client Business, Aladdin Financial Engineering and rest of Aladdin Product teams to evolve our analytics capabilities across single security analytics areas.

Overview of Responsibility:

• Enhance BlackRock’s Aladdin platform with new security analytics, models, and processes in response to market demands and industry events such as credit expansion, regulatory regime changes etc.
• Understand rapidly evolving markets & stakeholder needs to influence analytics roadmap 
• Participate in firm-wide initiatives for enhancing analytics and strategic partner relationships
• Address industry challenges and showcase Aladdin’s capabilities by developing customized fit-for-purpose solutions and analyses for targeted client and prospective client use cases
• Draw upon deep subject matter expertise and thought leadership to drive client engagement and provide support during pre-sale and implementation processes
• Provide guidance on sophisticated analytics inquiries to clients and partners across Client Business, Client Services, and Analytics Production teams

Experience/Qualifications/Skills:

Candidates should have a demonstrated track record in tackling difficult real-world problems within investment & risk management businesses. The candidate will be expected to leverage extensive quantitative skills to lead complex security analytics projects in an endeavor to evolve the analytics platform within Aladdin. Furthermore, all positions require outstanding quantitative, communication, and presentation skills. 

Experience

• 3 - 5 years of experience in a highly analytical role developing, deploying, or using financial models. 
• Familiarity with advanced analytics, including options valuation, fixed income valuation techniques, interest rate modelling, and advanced credit analysis. Experience in cash flow modeling is desired
• Demonstrated success in project management with a diverse and demanding client base
• Detail-oriented, organized, and committed while leading multiple projects
• Project management expertise with demonstrated ability to lead ambiguous cross-functional initiatives.
• Pro-activeness, ability to multi-task, prioritize, set and meet deadlines, and strong attention to detail

Qualifications

• Engineering, Finance, Mathematics, Business Management or some other quantitative field of study.
• Acquired technical aptitude includes experience in Linux, SQL, and scripting platforms
• Programming language skills are advantageous (e.g. Python, advanced excel etc.)

Skills:

• Excellent quantitative and analytics skills. Ability to identify problems, design and articulate solutions, and implement change
• Excellent understanding financial markets and ability to comprehend the impact of market events
• Strone project management skills. Ability to prioritize deliverables/ inquiries when multi-tasking, structure multiple communication streams and manage workflows
• Excellent communication and presentation skills. Ability to collaborate with both technical and non-technical personnel
• Superb Interpersonal Skills: You will be expected to explain complex concepts to non-technical people in simple, intuitive terms

For New York, NY Only the salary range for this position is USD$137,500.00 - USD$170,000.00 . 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.

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 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 [email protected]. 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.