Muni Bond Pricing Analytics, VP

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. 

Who We Are :

Quantitative Modeling and Research (QMR) is an innovative team within Single Security Modeling (SSM) area. We specialize in crafting sophisticated risk and valuation models that span a diverse range of products, including interest rates, FX, inflation, equity, and credit. Our mission goes beyond traditional quantitative models; we are at the forefront of exploring novel modeling techniques, such as neural networks, to tackle complex problems in quantitative finance. 

What makes working on the team both challenging and rewarding: 

• Focus on business: We do not solve the math problem – we solve the business problem! 

• Breadth of product coverage: We support both BlackRock with over $11T AUM and Aladdin clients with trillions more. This is a tremendous breadth of products we need to cover.  

• Excellence in modeling and coding: We pride ourselves both on building great models and writing high quality code.  

• Collaborative environment: We have a lot of smart people on the team. Working here is a great chance to both learn and to teach others. 

What You Will Be Doing :

• Quantitative Modeling: Enhance and support the analytics for the muni products. Expand model coverage to address evolving client. 

• Analytical Support: Participate in internal and external client calls and on-site visits in support of the Aladdin business. Address complex analytics queries.  

• Thought Leadership: Keep abreast of contemporary trends in quantitative finance, capital markets and regulation. Bring the latest techniques to bear on the problems we face in our day-to-day work. 

What We Look For :

• A Degree in a Quantitative Field: An undergraduate degree is required. An advanced degree is a plus, but mathematical maturity matters far more than formal qualifications.  

• A minimum of 5 years of industry financial modeling experience, including at least 2 years focused on interest rate modeling. Experience in the muni space is a big plus. 

• Ability to write robust and efficient code implementing the models. We build analytics using C++; however, expertise in using a different object-oriented language and writing performant code may be sufficient.   

• A strong analytical mindset is essential. Whether you hold a PhD in Physics or enjoy reading math books for fun, a keen interest in solving complex analytical problems is crucial.  

• Excellent communication skills are required. You will be expected to explain complex concepts to non-technical people in simple, intuitive terms.