About this role
The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock’s fiduciary and enterprise risks. RQA’s mission is to advance the firm’s risk management practices and deliver independent risk advice and constructive challenge to drive better business and investment outcomes. RQA’s risk managers play a meaningful role in BlackRock’s investment process, using quantitative analysis and a multidisciplinary skillset to tackle real-world problems and provide tangible solutions in the investment management process.
RQA is committed to investing in our people to promote both individual achievement and a strong collaborative environment. As a global group, our goal is to create a culture of inclusion that encourages teamwork, innovation, diversity and the development of future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.
The Role
We are seeking an Associate to join RQA’s Investment Risk team in New York. This role combines engagement with portfolio managers at the strategy level and oversight of aggregate risk exposures across the BlackRock platform.
The successful candidate will partner with senior risk managers, investment professionals, and executives to provide independent challenge, facilitate discussions on portfolio construction, and deliver actionable insights through advanced risk analytics.
Key Responsibilities
- Partner with senior risk managers to help ensure that the risks are fully understood by Portfolio Management and are consistent with our clients’ objectives and risk constraints.
- Monitor portfolio risks regularly and present analyses on markets, portfolio drivers, and performance attribution.
- Engage with investment managers and senior stakeholders to assess performance outcomes and inform decision-making across strategies.
- Understand how macroeconomic factors drive the investment decision-making process.
- Develop and present impactful analytics and frameworks to explain current platform exposures, how they evolve over time, and their sensitivity to market conditions.
- Partner with BlackRock Solutions to build 'state-of-the-practice' analytics and models through the Aladdin platform.
Knowledge / Experience
- 2–5 years of experience in market risk management, portfolio management or quantitative research.
- Degree in quantitative field (mathematics, finance, computer science, engineering, economics, statistics, etc.).
- Strong knowledge of equity markets, portfolio construction techniques, and cross-asset risk frameworks.
- Familiarity with scenario analysis, stress-testing, factor models, performance attribution, and related quantitative tools and methodologies.
- Track record of applying quantitative techniques to solving real-world investment problems.
- Solid coding skills in Python, SQL (experience with other languages a plus).
- An ability to explain complex ideas in simple but impactful terms to influence portfolio construction decisions.
- Passion for financial markets and risk management, with curiosity for new approaches and tools.
- Interest in pursuing FRM or CFA designation (or progress toward certification).
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 [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.Top Skills
What We Do
BlackRock is a global asset manager. We help investors build better financial futures. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. Our founding mission was to establish a firm that thinks differently about managing investment risks to best serve our clients, and this is still at our core today.
We challenge businesses to reach higher standards. We use technology to think beyond what’s possible. We provide investment solutions for every need. We aim to simplify a complex world. We help chart paths towards financial health. We are BlackRock, and we are invested in your financial well-being.
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Why Work With Us
Without our people, technology is irrelevant. When we combine the power of people with the power of technology, we amplify our ability to create better outcomes for our employees, clients, shareholders and society alike.
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